Investment opportunity in the heart of historic downtown Atlantic! This well-maintained commercial building is an excellent addition to any investment portfolio, featuring a long-term tenant with a strong lease in place for immediate rental income. Located in an attractive and vibrant downtown district there is street parking in the front and 2-3 private parking spaces in back. Current lease runs through September 30, 2029.
Basic Details
Property Type: Commercial Sale
Listing Type: For Sale
Listing ID: 6341854
Price: $114,900
Year Built: 1895
Lot Area: 0.08 Acre
Status: Active
Office Name: Meyer & Gross Real Estate Co
Agent Name: Melissa Ihnen
Roof: Rubber
Features
Heating SystemForced Air
Cooling SystemCentral Air
BasementUnfinished
ParkingAsphalt,On Street
Architectural StyleMixed Use
SewerCity Sewer/Connected
UtilitiesHeating Common,Hot Water Common,Electric Common
Address Map
CountryUS
StateIA
CountyCass
CityAtlantic
Zipcode50022
Street: Chestnut
Street Number: 405
Street Suffix: Street
Longitude: W96° 59' 11.7''
Latitude: N41° 24' 24.3''
Directions: Downtown on Chestnut Street.
Additional Information
Accessibility Features: No Stairs External,No Stairs Internal
Building Size: 2517
Construction Materials: Brick
Current Use: Business,Office
Lot Size Dimensions: 24.5x140
Number Of Units Total: 1
Possible Use: Diversified, Lounge/Bar, Medical/Dental, Office, Professional/Office, Retail
