Colo, IA 50056,401 Main ST
Colo, IA 50056,401 Main ST
Colo, IA 50056,401 Main ST
Colo, IA 50056,401 Main ST
Colo, IA 50056,401 Main ST
Colo, IA 50056,401 Main ST
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$50,000

$65,000

23.1%
Est.Price: ?

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Est. payment /mo

2,500 SqFt


SOLD DATE : 08/15/2024

Key Details

Sold Price $50,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $20

MLS Listing ID 64581

Sold Date 08/15/24

Originating Board Central Iowa Board of REALTORS®

Year Built 1914

Annual Tax Amount $561

Property Description

Located in the heart of historic Colo. USPS Lease has been renewed for another five years at $875 per month. Many other possibilities exist to add commercial and/or residential units on the first and second levels.
New roof and boiler (2015), new front door and frame (2016) and some replacement windows (2020).

In addition to the Post Office on the main level is a one bedroom apartment. The second level was previously used by a private club/lodge and contains two over-sized rooms and a kitchenette.

Seller reported operating expenses: Property Insurance-- $705 per year, Utilities-- $1900 per year.

Any radon testing is for Buyer's knowledge only. The Seller will not participate in any Radon remediation.

Location

State IA

County Story

Zoning Commercial

Body of Water Public

Interior

Cooling Central Air

Flooring Tile, Hardwood, Carpet

Exterior

Roof Type Flat,Rubber

Street Surface Hard Surface

Building

Story 2

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Structure Type Wood,Masonry/Concrete

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Listed by Hunziker & Assoc.-Ames
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(515) 612-8939

shonna@theiowarealestateteam.com

315 SW Maple St, Ankeny, IA, 50023, USA

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