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Mixed-Use Building with Separate Entrances
For Sale
$119,000

105 S Cherry St, Letts, IA 52754

A five-year agreement with the United States Postal Service provides an established occupancy component.

Property Size1,875 SF
Price / SF$63.47
Days on Market85

Property Features for 105 S Cherry St

General Information

Standard status Active
Size 1,875 SF
Property subtype Commercial
Zoning C & R

Additional Details

Corner Location Yes
Liquor License No

Taxes and HOA fees

Annual Taxes $471

Amenities

separate entrances
Vinyl
25x75
0.04
CountyRoad

Building Details

Year Built 1900
Buildings 1
Tenancy Multi
Listing Agency: Urban Acres Real Estate
Listed By: Star Horak
Source: Pinnaclerealtyia
Added: Jul 14 Changed: Oct 3 Last Checked: Oct 5 at 4:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Urban Acres Real Estate

Investment Insights

Based on property information with market context.

This mixed-use property in Letts, Iowa, contains 1,875 square feet and was built in 1900. Separate entrances serve the units, and the property is zoned C & R. Tenants pay their own utility costs. A five-year agreement with the United States Postal Service is in place.

The building occupies a corner lot at 105 S Cherry St. The parcel is 0.04 acres, with listed dimensions of 25 by 75 feet.

Key Highlights

  • Five‑year agreement with the United States Postal Service
  • 1,875‑square‑foot mixed‑use property
  • Separate entrances for the units

Property Analytics

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Current Use

United States Postal ... Post Office

Suggested Use

Top Pick Auto Repair Shop Storage Facility Restaurant Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

21
Businesses Nearby

Demographics for 52754, IA

1,318
Population
621
Households
2.1
Avg Household Size
47
Median Age
23%
College-Educated
97%
High-School Grad
72.7 sq mi
ZIP Area
18
Density / Sq Mi
$100,417
Median Household Income
$52,045
Median Earnings
$942
Median Rent
$196,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Mixed-use property - A five-year agreement with the United States Postal Service provides an established occupancy component.
Where is this mixed-use property located?
The property is located at 105 S Cherry St Letts, IA.
What is the asking price?
The asking price for this property is $119,000.
What are key features of this property?
This property features: Five‑year agreement with the United States Postal Service; 1,875‑square‑foot mixed‑use property; Separate entrances for the units
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