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Listed by Gale Shinkle,CRB,CRS,ABR • Coldwell Banker Elevated Real Estate
$50,000
Est. payment /mo
3,049 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Oelwein Adding (Commercial) Fayette County Iowa
MLS Listing ID 20242743
Year Built 1890
Tax Year 2022
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Retail
Property Description
Possibilities Plus...This Landmark Building is waiting to be finished. It's exterior and interior has already gone through a lot of preservation and updates. The first-floor sports an excellent, large spacious area which is currently setup has a restaurant. The ceilings, serving bar and more allows the guests to step back in time. It is just waiting for the right person to make it shine. The upper 2nd and 3rd floors house one room sleeping accommodations and this area is ready for you to turn them into one-bedroom apartments...less rooms but a steady monthly rent income. The city of Oelwein has been granting dollars to revitalize buildings like this one; one with a history! In the past, the grants to a single applicant per year top off at $50,000. Be part of history and invest in your future.
Location
State IA
County Fayette
Zoning C/L-multi
Interior
Heating Forced Air
Flooring Wood
Fireplace N
Exterior
Utilities Available Electricity Available, Gas, Water Available
View Y/N true
Roof Type Metal
Building
Sewer City Sewer
Structure Type Brick
Others
Ownership Individual
Acceptable Financing NBR20242743
Listing Terms NBR20242743
Special Listing Condition Normal Sale
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