606-610 9th St, Fort Madison, IA 52627

$95,000

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List Price
$95,000
Status
ACTIVE
MLS#
6338360
Subtype
Commercial Sale
Style
Other
Year Built
1900
Lot Size
479,160
Acres
11

Property Description

Commercial Versatility Meets Vintage Charm: Unlock incredible potential with this versatile mixed-use building, perfect for an owner-user or a savvy investor. The ground floor features three flexible storefronts that can be used as one expansive anchor space or easily divided into separate rentals. The interior boasts a mix of cement and refinished hardwood floors, highlighted by an authentic pressed tin ceiling in one unit. With brand-new Goodman gas forced-air furnaces, central air, and some updated storefront windows, the heavy mechanical lifting is already complete. Above the retail/office space, four one-bedroom apartments offer a massive value-add opportunity. These "retro-cool" units are brimming with character, featuring original clawfoot tubs. Whether you’re looking to launch a business or renovate the upper level for rental income, this property is for you!

Additional Information

Taxes
$2,244
Property Description
Other
Heating
Forced Air
Air Conditioning
Central Air
Parking Features
On Street

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Calculator source: Real Geeks

Listing courtesy of with Fraise Auction & Real Estate