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Listed by Emily Koch • Koch Real Estate
$270,000
Est. payment /mo
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office/Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20245379
Year Built 1890
Annual Tax Amount $1,636
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Office/Retail
Property Description
Amazing Investment Opportunity in beautiful downtown West Union. This large commercial building has the potential to bring in $3500/month in rent. There is currently a long-term office tenant in a portion of the main floor. The other main floor area is finished as an impressive and large hair/nail/tanning salon with 4 cutting stations, a hair washing room, a manicure room, pedicure room complete with two chairs, a supply room with sink, numerous tanning rooms and a couple offices. The salon was totally remodeled about 10 years ago with top of the line finishes, lighting and fixtures. Above the office area and salon are 3 apartments. The apartments are in the process of being remodeled with only a few things left to complete. They all have new sheetrock, flooring, windows, plumbing and electrical. There is one large two bedroom, two bathroom apartment with amazing views of the courthouse square. The other two apartments are 1-2 bedrooms with 1 bathroom. The common areas include a laundry room and hallway with two gorgeous skylights. With 8,740 sqft of rentable area, this is a smart investment. The entire building has new water lines and electrical service. Make an appointment to view this great building.
Location
State IA
County Fayette
Zoning C1
Interior
Heating Forced Air, Gas
Cooling Central Air
Flooring Wood, Tile/Vinyl, Carpet
Fireplace N
Exterior
Utilities Available Electricity Available, Gas, Water Available, Sewer Available
View Y/N true
Roof Type Flat
Building
Sewer City Sewer
Structure Type Brick
Others
Ownership Individual
Acceptable Financing NBR20245379
Listing Terms NBR20245379
Special Listing Condition Normal Sale
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