513/515 Cedar Street

    Tipton, IA 52772
    • $323,500
    • STATUS: Active
    • ON SITE: 403 days
    • MLS #: 1900541
    UPDATED: 92 min ago
    $323,500
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    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.

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    © 2020 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 The Graf Home Selling Team & Associates. Data last updated: 2020-02-24T23:42:43.387.
    www.cedarrapidsareahomes.com/homes/90963658

    513/515 Cedar Street Tipton, IA 52772

    • Price: $323,500
    • Status: Active
    • Updated: 92 min ago
    • MLS #: 1900541
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    Neighborhood:
    OT-E (East Of I-380)
    County:
    Cedar
    Area:
    OT-E (East Of I-380)
    Property 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.
    Exterior Features

    Construction Materials See Remarks Roof Membrane

    Interior Features

    Cooling Central Air Cooling YN Yes Flooring Carpet Heating CentralGas Heating YN Yes

    Property Features

    Community Features Display Window Electric 220 Volts Lease Considered YN Yes Property Sub Type Business Security Features Security Lights Sewer Public Sewer Tax Annual Amount 2746 Tenant Pays See Remarks Utilities Electricity AvailableNatural Gas Available Water Source Public Zoning Description Comm

    Listing information © 2020 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
    Listing provided courtesy of Jeffrey Wallick of Cornerstone Real Estate Consultants.
    © 2020 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 The Graf Home Selling Team & Associates. Data last updated: 2020-02-24T23:42:43.387.
     
    The Graf Home Selling Team & Associates
    1190 Twixt Town Rd NE
    Cedar Rapids IA, 52402