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$635,000
Est. payment /mo
8,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $79
MLS Listing ID 829851
Year Built 1895
Annual Tax Amount $1,214
Tax Year 2023
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Commercial
Property Description
Step into a rare opportunity to own a fully renovated historic commercial masterpiece, a property that's as profitable as it is breathtaking. Whether you're seeking a prime investment or the perfect place to launch your own business while enjoying steady rental income ($3,000 per month,) this gem delivers on every front. Painstakingly restored to its original glory, the building showcases stunning exposed brick, original tin ceilings, and architectural details that transport you to another era. Upstairs, two luxury apartments offer chic urban living, combining modern convenience with timeless character perfect for generating high-end rental income. Immersed in history, this landmark was once knows the largest department store in Iowa outside of Sioux City west of the Mississippi and proudly sits on the very first paved street in the state. Today, it occupies a marquee location in the “Ice Cream Capital of the World,” boasting unmatched visibility on one of the busiest thoroughfares into downtown. Your brand will shine here, with exposure equivalent to a towering billboard greeting thousands daily. Every inch of the restoration reflects an obsession with quality and craftsmanship from the ornate details to the robust infrastructure. Includes new roof, windows, updates to mechanical, plumbing, and electrical. This is more than a building; it's a statement, and an investment that blends history, style, and income potential into one extraordinary package. (Both owners are licensed real estate brokers.)
Location
State IA
County Plymouth
Area Surrounding Areas/Other Areas
Schools
Middle Schools Lemars
High Schools Lemars
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