$323,500

513/515 Cedar Street

Tipton IA, 52772

Description

Excellent Investment Property in Down town Tipton. Building only for sale. 3 successful business tenants already in place. Upstairs apartments are rented. One office space is rented. Building just remodeled with Retail & office space for lease in varying sizes. Room for another upstairs apartment & a rear storage space is also available for rent. All apartment appliances are owned by the property. New HVAC though out the building. Some units have separate utilities & some are included. Common area restroom. Agent must be contacted directly for showings. No Showing Time. 2000 sq. ft. retail space is $2.75 p/sq ft and could be split for two or another large office. Other Office space is available for lease at $2.25 p/sq. ft. Commission paid on minimum of 1 year lease up to 5 year lease. There are two 500 sq ft and one 1,000 sq ft apartments upstairs. Roof was just redone recently also.

Details

MLS#1900541
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site506

Features

Story(s)1
ZoningComm
Loading Form
Loading Form
Area Information
StateIA
CountyCedar
CityTipton
Zip Code52772
AreaCedar
Listing VS Median (in 52772)
Price:
$323,500
low | high
Med:
$178,000
94.976816074189% of Average
On Site:
506
low | high
Med:
162
100% of Average
Listing Updated: 10/21/2020
Jeffrey Wallick LogoMLS Number: 1900541
Listing Provided By:
Jeffrey Wallick  of  CORNERSTONE REAL ESTATE CONSULTANTS