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131 Broadway St Charlotte, IA 52731

For Sale
$230,000

Commercial - Charlotte, IA

Lot size:
3.10 Acres
Days on Market:
128
Last Refresh:
Dec 11 at 6:06 am

Property Features for 131 Broadway St

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Zoning
Residentia
APN
62-0026-0000
Lot size
3.10 Acres

Utilities

Heating system
Forced Air
Cooling system
Multi Units

Building Details

Number of units
7
Flooring type
Carpet, Tile
Building materials
Frame
Roof type
Metal
Architectural style
Other

Howes & Jefferies Realtors (563) 242-3265 [email protected]

Listing agent Dennis Lauver (563) 242-3265 License #B63532000/475.165634

Listing date Aug 6, 2025

MLS# QC4264357 Listing URL

Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Charlotte Land with Income Potential

This property offers two potential avenues for return on investment. The site includes a mobile home park with 7 rental units, and there is room to expand the park. Annual expenses for water, sewer, trash, and recycling total $6,000, and title tags on the trailers are $350. There is an opportunity to increase revenue through rent increases, as it has been over 2 years since the last adjustment. Current lot rents are: Lot 1 at $300 monthly, Lot 2 at $600 monthly, Lots 3 and 4 at $650-$700 monthly, Lot 6 at $550 monthly, Lots 7 and 8 at $600 and $650 monthly respectively. Lot 5 is currently empty but could generate $250-$300 in monthly rent. One unit closest to Broadway is owner-occupied and not included in the sale; the remaining units are included. Alternatively, the approximately 3.1-acre site could be converted into a residential development to capitalize on the demand for housing in a rural setting like Charlotte. The natural, wooded views from the site are expected to be attractive to potential home builders. The property is zoned residential.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Restaurant Wholesale Shop Bar & Pub Discount Store Electrical Service Pawn Shop Italian Restaurant Butcher Parking Facility

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Charlotte
County
Clinton
State
Iowa
Longitude
-90.470529
Latitude
41.964394

FAQs

What type of property is this?
Mobile home & RV park - 3.1 acre site with mobile home park and development potential.
Where is this mobile home & rv park located?
The property is located at 131 Broadway St Charlotte, IA.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: - Dual investment opportunity: existing mobile home park and residential development potential.; - Significant revenue increase potential through rent adjustments.; - Mobile home park with 7 existing rental units included.
More about this property
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