704 /706 Central Avenue, Fort Dodge, Iowa 50501

IA, Fort Dodge
$365,000
  • 0.15 Acre
  • Commercial Sale Property Type
  • 1880 Year Built
  • Active Status
Property Description

Here is your chance to own a piece of downtown Fort Dodge. This is a nice cash flow opportunity. The building is fully leased with long-term tenants. Upstairs has a 5-year lease starting January 2024. First 2 years at $1,750/month and next 3 years at $1,950/month. There are two tenants on the main floor in the salon/spa business. One tenant pays $1,000/month ending 3/31/25. The other tenant just started a 2-year lease at $2,000/month. Also plans to lease the basement area for $600/month. Tenants are responsible for electricity and gas. The owner pays water, some electricity, taxes, and insurance. New roof 2020.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6321348
  • Price: $365,000
  • Year Built: 1880
  • Lot Area: 0.15 Acre
  • Status: Active
  • Office Name: Ryerson Realty LLC
Features
  • Heating System Forced Air
  • Parking On-Street Parking Only
  • Architectural Style Business
  • Sewer City Sewer/Connected
  • Utilities Hot Water Common,Electric Separate,Heating Separate
Address Map
  • Country US
  • State IA
  • County Webster
  • City Fort Dodge
  • Zipcode 50501
  • Street: Central
  • Street Number: 704 /706
  • Street Suffix: Avenue
  • Longitude: W95° 49' 2.6''
  • Latitude: N42° 30' 4''
  • Directions: Across the street from Webster County Courthouse
  • Unit Number: 708
Additional Information
  • Accessibility Features: No Stairs External,Accessible Elevator Installed,Fully Wheelchair
  • Current Use: Office,Beauty/Barber Shop
  • Lot Size Dimensions: 48X140
  • Number Of Units Total: 4
  • Possible Use: Lounge/Bar,Office,Professional Service,Restaurant,Retail,Shop,Other
  • Previous Price: 375000
  • Water Source: City Water/Connected
Financial
  • Tax Annual Amount: 8296
Map
Contact Agent
AJ Brown
A.J. Brown
Land & Farm Realtor
Phone: 641-680-9944
Fax: 641-664-3520

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