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$430,000
Est. payment /mo
16,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 16,000 sqft
Price per Sqft $26
MLS Listing ID 828715
Year Built 1889
Annual Tax Amount $1,796
Tax Year 2023
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Commercial
Property Description
Endless Potential in the Heart of Rock Rapids Opportunity awaits with this distinctive historic building located on Main Street in downtown Rock Rapids. Bursting with charm and character, this property is ideal for entrepreneurs, investors, or business owners looking to make their mark. Currently producing income, the main level features two active businesses: a popular bar and a retail shop. The second floor has been thoughtfully renovated and offers three modern apartments—perfect for steady rental income. The expansive third floor remains unfinished, presenting a blank canvas for additional residential units, offices, or creative studio space. Whether you're seeking a solid investment, a mixed-use development opportunity, or a chance to restore a piece of local history, this property offers the flexibility and location to make it happen. Don't miss your chance to unlock the potential of this one-of-a-kind building.
Location
State IA
County Lyon
Area Surrounding Areas/Other Areas
Interior
Cooling 2 Central
Building
Sewer City
Water City
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Listed by Frontier Insurance & Realty