ReferLocal

What
in
Where
ReferLocal Intake ReferLocal Classifieds iOS
Sponsored Links
Price
$
to
Categories

STUNNING MULTI-USE CLOCKTOWER BLDG.+ LOT Des Moines AREA, STUART IOWA. 15K+ sQft, STUART, Iowa

Sponsored Links
Unique Historic Clock tower Building - LISTED on the National Historic Places registry.

Located in downtown Stuart Iowa, about 30mi west from the Des Moines International airport.
Stuart is located right off interstate 80.

THIS SALE INCLUDES "two" properties sold together.

The Clocktower Building is a 3.5+ story building with a working town clock - "bell and all!"
Over 15,000 sQft + a full 8.5' basement. The building has an elevator.
The Clocktower Building had a major multi-million $ renovation in the early 90s.

A multi use building with condo style apartments on the 3rd floor:
Apt. 1, 3000sQft
Apt. 2  1600sQft
Apt. 3  1700sQft

Multiple Professional offices on the 2nd floor [4500sQft - total]

1st floor contains the lobby, a 450sQft store front. A 3800sQft open space w/18' ceilings.

Currently the building is owner occupied, living in Apt. 1 and utilizing the basement as art space.
Currently the building generates 60,000$ a year in income [taking the basement and Apt.1 into consideration]. 2/3s of the 2nd floor and 3/4s of the 1st floor have yet to be rented [positive cash flow regardless]

Included with the buildings sale is the adjacent lot which was transformed to a garden and parking for the building [This lot is a separate property]. This property is 88 x 48 feet

This is a unique opportunity! Rents keep increasing as the Des Moines expansion west keeps moving toward Stuart.

Buyer is responsible for related real estate sale fees and closing costs.

Thanks for looking. Contact us with any questions.
Sq Ft: 15000
Year Built: 1894
111 NW 2ND ST, STUART, Iowa
Real Estate > Commercial and Industrial
$531,000.00
Sponsored Links
Results 1 - 0 of 0.