$149,000
( $32.22Per Sq Foot )
 $800 est/mo Sourced by Back At You

832 Avenue G , Fort Madison, IA 52627

Fort Madison, IA 52627

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Description

Huge Price Reduction! Discover an exceptional investment opportunity in downtown Fort Madison, Iowa with this historic commercial property featuring two storefronts totaling 4,624 sq. ft., currently housing the renowned Faeth's Cigar Storea neighborhood institution for over 100 yearsas well as (4) 1-bedroom and (1) 2-bedroom apartments upstairs, all with original hardwood floors and built-ins awaiting refurbishment. The main floor boasts high tin ceilings and charming original woodwork, offering a versatile space ideal for retail, offices, restaurant or showrooms. The adjoining graveled lot provides ample parking and could also serve as an outdoor venue, enhancing its appeal for various business opportunities. This property presents the ideal blend of income generation potential and historic charm, with the option to purchase as a turnkey business, making it a rare find in downtown real estate. Don't miss outcontact us today to explore this unique opportunity further.

Details

MLS#6318554
Listing TypeFor Sale
StatusActive
Year1910
Days On Site117
Listing Provided ByFraise Auction & Real Estate | Corey Fraise

Features

Market Activity 52627

MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the Iowa Association of Realtors.

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Listings Checked: 1 minute ago
StateIA
CountyLee
CityFort Madison
Zip Code52627
AreaLee
Community NameIA
School District2322 - Fort Madison
Listing VS Median (in IA)
Price:
$149,000
low | high
Med:
$179,900
29.261744966443% of Average
On Site:
117
low | high
Med:
17.500000
100% of Average
Sourced by Back At You
Listing Updated: September 4, 2024 at 6:41:13 PM PDT