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$ 1,400,000
Est. payment | /mo
1 Acres Lot
$ 1,400,000
Est. payment | /mo
1 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 749887
HOA Y/N No
Year Built 1995
Annual Tax Amount $23,336
Lot Size 0.996 Acres
Acres 0.996
Property Sub-Type Retail
Property Description
Fully leased and income-producing commercial property in a prominent Altoona location! All four spaces at 307 8th St SW are currently leased. The building fronts 8th Street, across from Hy-Vee and near Walgreens. According to the Polk County Assessor, this multi-tenant building offers 6,320 sq ft of ground-floor space plus a 480 sq ft finished basement. The main parcel is approximately 0.688 acres and zoned C-2 General Commercial; an adjoining parcel is also included in the sale. The roof and front facade are approximately 3 years old, and new front exterior lights were just installed. With four leased spaces, a visible location and two parcels included, this is an opportunity to add a commercial asset to your portfolio. Buyer to verify lease terms, income, square footage, zoning, permitted uses and parcel boundaries.
Location
State IA
County Polk
Area Altoona
Zoning C-2
Interior
Heating Forced Air, Gas, Natural Gas
Cooling Central Air
Flooring Tile
Fireplace No
Exterior
Utilities Available Electricity Available
Roof Type Rubber
Private Pool No
Building
Foundation Block
Sewer Public Sewer
Water Public
Schools
School District Southeast Polk
Others
Tax ID 17100332003000
Monthly Total Fees $1, 944
Security Features Security System
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Pennie Carroll & Associates
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Brenda Zobel-Moody