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110 W 4th Street , 2-7

Spencer, IA 51301
  • $350,000
  • STATUS: Closed
  • ON SITE: 385 Days
  • MLS #: 230982
Sold - 05/28/2024
$350,000
SOLD - 05/28/2024
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,339
    SQFT
  • $0
    $/SQFT
Type:
Commercial
Built:
1958
County:
Area:

School Ratings & Info

Description

Iconic Spencer Office Property is now available for you to own. This offering includes units 2 -7 of the Arnold Building consisting of approximately 9339 sq ft of useable space. That means this portion of the building is listed at less than $42 per square foot! The entire useable upstairs of approximately 5593 sq ft & part of the main level (approximately 3746 sq ft currently leased to Iowa State Extension) are all part of the sale. The second level is accessed via either stairs or an up to date & inspected elevator. There are current tenants in a large share of the space generating income on day one. A few offices are currently available for lease that could be used by an owner/operator on day one or lease the space for even more income. The east, off-street parking is shared with the owner of Unit 1 and provides extensive extra parking space for the whole building. This is a solid, quiet, and large property that rarely comes for sale. Bring your ideas because this opportunity is waiting for you!

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Iowa Great Lakes Board of Realtors logo © 2024 Iowa Great Lakes Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Integrity Real Estate. Data last updated: 2024-09-20T18:37:53.043.
www.integrityiowa.com/homes/142976766
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110 W 4th Street , 2-7 Spencer, IA 51301

  • Price: $388,780
  • Status: Closed
  • On Site: 385 Days
  • Updated: 23 min ago
  • MLS #: 230982
0
Beds
0
Baths
0
½ Baths
0.44
Acres
9,339
SQFT
$0
$/SQFT
1958
Built
County:
Clay
Area:
Spencer
Property Description
Iconic Spencer Office Property is now available for you to own. This offering includes units 2 -7 of the Arnold Building consisting of approximately 9339 sq ft of useable space. That means this portion of the building is listed at less than $42 per square foot! The entire useable upstairs of approximately 5593 sq ft & part of the main level (approximately 3746 sq ft currently leased to Iowa State Extension) are all part of the sale. The second level is accessed via either stairs or an up to date & inspected elevator. There are current tenants in a large share of the space generating income on day one. A few offices are currently available for lease that could be used by an owner/operator on day one or lease the space for even more income. The east, off-street parking is shared with the owner of Unit 1 and provides extensive extra parking space for the whole building. This is a solid, quiet, and large property that rarely comes for sale. Bring your ideas because this opportunity is waiting for you!
Exterior Features

Construction Materials Brick Roof Other

Interior Features

Basement Sqft 0 Common Walls 1 Common Wall Cooling Central Interior Features Elevator(s) Upper Floors Sqft 5593

Property Features

Construction Concrete BlockOther(See Rmks) Current Use Professional/Office Flood Zone No Fuel ElectricNatural Gas Heating Forced Air Lake Access No Land Size Sqft 18971 Legal 1-4 1 L&H & TRI TR IN 1 AUD PLAT 2 UNITS 2-7 ARNOLD BUILDING OFFICE CONDOMINIUMS (Note: Not to be used on legal documents) Listing Type Exclusive Right To Sell Owner Pays ElectricityFuelJanitorial ServiceLawnMaint/RepairSnow RemovalTrash CollectionWater/Sewer Parking Features Driveway-ConcreteDriveway-SharedShared Parking Property Attached No Road Frontage Type City Street Sale Includes BuildingLeases Sale Or Rent For Sale Sewer Public Sewer Tax Amount 8064 Tax Classification Commercial Tax Year 2023 Tenant Pays BroadbandCable TV Terms Cash Type Commercial Water Source Public/City Waterfront No

Iowa Great Lakes Board of Realtors logo Listing provided by Nick Steffes of Integrity Real Estate: PRIM: 712-339-0293 .


Iowa Great Lakes Board of Realtors logo © 2024 Iowa Great Lakes Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Integrity Real Estate. Data last updated: 2024-09-20T18:37:53.043.
 
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584 HWY 71 S, Suite D
Arnolds Park IA, 51331