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306 W State Street

Williamsburg, IA 52361
  • $399,900
  • STATUS: Active
  • ON SITE: 139 Days
  • MLS #: 2405005
UPDATED: 24 min ago
$399,900
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,321
    SQFT
  • $75
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1890
County:

School Ratings & Info

Description

Explore this exceptional income-producing investment opportunity in the heart of the vibrant community of Williamsburg. Boasting over 5,300 square feet of space and strategically located on a corner lot in the bustling downtown district, this property offers immense potential for entrepreneurs and investors alike. EXTENSIVELY renovated in 2022, this property has been updated to offer a modern and accommodating environment for businesses and tenants. Currently, the property features four leased spaces for businesses, two garages rented for storage, and a FULLY FURNISHED apartment utilized as an Airbnb. The apartment includes two bedrooms, a full bathroom with stand-up shower, and essential appliances, including a stackable washer and dryer that were newly installed in 2023. This cozy living space provides a comfortable and convenient retreat for guests, making it a sought-after choice for short-term rentals. With its diverse income streams, prime location, and recent renovations, this property represents a compelling investment opportunity. Whether you are looking to expand your portfolio, generate passive income, or capitalize on the thriving local market, this property is a must-see that promises both versatility and profitability. Don't miss out on the chance to own this exceptional income-generating asset in the heart of Williamsburg's dynamic downtown district.

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© 2024 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. 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 Graf Real Estate ERA Powered. Data last updated: 2024-12-05T19:42:40.903.
www.cedarrapidsareahomes.com/homes/152745510
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306 W State Street Williamsburg, IA 52361

  • Price: $399,900
  • Status: Active
  • On Site: 139 Days
  • Updated: 24 min ago
  • MLS #: 2405005
0
Beds
0
Baths
0
½ Baths
0.29
Acres
5,321
SQFT
$75
$/SQFT
1890
Built
Neighborhood:
OT-W (West Of I-380)
County:
Iowa
Area:
OT-W (West Of I-380)
Property Description
Explore this exceptional income-producing investment opportunity in the heart of the vibrant community of Williamsburg. Boasting over 5,300 square feet of space and strategically located on a corner lot in the bustling downtown district, this property offers immense potential for entrepreneurs and investors alike. EXTENSIVELY renovated in 2022, this property has been updated to offer a modern and accommodating environment for businesses and tenants. Currently, the property features four leased spaces for businesses, two garages rented for storage, and a FULLY FURNISHED apartment utilized as an Airbnb. The apartment includes two bedrooms, a full bathroom with stand-up shower, and essential appliances, including a stackable washer and dryer that were newly installed in 2023. This cozy living space provides a comfortable and convenient retreat for guests, making it a sought-after choice for short-term rentals. With its diverse income streams, prime location, and recent renovations, this property represents a compelling investment opportunity. Whether you are looking to expand your portfolio, generate passive income, or capitalize on the thriving local market, this property is a must-see that promises both versatility and profitability. Don't miss out on the chance to own this exceptional income-generating asset in the heart of Williamsburg's dynamic downtown district.
Exterior Features

Parking Features Off Street Roof Asphalt Shingle

Interior Features

Basement YN Yes Cooling Central Air Wall / Window Unit(s) Cooling YN Yes Flooring Carpet Heating Steam Heating YN Yes Interior Features Storage Levels Two

Property Features

Building Features Elevator(s) Janitorial Service Multi- Tenant Overhead Doors Private Restrooms Pole Sign Business Type Storage Inclusions Building Land Lease Considered YN No Listing Terms Cash Other Owner Pays Electricity Heat Insurance Janitorial Service Taxes Water Possession Close Of Escrow Property Sub Type Office Property Sub Type Additional Office Investment Sewer Public Sewer Tax Annual Amount 6296 Tenant Pays Insurance Trash Collection Utilities Electricity Available Natural Gas Available Water Source Public Zoning Comm Zoning Description Comm

Listing information © 2024 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Lexi Belland-Perez of LEPIC-KROEGER, REALTORS: 319-351-8811.
© 2024 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. 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 Graf Real Estate ERA Powered. Data last updated: 2024-12-05T19:42:40.903.
 
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