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Listed by Veronica Litterer • Stewart Realty Company
$ 235,000
Est. payment | /mo
5,575 Sqft Lot
$ 235,000
Est. payment | /mo
5,575 Sqft Lot
Key Details
Property Type Commercial
Sub Type Office/Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20264886
Year Built 1880
Annual Tax Amount $1,996
Tax Year 2026
Lot Size 5,575 Sqft
Acres 0.128
Property Sub-Type Office/Retail
Property Description
Centrally located in the Main Street business district, this historic building, locally known as the May Building, offers 2,684 sq ft of commercial space and three upper-story apartments, plus a private pocket park providing a rare outdoor space to expand your business. The current main level configuration features an open commercial space with Main Street frontage offering a private bath room, updated electrical system with dual-track lighting and new boiler. The back half of the main level is ready to be finished for additional commercial space with rear entry off of the public parking lot. The upper level has an updated two-bedroom apartment that is currently rented, and a one-bedroom apartment and a second two-bedroom apartment ready for finishing. The building also has a full heated basement providing ample space for storage or room for future growth. The building has had significant investment in basement structural support to meet building modern needs while keeping its historic integrity. Parking is available on Main Street and in a public parking lot behind the building. Prime location surrounded by active retail and service businesses, less than one block from Central Park and easily accessible to city services and recreational areas.
Location
State IA
County Floyd
Zoning B-2
Interior
Heating Natural Gas, Hot Water, Zoned
Cooling None
Flooring Wood
Fireplace N
Exterior
Utilities Available Electricity Available, Natural Gas Available, Water Available, Sewer Available, Fiber Optics
View Y/N true
Roof Type Membrane
Building
Sewer Public Sewer
Structure Type Brick
Others
Ownership LL Corp
Acceptable Financing NBR20264886
Listing Terms NBR20264886
Special Listing Condition Normal Sale
Nearby Locations
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Brokerage License ID: T06463000