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222 2Nd St Eldridge, IA 52748

For Sale
$325,000

High-Yield Quadplex, Prime Location

Property size:
4,050 SF

Description

Added:
Feb 3, 2025
Days on Market:
315
This exceptional investment opportunity presents a 4,050 square foot, single-story commercial building situated on a 0.14-acre lot at 222 N 2nd Street in Eldridge, IA. Currently housing four thriving businesses – a barbershop, dog grooming facility, nutrition vendor, and chiropractic office – this property offers instant income with a combined monthly gross rent of $2,900. Each of the four units boasts its own half-bath and separate access points, providing convenience and privacy for tenants. The building features convenient curbside access for easy loading and unloading. Leases are currently in place, expiring in March 2025, ensuring a steady stream of income for the foreseeable future. The landlord covers sewer and trash expenses, while tenants are responsible for all other utilities. This property represents a rare chance to acquire a well-established, multi-tenant commercial building in a desirable location with significant potential for future growth and appreciation. The asking price is $325,000. This turnkey operation requires minimal management and offers a strong return on investment. The property's location in Eldridge, IA, provides excellent visibility and accessibility, making it an attractive destination for businesses and customers alike. Don't miss this opportunity to secure a profitable and stable commercial investment.

Property Features for 222 2Nd St

General Information

Property type
Other commercial real estate
Square Feet
4,050 SF
Lot Size
6,098 SF

Building Details

Year Built
1873

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Pawsitively Purrfect Pet ... Pet Groomer

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Eldridge
County
Scott
State
Iowa
Longitude
-90.58457
Latitude
41.65711

FAQs

What type of property is this?
Commercial real estate - High-Yield Quadplex, Prime Location
Where is this commercial real estate located?
The property is located at 222 2Nd St Eldridge, IA.
What is the asking price?
The asking price for this property is $325,000.
More about this property
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