The opportunity to invest in a fully occupied retail and office building situated in a high-traffic area presents a compelling prospect for discerning investors. This property has undergone extensive renovations, ensuring that all interior elements, including new flooring, fresh paint, and updated walls, meet modern standards and aesthetic appeal. The addition of a new bathroom of the five total enhances functionality, catering to both retail and office tenants, while also contributing to tenant satisfaction. The building's recent upgrades extend beyond its interior, with the parking lot meticulously sealed and painted to enhance both safety and visual appeal. Moreover, the installation of new wiring ensures compliance with contemporary electrical standards, providing peace of mind for tenants and contributing to lower maintenance costs. Occupying a strategic location with high foot and vehicle traffic, this property not only allows steady rental income from its fully occupied tenants but also the potential appreciation in property value over time. The combination of desirable features and prime location positions this investment as a lucrative opportunity in today's market, emphasizing both immediate cash flow and long-term growth. Thus, this retail/office building stands as a distinguished asset for investors seeking stability in a vibrant commercial environment.
Total Baths: 5.00
Roof: Metal
Year Built: 2,006
Business Type: Shopping Center,Business Service,Medical/Dental,Re
Transaction Type: Sale
Lot Dimensions: 100X150
Acres: 0.34
Section: 11
Miscellaneous: 1 Phase, Sign-Pole, 220 Power
Inside City Limits: Yes
Foreclosure: No
View: City
Efficiency Units: 0.00
View: No
Township: 33
County: Polk
Property Type: E
Vacancy: No
Sqft Retail Space: 2,389
Sqft: 2,389
Price Per Sqft: 147
Tax Year: 2,023
Heating: Electric
Utilities Available: Public Sewer, Electric, Public Water
Cooling: Electric, Central
Waterfront View: None
Lake River: None
Courtesy of listing office Highland Realty
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