Marc Simpson
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
INVESTMENT OPPORTUNITY!! Take a look at this impressive Ida Grove building that is for sale - with updates!! The sky is the limit with this 14,000-square-foot space, whether set up as retail, an event space, restaurant, coffee shop, short-term rentals, apartment housing, or all of the above! With the right vision, this property has the ability to produce an incredible income stream and make dreams come true. As you walk in the north side door, you'll find a beautiful space to your left (east room) that is currently a boutique. Straight ahead are stairs leading up to apartment/Bnb/etc. spaces, and to the right is another versatile space (west room), that was previously equipped and functioning as a tea shop! This area leads into another room in the back that is currently a yoga studio and can also be rented out for events. The property includes an ADT security system, including 3 cameras and a coded side door, all operable from an app. The building is solid throughout and includes a solid, seamless tin roof and gutters. Storefront windows were updated as part of a community betterment project. Electrical and HVAC systems have been updated throughout, giving the ability to support 2 fully finished levels.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 14,000
County: Ida
Listed By:
Midwest Land Group LLC
515-401-2281
No Coast MLS
MLS ID: 6343938
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601 2nd Street, Ida Grove, IA 51445.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $267,000 | $267,000 | $267,000 |
| Down Payment | $53,400 | $9,345 | $66,750 |
| Monthly Mortgage Amount | $1,403 | $1,722 | $1,731 |
| Taxes | $372 | $372 | $372 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $118 | $0 |
| Monthly Estimated Total | $1,875 | $2,312 | $2,203 |
Marc Simpson
REALTOR®
Cell: (319) 331-7930
Licensed in IA
Iowa City Office
1075 Highway 1 West
Iowa City, IA 52246
(319) 351-7845
Iowa City, IA 52246
(319) 351-7845
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Listings courtesy of No Coast MLS as distributed by MLS GRID.
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