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208 11TH Street

De Witt, IA 52742
  • $510,000
  • STATUS: Active
  • ON SITE: 11 Days
  • ID#: QC4229475
UPDATED: 29 min ago
$510,000
  • 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: 2022-01-22T21:44:51.46.
www.camporealty.com/homes/124591076
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208 11TH Street De Witt, IA 52742

  • Price: $510,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 29 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

Exterior Finish BlockStucco Fenced1 No Frontage Access City Street Garages Yes Loading Dock 0 Num Drive In Doors 2 Roof Construction FlatMembraneSloped Wall Construction BlockFrame

Interior Features

Common Laundry Yes Cooling Central Air Flooring CarpetedConcreteTile/Vinyl Heating Forced AirGas Individual Laundry No Insulation Roof

Property Features

Annual Taxes 3146 Building Description 2 StoryMulti-Tenant For Lease No For Sale Yes Gross Operating Income 52800 Handicap Modified No Location Other Location Net Operating Income 49654 Number Of Buildings 2 Owner Pays Real Estate TaxesInsuranceCommon Area MaintTrashWater/Sewer Ownership L.L.C. Possible Financing CashConventional Sale Lease Includes Building Sale Rent For Sale Security System No Sewer Source Public Sewer Sprinkler No Tax Incentive None Tenant Pays Snow/LawnElectric Terms Lease N/A Total Num Units 2 Type Commercial/Cie Type1 IndustrialInvestmentMulti-FamilyRetailWarehouse Water Supply City On Premises Zoning Cmr

Listing provided courtesy of Kaitlyn Woods of Re/Max River Cities.
© 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: 2022-01-22T21:44:51.46.
 
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