2 Luther St - Commercial LAND FOR SALE


Madrid, IA 50156 15,699 SF
$250,000 USD
515-290-7007
2 Luther St, Madrid, IA for Sale
$250,000 USD
Commercial LAND - FOR SALE
1/3
15,699 SF

2 Luther St
Madrid, IA 50156


OVERVIEW

Calling all Entrepreneurs...LAND FOR SALE! Business lot for sale in Luther, Iowa. Prime Hwy 17 frontage location. Located directly across the street (north) from the popular WHATCHA SMOKIN BBQ Restaurant. (You can capitalize on their traffic.) Hwy 17, has 5,300 daily vehicle traffic count as per the DOT. Electric and water hookups are on the lot. This lot is over 1/3 acre (0.36) 15,700 sq ft as per the Boone County Assessor. This lot is currently leased by the restaurant as a parking lot through July 2027 at a rent of $2,000 per month. The tenant maintains the lot. This is a unique opportunity. Call the listing agent for most details.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/ACRE

$693,631/AC

PRICE/SF

$16 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

2 Luther Street, Luther Iowa 50152

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Parking Lot

LAND ACRES

0.36 AC

LAND SF

15,700 SF

OFFSITE IMPROVEMENTS

-

ZONING

Commercial

APN/PARCEL ID

088326254485041 & 088326254485040

ASK ABOUT THIS PROPERTY

Chuck WinkleblackHunziker & Associates, RealtorsMore Info
515-290-7007

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Chuck WinkleblackHunziker & Associates, RealtorsMore Info
515-290-7007

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