# 115 E Washington Street, Winterset, IA 50273

> **TL;DR:** commercial, $775,000, built 1960.
> A/C. Est. $3,358/mo. Listed 132 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $775,000 |
| Year Built | 1960 |
| Lot Size | 17,424 sqft (0.40 acres) |
| Property Type | Commercial (Office) |
| Status | For Sale |
| Days on Market | 132 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,358 |
| **Total** | **$3,358** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1960
- 0.40 acre lot

## Description

### Agent Description
PLEASE SEE AGENT REMARKS FOR LINK TO MARKETING FLYER. Excellent opportunity to own a commercial investment property in the wonderful community of Winterset. The property is fully leased with three retail tenants. It features strong annual revenue and a healthy capitalization rate. The building itself is in great condition and features a large parking lot, exterior safety/security lighting, ADA access, and modern signage. High traffic and visibility. The building is located across the street from the John Wayne Birthplace & Museum and also one block from the historic town square, rich in history, tourism, and a vibrant local business community. Winterset is widely known for its historic covered bridges, the birthplace of John Wayne, scenic byways, and holiday festivals. Winterset is the county seat of Madison County. Madison County tourism has earned a number of accolades and awards. City of Winterset population: 5,421. Madison County population: 17,161. Winterset median household income: $72,822. Majority of households in town are between $75,000-$100,000. Madison County median household income: $89,542. Please ask the listing agent for P&L statements All information obtained from seller and public records.

## Location

- **Address:** 115 E Washington Street, Winterset, IA 50273
- **County:** Madison
- **Coordinates:** 41.333752, -94.012518
- **Google Maps:** https://www.google.com/maps?q=41.333752,-94.012518

## Listing Agent

- **Name:** Jeff Longman
- **Brokerage:** RE/MAX Precision
- **Phone:** 3194305523
- **Email:** sold@jefflongman.com

## Primary Photo

![115 E Washington Street - Primary Photo](http://lh.rdcpix.com/cf8abe177d680431e02d5550191bb8b3l-f1587150777r.jpg)

*20 total photos available on [listing page](https://www.propertysimple.com/listing/115-e-washington-street-winterset-ia-50273-a733213)*

---

**MLS#:** 733213 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/115-e-washington-street-winterset-ia-50273-a733213)

---

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