307 8th Street SW, Altoona, IA 50009

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List Price
$1,400,000
Status
ACTIVE
Days on Market
32
MLS#
749887
Subtype
Commercial Sale
Year Built
1995
Lot Size
29,987
Acres
1.00
MLS Area Major
Altoona

Property Description

Fully leased and income-producing commercial property in a prominent Altoona location! All four spaces at 307 8th St SW are currently leased. The building fronts 8th Street, across from Hy-Vee and near Walgreens. According to the Polk County Assessor, this multi-tenant building offers 6,320 sq ft of ground-floor space plus a 480 sq ft finished basement. The main parcel is approximately 0.688 acres and zoned C-2 General Commercial; an adjoining parcel is also included in the sale. The roof and front facade are approximately 3 years old, and new front exterior lights were just installed. With four leased spaces, a visible location and two parcels included, this is an opportunity to add a commercial asset to your portfolio. Buyer to verify lease terms, income, square footage, zoning, permitted uses and parcel boundaries.

Additional Information

Taxes
$23,336
Zoning
C-2
Flooring
Tile
Heating
Forced Air, Gas, Natural Gas
Air Conditioning
Central Air
Roof
Rubber
Foundation
Block
School District
Southeast Polk

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Calculator source: Real Geeks

Listing courtesy of Pennie Carroll with Pennie Carroll & Associates

Data courtesy of the Des Moines Area Association of REALTORS