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41 W 1st St

Riverside, IA 52327
  • $139,500
  • STATUS: Active
  • ON SITE: 210 Days
  • MLS #: 202202814
UPDATED: 68 min ago
$139,500
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,000
    SQFT
  • $47
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1880
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Are you interested in an income property? If not, what about living and/or working in an Historic building in downtown Riverside, Iowa? Need a new challenge? The possibilities are up to you! This Historic 1895 brick gem offers plenty of options! For starters, you could LEASE each of the three spaces. RENT the two upstairs one-bedroom apartments plus LEASE the entire main street level. The main level already has a kitchen /laundry/ bathroom for a break-room area. Run your business from the main level while renting out the two upstairs apartments. Or rent out one of the apartments (the north apartment is currently rented, but the tenant has no lease agreement at the moment, even though hes lived there for 11 years) and live in the other apartment. (Which was occupied by a tenant for seven years while she worked in Lone Tree.) Or, you could occupy both upstairs apartments /or remodel them into one large apartment, and lease out or set up to operate your own business in the lower main street level. It just depends on what youre keen to do. Do you have a BIG idea you want to implement? Are you bored with retirement? Do you want to start a new business? Do you want a place to call home when you come to Hawkeyes games? What about setting up an Air BnB? (You could offer accommodation thats less expensive than the casinos, for instance.) This opportunity is located on the main highway through Riverside, Hwy 22 (aka First Street). Its just a few minutes to get to US Highway 218. Or a quick, five minute drive to Kalona Amish quilt country, 15 minutes to Iowa City /Coralville and the University of Iowa, or just 20 minutes east to Muscatine or south to Washington. Forty-five minutes north on Hwy. 218 to Cedar Rapids and its convenient airport. Two hours west to Des Moines or four hours on I-80 to Chicago. Riverside, Iowa is a friendly bedroom community. Population is around 1,000. The natives are welcoming. Expect people to wave at you while you walk your dog to the local parks /pond /river / walking trails. Or, while youre driving your children to the local elementary school. (And, FYI if interested, Highland High School has several active competitive sports programs.) Or if you like entertainment, the Riverside Casino and award-winning Blue Ridge Golf Course is just two-miles east of 41 W. 1st St. The top-notch casino has all the amenities you may expect. Riverside is also Captain James T. Kirks birthplace and home to the annual Trek Fest, which is a fun summer weekend at the end of June. Including a parade that passes by your new front door. The volunteer-run Riverside History Museum is also worth visiting. Currently, Riverside offers the U of I Healthcare River Crossing Medical Center and convenient drive-up pharmacy, a volunteer fire department, three churches, two restaurants, three beauty shops, a masseuse, Madelines coffee shop, the local bank is across the street - with a 24-hour ATM, a veterinarian, two convenience stores/ gas stations, a Dollar-General, at least one good mechanic, a 24-hour Kum-n-Go convenience store/ gas stop, Subway (sandwich shop), a friendly Senior Village, a post office, a laundromat/car wash, a dance studio, a professional photographer, a Tae Kwon Do studio, a bric-a-brac shop, as well as the usual seed companies and farm implement dealers (being in the heart of Iowa). Bike paths, walking trails, a new childrens playground, tennis courts, baseball diamonds and much much more! Sharon Telephone Co. fiber optic network is already installed at the building, providing you options such as ultra-fast fiber Internet, reliable digital TV and crystal clear phone services. The installers mentioned that one network connection would reach the entire building. How does that sound? Most recently, the main level was a recording studio. Prior to that, the space was occupied by VintageVille (kitsch, collectibles, art & antiques).

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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: 2022-12-09T20:25:37.437
www.gwenjohnson.com/homes/128625093
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41 W 1st St Riverside, IA 52327

