108 S Madison St - Storefront Retail/Residential FOR SALE


Bloomfield, IA 52537 | 
$290,000 USD
660-734-0506
108 S Madison St, Bloomfield, IA for Sale
$290,000 USD
Storefront Retail/Residential - FOR SALE
1/7
null | Request Cap Rate

108 S Madison St
Bloomfield, IA 52537


HIGHLIGHTS

  • Historic downtown location on the west side of the Bloomfield square with strong visibility to local businesses and visitors
  • Ground-floor retail layout supports a variety of retail, service, or specialty business concepts
  • Two upper-level apartments with separate utility meters provide an existing residential income component
  • On-street parking and walkable access to surrounding downtown shops, services, and community destinations

OVERVIEW

Don't miss this exceptional opportunity!!! Whether you're an investor or have always aspired to start your own business. This is a prime chance to acquire a well-established business and building in Bloomfield, Iowa. Located on the west side of the square, it boasts a spacious retail area and two upstairs apartments, with separate meters currently rented at $1,500 per month. This solid structure lends itself to various business ideas, currently operating as a flower shop, with a state inspected kitchen that housed a coffee shop, offering potential for additional leasing opportunities. Notably, this property presents multiple revenue streams, ensuring a substantial return on investment. The current owner and staff have expressed interest in remaining on board to train new buyers. The owner will sell just the building without the flower shop for $269,900. To schedule a private viewing, please contact First Class Listing Agents Jared Williams at 660-216-3722 or Mary Williams at 660-734-0506 FEATURING: Business Building Flower and Gift Shop Business 1 Bedroom Apartment 2 Bedroom Apartment Multiple Income Streams The owners will sell just the building without the flower shop for $269,900. This is a great opportunity! Call today.

FOR SALE DETAILS

PRICE

$290,000 USD

PRICE/SF

$58 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Making Memories Flowers and Gifts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

Commercial

APN/PARCEL ID

001000900,001001550

ASK ABOUT THIS PROPERTY

Jared WilliamsFirst Class PropertiesMore Info
660-734-0506

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Jared WilliamsFirst Class PropertiesMore Info
660-734-0506

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.