1640 1st St W - Freestanding FOR SALE


Independence, IA 50644
$225,000 USD
563-920-8212
1640 1st St W, Independence, IA for Sale
$225,000 USD
Freestanding - FOR SALE
1/13
null | Request Cap Rate

1640 1st St W
Independence, IA 50644


HIGHLIGHTS

  • Prime Corner Location
  • Just 1.5 miles from Highway 20
  • Two 12,200 sq.ft. concrete parking lots

OVERVIEW

Welcome to the ultimate investment opportunity! This building boasts 2820 square feet of prime commercial real estate just 1.5 miles from Highway 20. Most recently housed a restaurant, the property is zoned C-2, allowing for a wide range of commercial uses. The building itself features a spacious and inviting interior, with ample space to accommodate any business venture. Its location on the highly traveled 1st Street West ensures excellent visibility and easy access, making it a prime destination for customers. Additionally, this property comes with not one but two large concrete parking lots, each measuring 12,200 square feet, providing ample parking space for customers and employees. Neighboring businesses include Subway, Advance Auto Parts, Dollar General, Pizza Ranch, and Super 8 Motel. It is also situated in close proximity to the Independence Community Schools campus, making it an excellent location for any business catering to families, students and the broader community. With its prime location and impressive features, this building offers a rare opportunity to own a highly desirable piece of commercial real estate.

FOR SALE DETAILS

PRICE

$225,000 USD

PRICE/SF

$80 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

C2

APN/PARCEL ID

06.33.452.003

ASK ABOUT THIS PROPERTY

Curt MartinRe/Max Independence RealtyMore Info
563-920-8212

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Curt MartinRe/Max Independence RealtyMore Info
563-920-8212

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