24 W Park St - Freestanding FOR SALE


Spencer, IA 51301
$785,000 USD
602-739-5008
24 W Park St, Spencer, IA for Sale
$785,000 USD
Freestanding - FOR SALE
1/20
null | Request Cap Rate

24 W Park St
Spencer, IA 51301


OVERVIEW

Here is your opportunity to own a beautiful piece of Northwest Iowa history -- currently operating as an event/wedding facility! This former Episcopal Church exudes character. It was moved to the current site in 2009 and set above a 6300 sq ft first floor with a spectacular view of the Little Sioux River. No expense was spared in building this unique, landmark property with a geothermal HVAC system, floor to ceiling windows, and more. The fenced in grounds lend themselves to large event gatherings such as weddings, concerts, class reunions, etc. The lower level could be separate retail/office space. Special riverfront zoning allows broad residential & commercial use. Updates in 2025 include new roof, cement patio, windows, geothermal HVAC updating, and some new siding! The building is in top condition and waiting for your business. Leasing all or partial would also be an option. Seller is a licensed real estate broker for the state of Iowa. There is tenant on West half of first floor so we would prefer a 24 hours notice to show. The blacktop parking lot/storage building directly across street to North is included in the sale price. The contents are not included in the sale price but are negotiable. Seller is also open topossibly leasing the premises. In the event of a lease the contents would be left making this a turnkey restaurant/wedding/event center.Please contact listing agent for fee offered for referral. The vacant lot to the East is also included in the sale.Directions - Just NW of bridge over Little Sioux River in Spencer.

FOR SALE DETAILS

PRICE

$785,000 USD

PRICE/SF

$67 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Restaurant, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

25,957 SF

ZONING

-

APN/PARCEL ID

9636-18-176-008

ASK ABOUT THIS PROPERTY

Nick SteffesNick SteffesMore Info
602-739-5008

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Nick SteffesNick SteffesMore Info
602-739-5008

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