  • Price: $139,500
  • Status: Active
  • On Site: 210 Days
  • Updated: 68 min ago
  • MLS #: 202202814
0
Beds
0
Baths
0
½ Baths
0.07
Acres
3,000
SQFT
$47
$/SQFT
1880
Built
Neighborhood:
Sw Quadrant
County:
Washington
Area:
Sw Quadrant
Elementary School:
Highland
Middle School:
Highland
High School:
Highland
Property Description
Are you interested in an income property? If not, what about living and/or working in an Historic building in downtown Riverside, Iowa? Need a new challenge? The possibilities are up to you! This Historic 1895 brick gem offers plenty of options! For starters, you could LEASE each of the three spaces. RENT the two upstairs one-bedroom apartments plus LEASE the entire main street level. The main level already has a kitchen /laundry/ bathroom for a break-room area. Run your business from the main level while renting out the two upstairs apartments. Or rent out one of the apartments (the north apartment is currently rented, but the tenant has no lease agreement at the moment, even though hes lived there for 11 years) and live in the other apartment. (Which was occupied by a tenant for seven years while she worked in Lone Tree.) Or, you could occupy both upstairs apartments /or remodel them into one large apartment, and lease out or set up to operate your own business in the lower main street level. It just depends on what youre keen to do. Do you have a BIG idea you want to implement? Are you bored with retirement? Do you want to start a new business? Do you want a place to call home when you come to Hawkeyes games? What about setting up an Air BnB? (You could offer accommodation thats less expensive than the casinos, for instance.) This opportunity is located on the main highway through Riverside, Hwy 22 (aka First Street). Its just a few minutes to get to US Highway 218. Or a quick, five minute drive to Kalona Amish quilt country, 15 minutes to Iowa City /Coralville and the University of Iowa, or just 20 minutes east to Muscatine or south to Washington. Forty-five minutes north on Hwy. 218 to Cedar Rapids and its convenient airport. Two hours west to Des Moines or four hours on I-80 to Chicago. Riverside, Iowa is a friendly bedroom community. Population is around 1,000. The natives are welcoming. Expect people to wave at you while you walk your dog to the local parks /pond /river / walking trails. Or, while youre driving your children to the local elementary school. (And, FYI if interested, Highland High School has several active competitive sports programs.) Or if you like entertainment, the Riverside Casino and award-winning Blue Ridge Golf Course is just two-miles east of 41 W. 1st St. The top-notch casino has all the amenities you may expect. Riverside is also Captain James T. Kirks birthplace and home to the annual Trek Fest, which is a fun summer weekend at the end of June. Including a parade that passes by your new front door. The volunteer-run Riverside History Museum is also worth visiting. Currently, Riverside offers the U of I Healthcare River Crossing Medical Center and convenient drive-up pharmacy, a volunteer fire department, three churches, two restaurants, three beauty shops, a masseuse, Madelines coffee shop, the local bank is across the street - with a 24-hour ATM, a veterinarian, two convenience stores/ gas stations, a Dollar-General, at least one good mechanic, a 24-hour Kum-n-Go convenience store/ gas stop, Subway (sandwich shop), a friendly Senior Village, a post office, a laundromat/car wash, a dance studio, a professional photographer, a Tae Kwon Do studio, a bric-a-brac shop, as well as the usual seed companies and farm implement dealers (being in the heart of Iowa). Bike paths, walking trails, a new childrens playground, tennis courts, baseball diamonds and much much more! Sharon Telephone Co. fiber optic network is already installed at the building, providing you options such as ultra-fast fiber Internet, reliable digital TV and crystal clear phone services. The installers mentioned that one network connection would reach the entire building. How does that sound? Most recently, the main level was a recording studio. Prior to that, the space was occupied by VintageVille (kitsch, collectibles, art & antiques).
Exterior Features

Additional Square Feet 2000-5000 Sqft Construct Cm BrickOther Road Frontage County/City RoadState HighwayUs Highway Roof Type Other

Interior Features

Cooling Wall UnitWindow Unit Elevators No Floor Type CarpetConcrete Slab/GradeWood Heating GasSteam/Hotwtr

Property Features

Bank Owned NO Business Food ServicesOffice BuildingRetail StoreLive/Work Ci Features Display Window Gross Taxcounty And City 2052 Insurance Exp Per Sqft 0.5 Internet Yes Lease Price 0 Location Inside Lot Lot Dimensions 25 X 130 Ownership Type Commercial Possible Financing CashConventional Sale Includes Building &Amp; Land Sale Lease For Sale Special Features Historical Type Of Lease N/A Utilities Available ElectricityNatural GasSewerWater-City Zoning Commercial/Multifamily

Listing information © 2022 Iowa City Area Association of Realtors.
Listing provided courtesy of David Mattingly of Coldwell Banker Real Estate Professionals: 319-351-3355.



© 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: 2022-12-09T20:25:37.437
 
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