401 Avenue D, West Point, Iowa 52656

IA, West Point
$200,000
  • 0.14 Acre
  • Commercial Sale Property Type
  • 1900 Year Built
  • Active Status
Property Description
Prime Investment Opportunity – Versatile 4,945 Sq. Ft. Dual-Space Building with Income Potential Discover an exceptional investment property in this expansive 4,945 sq. ft. building featuring a modernized facade and brand-new front windows, enhancing curb appeal and energy efficiency. This unique property is divided into two separate, fully-leased units, each tenant handling their own utilities, ensuring simplified ownership and minimal maintenance responsibilities. The current tenants enjoy private entrances and spacious layouts suitable for various business needs, making this building adaptable to long-term commercial tenants or other income-producing uses. A highlight of this property is the unfinished upper level, a blank canvas offering limitless possibilities. Envision transforming this substantial space into loft-style apartments, adding valuable rental income, or converting it into a stylish event venue to tap into the thriving events market. With high ceilings, plenty of natural light, and flexible zoning options, the upstairs can be tailored to suit the buyer’s vision, maximizing the building’s full potential. Whether you’re an investor seeking a stable rental property with room for growth or an entrepreneur with a creative touch, this versatile building offers immediate income with opportunities for substantial returns. Don’t miss the chance to own this exceptional property, a perfect blend of contemporary appeal and untapped potential in a prime location.
Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6322806
  • Price: $200,000
  • Year Built: 1900
  • Lot Area: 0.14 Acre
  • Status: Active
  • Office Name: KLM Realty
Features
  • Heating System Forced Air
  • Parking On-Street Parking Only
  • Architectural Style Office
  • Sewer City Sewer/Connected
  • Utilities Electric Separate,Heating Separate,Hot Water Separate
Address Map
  • Country US
  • State IA
  • County Lee
  • City West Point
  • Zipcode 52656
  • Street: Avenue D
  • Street Number: 401
  • Longitude: W92° 32' 47.1''
  • Latitude: N40° 42' 59''
  • Directions: on the square in west point
Additional Information
  • Accessibility Features: No Stairs External
  • Current Use: Office,Event Space
  • Lot Size Dimensions: Irregular 1.4 Acres m/l
  • Number Of Units Total: 2
  • Possible Use: Income,Lounge/Bar,Office,Professional Service,Retail
  • Previous Price: 230000
  • Water Source: Rural/Municipality
Financial
  • Tax Annual Amount: 2091
Map
Contact Agent
AJ Brown
A.J. Brown
Land & Farm Realtor
Phone: 641-680-9944
Fax: 641-664-3520

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