735 Main St, Anita, IA 50020

Property Description

INVESTORS-THIS ONE DESERVES YOUR ATTENTION! Located on Main St in Anita, this unique commercial property offers an income-producing storage business with additional space and significant potential for future development. The lower level has been transformed into climate-controlled storage, featuring 51 individual storage units ranging in size from approximately 3x9 up to 9x10. All storage units were installed by the current owner since 2024, creating a modern, well-planned storage operation. Tenants enjoy 24-hour key-fob access, adding convenience to an income-producing business. Since 2024, the property has seen two new commercial HVAC units installed, new electrical, security cameras, and tuck-pointing completed on all sides of the building. These improvements provide added value/peace of mind for the next owner. The upper level offers a unique opportunity to unlock even more potential. Formerly a Masonic Lodge, this expansive space includes two rooms that could easily be converted into apartments, a large common area that was once used as a ballroom, a spacious dining area, and a smaller area that previously served as a kitchen. The possibilities are plentiful, additional rental units, event space, office space, or another creative use could provide multiple avenues for future income and appreciation. Income-producing storage + a substantial upper level with redevelopment potential = an investment with options. The groundwork has been laid. Now bring your vision.