401 Avenue D

West Point, IA,

West Point, IA,
    $200,000
    Request info

    Share this home

    Copy

    Or share with

    Basics

    • Date added: Added 2 months ago
    • Category:
    • Status:
    • Lot size: 6098.4 sq ft
    • Year built: 1900
    • County: Lee
    • Acres: 0.14 acres
    • Price Per SQFT: $61.01
    • Current Use: Event Space,Office
    • DOM: 0
    • MLS ID: 6322806

    Description

    • Description:

      Prime Investment Opportunity – Versatile 4,945 Sq. Ft. Dual-Space Building with Income Potential Discover an exceptional investment property in this expansive 4,945 sq. ft. building featuring a modernized facade and brand-new front windows, enhancing curb appeal and energy efficiency. This unique property is divided into two separate, fully-leased units, each tenant handling their own utilities, ensuring simplified ownership and minimal maintenance responsibilities. The current tenants enjoy private entrances and spacious layouts suitable for various business needs, making this building adaptable to long-term commercial tenants or other income-producing uses. A highlight of this property is the unfinished upper level, a blank canvas offering limitless possibilities. Envision transforming this substantial space into loft-style apartments, adding valuable rental income, or converting it into a stylish event venue to tap into the thriving events market. With high ceilings, plenty of natural light, and flexible zoning options, the upstairs can be tailored to suit the buyer's vision, maximizing the building's full potential. Whether you're an investor seeking a stable rental property with room for growth or an entrepreneur with a creative touch, this versatile building offers immediate income with opportunities for substantial returns. Don’t miss the chance to own this exceptional property, a perfect blend of contemporary appeal and untapped potential in a prime location.

      Show all description

    Location

    Building Details

    • Garage Stalls: 0
    • Water: Rural/Municipality

    Amenities & Features

    • Available Utilities: Electric Separate,Heating Separate,Hot Water Separate
    • Style: Office
    • Parking Characteristics: On-Street Parking Only
    • Exterior: Brick/Stone,Vinyl,Wood
    • Heating: Forced Air
    • Sewer: City Sewer/Connected

    Miscellaneous

    • Association: SEIA
    • Yearly/Seasonal: Yearly
    • Contingency: None
    • Accessible: No Stairs External
    • Fuel: Electric,Natural Gas

    Fees & Taxes

    • Tax Year: 2023
    • Net Taxes: $2,092

    Inquire About This Property

    By clicking the «REQUEST INFO» button you agree to the Terms of Use and Privacy Policy
    This style property is located in West Point is currently and has been listed on 1st Rate Real Estate. This property is listed at $200,000. It has bedrooms, bathrooms, and is . The property was built in 1900 year.

    Share this property

    Copy

    Or share with

    Reset password

    Enter your email address and we will send you a link to change your password.