Commercial Property Alert!! This property offers a combination of steady rental income from the retail space on the main level (currently rented) This is a prime commercial space offering high visibility and foot traffic. This property also adds the opportunity to generate additional revenue from the 2BR/1BA residential apartment upstairs. This apartment is very spacious, well maintained and recently updated, featuring: Large living area, spacious kitchen and laundry area. Whether you're an investor looking for a multi-use property or a buyer seeking an income-generating asset, this property is a must-see! Call today !
MLS ID #:
NBR20245164
Property Address:
3 E Charles Oelwein, IA 50662
County:
Fayette
Region:
Outside the Metro Area
Location:
Downtown
Miles to Highway:
150
Year Built:
1893
Property Type:
Commercial Sale
Sub-Type:
Retail
Subdivision Name:
Unknown
Land Use:
Office, Retail
Building Description:
Multi-Tenant, 2 Story
Date Listed:
November 21st, 2024
Status:
Active
Price:
$92,000.00
Possession:
Closing
Gross Taxes:
$609.29
Tax Year:
2024
Multi-Tenant:
Yes
Tenant Responsible:
Trash Collection, Gas, Electricity, Heat
Finance Type:
Cash Convention
Sale/Rent:
For Sale
For Lease:
Yes
Lease Type:
Net
Sale/Lease Type:
Lease
Lease $/Month:
$1,125.00
For Sale:
Yes
Zoning:
C/R
Legal Desc:
W 13' LOT 7, E 10' LOT 8 BLK 1 PAIGN'S ADD ( COMMERCIAL)
Off-Street Parking:
0.00
Sprinkler:
No
Total Building Sq Ft:
1,150 sq ft
Retail SqFt:
1,150 sq ft
Lot Sq Footage:
23
Acres:
1380
Lot Features:
Close to Shopping
Frontage/Access:
City Street
Construction:
Brick
Roof Type:
Composition
Floor Construction:
Tile/Vinyl, Carpet
Insulation:
Unknown
Common Area:
Yes
Utilities Available:
Electricity Available, Gas, Water Available, Sewer Available
Sewer Type:
City Sewer
Heating:
Forced Air, Gas, Hot Water
Cooling:
Central Air, Other
Listing provided courtesy of Century 21 Signature Real Estate - Oelwein. Listing Agent: Jennifer Drewelow
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
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