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418 2Nd St Gladbrook, IA 50635

For Sale
$63,950

Prime Gladbrook investment opportunity! High-yield multi-unit building.

Property size:
7,200 SF

Description

Added:
Feb 3, 2025
Days on Market:
316
This unique 7,200 square foot mixed-use property located at 418 2nd Street, Gladbrook, IA, presents a compelling investment opportunity. Situated on a 0.07-acre lot, the building offers a diverse range of income streams. The main floor comprises two offices, a barber shop, and restrooms, providing immediate rental income potential. Upstairs, the property boasts three apartments: one two-bedroom unit and two one-bedroom units. Recent updates have been made to both the apartments and the building itself, enhancing their appeal and value. A convenient coin-operated laundry adds another revenue stream. The property also features ample parking spaces located at the rear, along with a useful deck area. This versatile property is ideal for an investor seeking a blend of commercial and residential income, offering a strong return on investment with its established tenant base and diverse income streams. The property's location in Gladbrook, IA, provides easy access to local amenities and services. This is a rare opportunity to acquire a well-maintained, income-generating property in a desirable location. Don't miss out on this chance to expand your portfolio with a truly unique and profitable investment.

Property Features for 418 2Nd St

General Information

Property type
Other commercial real estate
Square Feet
7,200 SF
Lot Size
3,049 SF

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Bowman & Miller PC Accountant

Suggested Use

Realty agency Law Firm Spa & Massage Hair Salon Wholesale Shop Auto Repair Shop Nail Salon Pharmacy Auto Parts Store Department Store

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

Location Insight

  • Map
  • Local Demand
City
Gladbrook
County
Tama
State
Iowa
Longitude
-92.71425
Latitude
42.1874

FAQs

What type of property is this?
Commercial real estate - Prime Gladbrook investment opportunity! High-yield multi-unit building.
Where is this commercial real estate located?
The property is located at 418 2Nd St Gladbrook, IA.
What is the asking price?
The asking price for this property is $63,950.
More about this property
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