140 S Main Street

    Fayette, IA 52142
    • $149,000
    • STATUS: Active
    • ON SITE: 248 days
    • MLS #: 20181800
    $149,000
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,348
      SQFT
    • $34
      $/SQFT
    Type:
    Commercial
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    Description

    We've all dreamed about being our own boss or starting a business that we love... Well now's your chance. This a beautiful building on the Main Street of Fayette, IA - Home of Upper Iowa University. There are literally hundreds of possibilities you just need the passion and vision. The main floor is currently used as an successful floral & gift shop and the owner would love to sell it to someone as a turn-key business for an additional expense. If you have a talent with flowers or love home d'cor, the owner would hand the key over and you could have your own business the day of closing. But if flowers aren't your thing, you could purchase the building alone which comes with two rented apartments on the second level. There are two leases that the owner would like the new buyer to honor but it's guaranteed income to start as you transform the main floor area to suit your needs. It could be a restaurant, second-hand store, photography studio, art gallery, bakery, office space, yoga studio, caf', daycare center, book store, beauty salon... the possibilities are endless. The current owners purchased the property in 2004 and have made too many improvements to list. I'd love to show you around and help you look into any available grant money that you might qualify for as well if you start a new business.

    Monthly Payment Calculator

    Listing information © 2018 Waterloo Cedar Falls Board of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS. Data last updated: 2018-12-16T23:53:26.397.
    www.cedarvalleyhomesforsale.com/homes/82534268

    140 S Main Street Fayette, IA 52142

    • Price: $149,000
    • Status: Active
    • MLS #: 20181800
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    4,348
    SQFT
    $34
    $/SQFT
    1900
    Built
    County:
    Fayette
    Area:
    Fayette
    Property Description
    We've all dreamed about being our own boss or starting a business that we love... Well now's your chance. This a beautiful building on the Main Street of Fayette, IA - Home of Upper Iowa University. There are literally hundreds of possibilities you just need the passion and vision. The main floor is currently used as an successful floral & gift shop and the owner would love to sell it to someone as a turn-key business for an additional expense. If you have a talent with flowers or love home d'cor, the owner would hand the key over and you could have your own business the day of closing. But if flowers aren't your thing, you could purchase the building alone which comes with two rented apartments on the second level. There are two leases that the owner would like the new buyer to honor but it's guaranteed income to start as you transform the main floor area to suit your needs. It could be a restaurant, second-hand store, photography studio, art gallery, bakery, office space, yoga studio, caf', daycare center, book store, beauty salon... the possibilities are endless. The current owners purchased the property in 2004 and have made too many improvements to list. I'd love to show you around and help you look into any available grant money that you might qualify for as well if you start a new business.
    Exterior Features

    Building Description Multi-Tenant2 StoryBasement Dock Doors 0 Exterior Finish BrickOther Exterior Finish Frontage Access Inside LotCity Street Location Downtown Roof Construction Flat

    Interior Features

    Common Area No Cooling CentralIndividual Units Floor Construction WoodCarpeted Heating Forced AirGas Insulation Unknown Sprinkler No Sq Ft Total Available 4348 Wall Construction MasonryOther Wall Construction

    Property Features

    Agent Owned No Amenities CableWireless Internet Commercial Type Office/Retail Documents On File Lease(S) Flood Possible For Lease Yes For Sale Yes Gross Income Is Projected Gross Taxes 682 Improvement Rating Updated Investment No Lease Terms Yearly Lease Type None Miscellaneous Close To Shopping Multitenant Yes Options Other Options Ownership Individual Possession At ClosingSpecific DateSubject To Tenant Right Possible Financing Cash ConventionAt ClosingSubject To Tenants Rights Potential Use OfficeRetailOther Potential Uses Price Type Gross Region Outside The Metro Area Restrictions And Easements Utility Sale Lease Includes LandBuilding Sale Type Normal Sale Sewer City Sewer Tax Incentive In City LimitOther Tax Incentive Tax Year 2016 Tenant Pays GasElectricHeatingWater/Sewer Utilities On Site ElectricGasWaterSewerPhone Zoning Cl

    Listing provided courtesy of Emily Koch of Cedar Valley Iowa Realty - Decorah.
    Listing information © 2018 Waterloo Cedar Falls Board of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS. Data last updated: 2018-12-16T23:53:26.397.
     
    Amy Wienands Real Estate
    1730 W. Ridgeway Avenue
    Waterloo IA, 50701