513/515 Cedar Street,
Tipton IA, 52772
Description
Excellent Investment Property in Down town Tipton. Building only for sale. 3 successful business tenants already in place. Upstairs apartments are rented. One office space is rented. Building just remodeled with Retail & office space for lease in varying sizes. Room for another upstairs apartment & a rear storage space is also available for rent. All apartment appliances are owned by the property. New HVAC though out the building. Some units have separate utilities & some are included. Common area restroom. Agent must be contacted directly for showings. No Showing Time. 2000 sq. ft. retail space is $2.75 p/sq ft and could be split for two or another large office. Other Office space is available for lease at $2.25 p/sq. ft. Commission paid on minimum of 1 year lease up to 5 year lease. There are two 500 sq ft and one 1,000 sq ft apartments upstairs. Roof was just redone recently also.
Details
| MLS# | 1900541 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 633 |
Features
| Story(s) | 1 |
|---|---|
| Zoning | Comm |
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| Area Information | |
|---|---|
| State | IA |
| County | Cedar |
| City | Tipton |
| Zip Code | 52772 |
| Area | Cedar |
| Listing VS Median (in 52772) | |
Price: $323,500 low | high Med: $199,000 On Site: 633 low | high Med: 50 | |
MLS Number: 1900541Listing Provided By:
Jeffrey Wallick of CORNERSTONE REAL ESTATE CONSULTANTS