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600 Main St Leon, IA 50144

For Sale
$199,999

Five-unit building, fully occupied, excellent investment.

Description

Added:
Feb 3, 2025
Days on Market:
308
This exceptional investment opportunity presents a fully occupied, five-unit commercial building located at 600 S Main Street in Leon, Iowa. The property is legally configured as a five-family dwelling, indicating strong potential for consistent rental income. The structure itself is noted for its high-quality construction, suggesting durability and longevity. Given its current occupancy status, this property offers immediate cash flow for the new owner. Prospective buyers should be prepared to provide proof of funds, a pre-qualification letter, and execute a non-disclosure agreement prior to scheduling a showing. Due to the fully occupied nature of the building, a 72-hour notice is required for all showings, and the owner must be present. Direct communication with tenants regarding the potential sale is strictly prohibited. The property is offered at $199,999. This presents a rare opportunity to acquire a well-maintained, income-generating property in a stable market. Serious inquiries only. The lot size is not specified.

Property Features for 600 Main St

General Information

Property type
Other commercial real estate

Building Details

Year Built
1920

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Leon
County
Decatur
State
Iowa
Longitude
-93.74742
Latitude
40.73576

FAQs

What type of property is this?
Commercial real estate - Five-unit building, fully occupied, excellent investment.
Where is this commercial real estate located?
The property is located at 600 Main St Leon, IA.
What is the asking price?
The asking price for this property is $199,999.
More about this property
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