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110 N Iowa Ave

Washington, IA 52353
  • $995,000
  • STATUS: Active
  • ON SITE: 181 Days
  • MLS #: 202203196
UPDATED: 50 min ago
$995,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 16,768
    SQFT
  • $59
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1912
County:

School Information

Elementary School:
Middle School:
High School:

Description

INVESTMENT OPPORTUNITY. Own a piece of Washington history. Originally built in 1912 and has had many recent renovations and is in excellent condition. The building has appx. 16,768 sq. ft. above ground and is spread out over 5 floors. The bank currently utilizes the main level and 2nd floor which is appx. 8,056 sq. ft. and features 8 individual offices, a large conference room, bathrooms, a breakroom, and a large open area that is currently the teller area. A full usable basement is below. Floors 3, 4, and 5 are currently rented and will generate $76,800 starting July 1, 2022. The three floors have a total of 17 offices and all feature a conference room, rest rooms, and break areas. This building inside and out would be considered in excellent condition and the location is an "A" location as it sits on the NE corner of the down town square. Current tenants utilize floors 3,4,5. Call listing agent for income/expenses.

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© 2022 Iowa City Area Association 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 The Johnson Team | Skogman Realty. Data last updated: 2022-11-30T19:25:44.82
www.gwenjohnson.com/homes/129359289
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110 N Iowa Ave Washington, IA 52353

  • Price: $995,000
  • Status: Active
  • On Site: 181 Days
  • Updated: 50 min ago
  • MLS #: 202203196
0
Beds
0
Baths
0
½ Baths
0.13
Acres
16,768
SQFT
$59
$/SQFT
1912
Built
Neighborhood:
Washington Area
County:
Washington
Area:
Washington Area
Elementary School:
Washington
Middle School:
Washington
High School:
Washington
Property Description
INVESTMENT OPPORTUNITY. Own a piece of Washington history. Originally built in 1912 and has had many recent renovations and is in excellent condition. The building has appx. 16,768 sq. ft. above ground and is spread out over 5 floors. The bank currently utilizes the main level and 2nd floor which is appx. 8,056 sq. ft. and features 8 individual offices, a large conference room, bathrooms, a breakroom, and a large open area that is currently the teller area. A full usable basement is below. Floors 3, 4, and 5 are currently rented and will generate $76,800 starting July 1, 2022. The three floors have a total of 17 offices and all feature a conference room, rest rooms, and break areas. This building inside and out would be considered in excellent condition and the location is an "A" location as it sits on the NE corner of the down town square. Current tenants utilize floors 3,4,5. Call listing agent for income/expenses.
Exterior Features

Additional Square Feet 10000-20000 Sqft Construct Cm Brick Road Frontage Pavement Roof Type Composition

Interior Features

Cooling Central A/C Elevators Yes Floor Type CarpetConcrete Slab/GradeVinyl/Vinyl Tile Heating Forced AirGas

Property Features

Bank Owned NO Business Office Building Ci Features Security System Gross Taxcounty And City 35438 Insurance Exp Per Sqft 0 Internet Yes Lease Price 0 Location Corner Lot Lot Dimensions 66' X 88' Ownership Type Commercial Possible Financing CashConventionalOwner Financing Sale Includes Building &Amp; Land Sale Lease For Sale Special Features Historical Type Of Lease See Notes Utilities Available Cable TvElectricityNatural GasSewerTelephoneUnderground UtilitiesWater-City Zoning Commercial

Listing information © 2022 Iowa City Area Association of Realtors.
Listing provided courtesy of Jeff Hazelett of Elliott Realty Group: 319-653-6612.



© 2022 Iowa City Area Association 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 The Johnson Team | Skogman Realty. Data last updated: 2022-11-30T19:25:44.82
 
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The Johnson Team | Skogman Realty
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