500 W Sheridan Avenue, Shenandoah, Iowa 51601

IA, Shenandoah
$350,000
  • 0.17 Acre
  • Commercial Sale Property Type
  • 1890 Year Built
  • Active Status
Property Description
Attention Investors! This solid brick corner building on the main downtown street in Shenandoah, Iowa offers the potential of 3 commercial units and 6 residential units. This 6,900 square foot building is professionally managed by a full-service management company and has 4 beautiful leased loft apartments, 1 leased restaurant, 1 unoccupied fully-equipped cafe and 1 large unoccupied commercial unit. There is potentional for 2 additional loft apartments. The numbers make sense on this investment! Call now to discuss and set up an appointment to view.
Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6325308
  • Price: $350,000
  • Year Built: 1890
  • Lot Area: 0.17 Acre
  • Status: Active
  • Office Name: Rubey Realty
  • Roof: Flat,Rubber
Features
  • Swimming Pool None
  • Heating System Forced Air
  • Cooling System Central Air
  • Basement Full,Unfinished
  • Fence None
  • Parking On-Street Parking Only
  • Architectural Style Mixed Use
  • Flooring Carpet,Tile,Wood
  • Sewer City Sewer/Connected
  • Utilities Electric Separate,Heating Separate
  • Window Features Double Pane Windows
Appliances
  • Range
  • Dishwasher
  • Refrigerator
  • Washer
  • Dryer
  • Electric Water Heater
Address Map
  • Country US
  • State IA
  • County Page
  • City Shenandoah
  • Zipcode 51601
  • Street: Sheridan
  • Street Number: 500
  • Street Suffix: Avenue
  • Longitude: W96° 37' 43''
  • Latitude: N40° 45' 56.5''
  • Directions: From the intersection of Hwy 2 and Hwy 59, take Hwy 59 North to Sheridan Avenue. Turn Right (East) on Sheridan Ave. Continue approximately .6 miles. Property will be on the right after the intersection of Sheridan Ave and N Blossom Street.
  • Street Dir Prefix: W
Additional Information
  • Accessibility Features: None
  • Association Amenities: Coin-op Laundry Owned,Deck
  • Construction Materials: Frame,Brick
  • Current Use: Restaurant,Residential,Other,Food Service
  • Lot Size Dimensions: 75X100
  • Number Of Units Total: 8
  • Possible Use: Diversified,Grocery,Lounge/Bar,Rest/Lounge,Restaurant,Retail,Shop
  • Previous Price: 350000
  • Water Source: City Water/Connected
Financial
  • Tax Annual Amount: 3464
Map
Contact Agent
AJ Brown
A.J. Brown
Land & Farm Realtor
Phone: 641-680-9944
Fax: 641-664-3520

This field is hidden when viewing the form
This field is for validation purposes and should be left unchanged.

Similar Properties

Property