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3407 Lafayette Street, Evansdale, IA 50707

$225,000
10,218 lot
Est payment $1207.85/mo

1 / 14

Commercial in Evansdale

Great Income Producing Property!!! This property offers (4) spaces that can be leased out with utilities all separated. The back 1740 Sq. Ft. is leased at $650.00/Mo. (New Lease to Start at Closing). The upstairs apartment is rent for $750/Mo. The front retail space is 1061 Sq. Ft. and should rent for roughly $885.00/Mo. Then there is an additional 960 Sq. Ft. that could be rented out for a small mechanic, warehouse space, etc. it is also heated and offers one office space and tall ceilings. This is projected to rent out for $480.00/Mo. Total projected income yearly is $33,780.00 These rental rates are average rental rates and could be higher or lower. Tons of potential here!!!

Courtesy Of Jason Strelow, Berkshire Hathaway Home Services One Realty Centre

10,218 Lot

Main Features

Listing Status: Active
Year Built: 1994
County: Black Hawk
Zoning: C3
MLS Number:20230748

Additional Features

Building Description:
- Free Standing
- Multi-Tenant
Garage:
- Yes
Roof Type:
- Metal
Exterior:
- Steel
Sewer:
- City Sewer
Utilities Onsite:
- Electric
- Gas
- Sewer
- Water
Access:
- Corner Lot
- Cul-de-Sac
- Frontage Road
- Paved 2 Lane
Potential Use:
- Light Industrial
- Office
- Retail
Legal Description:
- RANDALLS ADDITION LOT 26 CITY OF EVANSDALE COUNTY OF BLACK HAWK STATE OF IOWA (SEE ABSTRACT FOR COMPLETE LEGAL DESCRIPTION)
Net Operating Income:
- 27796
Possible Financing:
- Cash Convention
Sale/Lease Includes:
- Building
- Land
Special Conditions:
- Normal Sale
Tenant Pays:
- Cooling
- Electric
- Gas
- Heating
- Janitorial
- Water/Sewer
Ownership:
- LL Corp
Possession:
- At Closing
Tax ID:
- 891232128045

Price
Term
Interest Rate

Estimated Monthly Payment: $38,769.95*

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Search Nearby Homes

3407 Lafayette Street Evansdale, IA 50707

$225,000
10,218 lot
Est payment $1207.85/mo