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208 11TH Street

De Witt, IA 52742
  • $495,000
  • STATUS: Active
  • ON SITE: 260 Days
  • ID#: QC4229475
UPDATED: 184 min ago
$495,000
  • 0
    BEDS
  • 0.37
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Are you looking for your next investment property or space to expand your business? This updated building could be perfect for you. The property offers income residential units above with retail space on the main level, a large warehouse/industrial area with two garage doors and ample parking that can be parceled off if desired. This building gets strong attention from traffic on 11th street in DeWitt and is close to other businesses as well as easy access to highways. Currently the property is at a 9% cap rate for investment income purposes but has potential to go even higher. Contact today for private showing and more information. Section c available as well as a list of updates. Make this yours now and invest in your future!

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© 2022 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 Campo Realty Inc.. Data last updated: 2022-09-27T23:45:05.613.
www.camporealty.com/homes/124591076
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208 11TH Street De Witt, IA 52742

  • Price: $495,000
  • Status: Active
  • On Site: 260 Days
  • Updated: 184 min ago
  • ID#: QC4229475
0
Beds
0
Baths
0
½ Baths
0.37
Acres
Neighborhood:
Qcara Area
County:
Clinton
Area:
Qcara Area
Property Description
Are you looking for your next investment property or space to expand your business? This updated building could be perfect for you. The property offers income residential units above with retail space on the main level, a large warehouse/industrial area with two garage doors and ample parking that can be parceled off if desired. This building gets strong attention from traffic on 11th street in DeWitt and is close to other businesses as well as easy access to highways. Currently the property is at a 9% cap rate for investment income purposes but has potential to go even higher. Contact today for private showing and more information. Section c available as well as a list of updates. Make this yours now and invest in your future!
Exterior Features

Construction Materials BlockFrameStucco Fenced YN No Number Drive In Doors 2 Roof FlatMembraneSloped

Interior Features

Building Area Total 6500 Common Laundry YN Yes Cooling Central Air Flooring CarpetConcreteTile/Vinyl Handicap Modified No Heating Forced AirGas Individual Laundry YN No

Property Features

Agent Owned Yes Financing Cash OnlyConventional For Lease YN No For Sale YN Yes Frontage Type City Street Gross Operating Income 52800 Lease Term Not Applicable Levels TwoMulti-Tenant Loading Dock YN No Lot Size Remarks 15900 Sqft Lot Newly Blacktopped 2020 Net Operating Income 49654 Owner Pays Common Area MaintenanceInsuranceTaxesTrash CollectionWater Possible Use IndustrialInvestmentMulti-FamilyRetailWarehouse Security System YN No Sewer Public Sewer Sprinkler YN No Tax Annual Amount 3146 Tax Incentive1 None Tax Year 2020 Tenant Pays ElectricityLawncare Type Commercial Water Source City Water/Connected Zoning Cmr

Listing provided courtesy of Kaitlyn Woods of Re/Max Concepts Bettendorf: [IDXCONTACTINFORMATION].
© 2022 RMLS Alliance, LLC. All Rights Reserved.


© 2022 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 Campo Realty Inc.. Data last updated: 2022-09-27T23:45:05.613.
 
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