Sweeney Real Estate Office: (563) 568-4170 Email: office@sweeneyrealestate.com Website: www.sweeneyrealestate.com
MLS ID #:
NBR20250096
Property Address:
116 Main St Cedar Falls, IA 50613
County:
Black Hawk
Region:
Cedar Falls South 2
Year Built:
1890
Property Type:
Commercial Sale
Sub-Type:
Retail
Date Listed:
January 7th, 2025
Status:
Active
Price:
$625,000.00
Gross Taxes:
$10,555.00
Tax Year:
2023
Multi-Tenant:
Yes
Sale/Rent:
For Sale
For Lease:
No
Lease Type:
Modified Terms
Sale/Lease Type:
Normal Sale
For Sale:
Yes
Zoning:
CD-DT
Legal Desc:
MILL SQUARE CEDAR FALLS LOT 7
Off-Street Parking:
0.00
Sprinkler:
No
Total Building Sq Ft:
2,836 sq ft
Retail SqFt:
1,418 sq ft
Lot Sq Footage:
1,760
Acres:
0.04
Common Area:
Yes
Remarks:Fantastic investment opportunity located on the first block of Main Street in Cedar Falls. Open storefront with tons of natural light, handicap accessible bathroom, and office on the main floor. The basement is poured concrete and provides great storage for the main floor business. The upstairs has been transformed into two 1 bedroom apartments which share a common stairwell with two apartments above 118 Main Street. One of the apartments has been completely remodeled. Both apartments have month to month tenants. A huge upside to this property is the parking lot behind which allows additional accessibility outside of Main Street parking. Owners are also selling 118 Main Street and would prefer to sell these as a package.
Listing provided courtesy of Lockard Realty Company. Listing Agent: Victoria Lockard & Baylea Hill
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