SQUARE FEET17,000
MLS#6343602
STATUS
PROPERTY TYPECommercial - Business
Property Description
12-Unit apartment complex, office, and retail space, all available on over 2 acres of prime commercial Mount Ayr, Iowa, real estate. Current office/retail space is home to a clinic who leases private space along with shared common area - more space available for new lease contracts. The complex had a new roof the summer of 2023 and each apartment unit was remodeled/updated in 2021/2022! Nine of the apartment units have on site garage parking and complex offers a central space for small gatherings or socializing for tenants only. It's a great location right on Highways 2 & 169 and across from our new Casey's General Store!! Owners will release current income figures and potential income from space not rented to motivated buyers with offer ready and proof of financing or cash. It's a prime development property with highway frontage begging for new construction for additional income opportunities or management living quarters! Located just a mile north of Mount Ayr Industrial Park, Country Club and American Legion - a brief walk to the Mount Ayr Airport and Mount Ayr Inn when your have overnight visitors! It's an unmatched opportunity in Southern Iowa!
Property Features
Property Type: Commercial - Business
Cooling: Central Air
Fuel Type: Natural Gas
Garage: 8 car attached
Heating: Forced Air
Home Style: Mixed Use
Lot Size: 2.25 Acres
Taxes: $22,620
Year Built: 1993
Feature Descriptions
Amenities Unit: Main Floor Master Bedroom, Washer/Dryer Hookup
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Current Use: Office, Residential
Days on Site: 26
Exterior: Brick, Metal Siding
Flooring: Carpet, Tile, Vinyl
Lot Dimensions: 2.25 acres
Open Parking Spaces: 12
Owner Pays: Fuel, Insurance, Janitorial Service, Lawn Care, Repairs, Snow Removal, Taxes
Parcel #: 0063021
Parking: Attached, Detached Garage, Outside, Concrete, Paved
Possible Use: Diversified
Sale Includes: Buildings, land
Sewer: City Sewer/Connected
SQFT Building Finished: 17000
Tenant Pays: Cable T.V., Electricity, Fuel, Trash Collection, Water
Units: 12
Utilities: Electric Separate, Heating Separate, Hot Water Separate
Water: Public
Listed By / Shown
Listed By
Agency Name: South Central Iowa Realty
Agency Phone: 641-464-2080
Shown By
Agent Name: Jesse Klingler
Agent Phone: (636) 699-5208
Agency Title: Trophy Properties and Auction
1201 E South Street | MLS# 6343602
This commercial property located at 1201 E South Street, Mount Ayr, IA 50854 is currently listed for sale with an asking price of $999,500. Search Mount Ayr real estate on jklingler.trophypa.com today.