Address
304-306 1st St. East Independence, IA
Price
$ 110,000
Property Attributes
  • MLS#20191317
  • TypeCommercial
  • CountyBUCHANAN
  • CityIndependence
  • AreaBuchanan
  • NeighborhoodLarees
  • Zip50644
  • Style2 Story
  • Year Built1880
  • Taxes2972
  • Price$ 110,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5716
  • Lot Size4,008 SqFt
Listing Provided Courtesy Of:
Curt Martin with RE/MAX Independence Realty
Property Description

Don’t miss this opportunity to own a part of downtown Independence. Two Main Street buildings for the price of one—offering high exposure to traffic and pedestrians. These well-maintained buildings offer tremendous potential for many types of retail businesses and offices. There is just one opening joining the two which could easily be closed to completely separate the buildings or keep it open for over 3,000 square feet on the main level. Each building has its own front and rear entrances, full basements and separate utilities. The second floor of both buildings are also completely separate and could be utilized for additional income with remodeling. The west (304) building received a new furnace and central air in 2002. The east (306) building received a new boiler in 2005 and features the original 12-foot high tin ceiling. Both roofs have the Ruberoid Torchdown System painted silver with a non-fiber aluminum roof coating, west side done in 2001 and east side a year or two later. Seller would prefer to sell the buildings together, however, will consider separating at $67,500 for 304 1st St. E. and $63,500 for 306 1st St. East. Owner will also consider sale of business with real estate. Contract possible with down payment.

Price History
3/28/2019 Listed $110,000

General Features

Class COMMERCIAL
Cooling Central, Other Cooling
Heating Forced Air, Gas, Hot Water
Lease Type None
Legal Description S&M Blk 2 W20.25' of E40.25' of S100' Lot 5 & S&M S100' of E20' Lot 5 Blk 2
Listing Area Buchanan
Miscellaneous Close to Shopping
Property Name/subdivision Laree's
Sewer City Sewer
Status ACTIVE
Status Active
Tax Year 2019
Type Retail
Year Built 1880
Zoning C-1

Interior Features

Available Retail Sqft 5716
Common Area No
Total Bldg Sqft 5716

Exterior Features

Approx Lot Size (sqft) 4000
Building Description 2 Story
Exterior Finish Brick
Frontage/access City Street
Lot Size Area 0.092
Sprinkler? No
Tiered Sliding No
Total Available Sqft 5716

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 50644

Price
AVG $280K
$110K
Taxes
AVG $33,139
$2,972
Visits
AVG 16
16
Year Built
AVG 1967
1880
Walkscore
AVG 42
67
Data Provided by Walkscore ® not using MLS data

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