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    513-515 Cedar

    Tipton, IA 52772
    • $323,500
    • STATUS: Active
    • ON SITE: 140 days
    • ID#: QC7039949
    UPDATED: 44 min ago
    $323,500
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    MAJOR PRICE REDUCTION. Excellent Investment Property in Down town Tipton. Building only for sale. 2 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 thoughtout the building. Some units have separate utilities & some are included. Common area restroom. 2000 sq. ft. retail space is $4.00 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. Gym business is in 515 Cedar Street and all the rest is in 513 Cedar Street. Upstairs is taxed as residential for Multi Family.

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    © 2020 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Professionals. Data last updated: 2020-10-27T12:45:16.15.
    www.viewspringfieldhomes.com/homes/106650060
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    513-515 Cedar Tipton, IA 52772

    • Price: $323,500
    • Status: Active
    • Updated: 44 min ago
    • ID#: QC7039949
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    Neighborhood:
    Qcara Area
    County:
    Cedar
    Area:
    Qcara Area
    Property Description
    MAJOR PRICE REDUCTION. Excellent Investment Property in Down town Tipton. Building only for sale. 2 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 thoughtout the building. Some units have separate utilities & some are included. Common area restroom. 2000 sq. ft. retail space is $4.00 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. Gym business is in 515 Cedar Street and all the rest is in 513 Cedar Street. Upstairs is taxed as residential for Multi Family.
    Property Features

    Annual Taxes 2746 For Lease Yes For Sale Yes Lease Type Other Sale Rent For Sale Type Commercial/Cie Zoning Commercial

    Listing provided courtesy of Jeffrey Wallick of Cornerstone Real Estate Consultants.
    © 2020 RMLS Alliance, LLC. All Rights Reserved.


    © 2020 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Professionals. Data last updated: 2020-10-27T12:45:16.15.
     
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