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Listed by Lynn Geno • Geno's Key-Stone Real Estate
$ 165,000
Est. payment | /mo
479 Sqft Lot
$ 165,000
Est. payment | /mo
479 Sqft Lot
Key Details
Property Type Commercial
Sub Type Office/Retail
Listing Status Active
Purchase Type For Sale
Subdivision Gene'S Place
MLS Listing ID 20263101
Year Built 1870
Annual Tax Amount $2,724
Tax Year 2024
Lot Size 479 Sqft
Acres 0.011
Property Sub-Type Office/Retail
Property Description
This offering includes two buildings located on Main Street near the Keystone Bridge. The first building is currently operating as a well-known neighborhood bar, where locals have long gathered to enjoy a cold beverage, a slice of pizza, a game of pool, and great conversation. Above the commercial space is a two-bedroom, one-bath residence, ideal for owner occupancy or additional rental income. The neighboring building was formerly used entirely as residential space. Per City of Elkader requirements, the main level must now be used as commercial space, while the upper level may remain residential if desired by the new owner. It currently features a two-bedroom, two-bath apartment-style residence. Both buildings are being sold AS-IS. Cherished by three local families over the past 60 years, including the current owner for the past 32 years, this unique property offers the opportunity for commercial use, residential living, and income-producing potential in a prime downtown location. *There are some virtually staged or altered photos
Location
State IA
County Clayton
Zoning Commercial
Interior
Heating Forced Air, Natural Gas, Other
Cooling Central Air, Other
Flooring Wood, Carpet
Fireplace N
Exterior
Utilities Available Electricity Available, Natural Gas Available, Water Available, Sewer Available, Phone Available
View Y/N true
Roof Type Metal,Membrane
Building
Sewer Public Sewer
Others
Acceptable Financing NBR20263101
Listing Terms NBR20263101
Special Listing Condition Normal Sale
Nearby Locations
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Brokerage License ID: T06463000