Jeff Edberg
This listing was posted on Jeff Edberg (via ListedBuy).
$280,000
Kalona, Washington County, IA Commercial Property, Homesites for sale Property
Price:
$280,000
Location:
413 B Ave, Washington, IA
Description:
This charming two-story building of 4,992 square feet is in the heart of downtown Kalona. It features soaring decorative ceilings, an upper level, once used as a dance hall, with gorgeous wood floors and tons of architectural details throughout. Both floors are being utilized as an antique/consignment store with several unique and eclectic collections for sale by numerous vendors. A buyer can take the building in two ways. First, it can be delivered vacant, provided vendors are given 60 days' notice. A second option, at no additional cost, is to continue operating the business and keep the 30 existing vendors that pay a total of $3,200 per month in booth saleal. The owner currently manages the business. The business brings in $38,000 per year from fixed sale from vendors, taxes are $3,836 per year and expenses are estimated to be $9,048 (including insurance and utilities). The NOI would be $25,516 with this scenario. In the past a portion of the upper floor was configured as a studio apartment with its own exterior entrance. This could be done again allowing the new owner to have a perfect work/live situation. Copyright © 2024 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Still available at ListedBuy!
Property Type:
Commercial & Office Space for Sale
Sq feet:
4,992 sq. ft.
Amenities:
Wood Floors
For sale by:
Agent/Broker
Agent Name:
Jeff Edberg
Posted:
February 10 on ListedBuy
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More About this Listing: Kalona, Washington County, IA Commercial Property, Homesites for sale Property
Kalona, Washington County, IA Commercial Property, Homesites for sale Property is a Commercial Real Estate for Sale at 413 B Ave in Washington IA. Find other listings like Kalona, Washington County, IA Commercial Property, Homesites for sale Property and listings near 413 B Ave by searching Oodle Classifieds for Commercial Real Estate for Sale in Washington IA.
Kalona, Washington County, IA Commercial Property, Homesites for sale Property is a Commercial Real Estate for Sale at 413 B Ave in Washington IA. Find other listings like Kalona, Washington County, IA Commercial Property, Homesites for sale Property and listings near 413 B Ave by searching Oodle Classifieds for Commercial Real Estate for Sale in Washington IA.