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919 6Th Ave DeWitt, IA 52742

Sponsored
For Sale
$685,000

Six-unit building, high rental income potential.

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional investment opportunity in DeWitt, Iowa, presents a unique blend of commercial and residential spaces within a single building at an asking price of $685,000. Located at 919 6th Avenue, this property boasts a rich history, having been constructed in 1902. The building comprises a total of six units, strategically divided to maximize income potential. The ground floor features two sizable retail spaces, previously occupied by a restaurant and an antique store, offering versatile options for future tenants. These spaces could easily be adapted to accommodate a bar, office space, or various retail ventures. Upstairs, four well-maintained apartment units provide consistent rental income. The residential units consist of three one-bedroom apartments and one two-bedroom apartment, catering to a diverse range of tenants. This property's combination of commercial and residential units makes it an ideal investment for both seasoned investors and business owners seeking a diversified portfolio. The property's location in DeWitt, Iowa, within Clinton County, offers access to a thriving community and convenient amenities. This is a rare chance to acquire a historically significant building with proven rental income and significant upside potential. The property is classified as land, industrial, office, retail, and multifamily, reflecting its diverse functionality and appeal. This is a turnkey investment ready for immediate income generation.

Property Features for 919 6Th Ave

General Information

Property type
Restaurants

Building Details

Year Built
1902
Buildings
1
Units
6

HighLights

  • $685,000 asking price.
  • Multifamily property with six units: two commercial/retail spaces and four apartments (three one‑bedroom, one two‑bedroom).
  • Located at 919 6TH Avenue, DeWitt, IA 52742.
  • 1902 construction, single building on land.
  • Suitable for various uses, including restaurant, bar, office, or retail.
Property Profile Location Intelligence

Current Use by Public Records

Flex space

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
DeWitt
County
Clinton
State
Iowa
Longitude
-90.5392117
Latitude
41.8248764

FAQs

What type of property is this?
Restaurant - Six-unit building, high rental income potential.
Where is this restaurant located?
The property is located at 919 6Th Ave DeWitt, IA.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: $685,000 asking price.; Multifamily property with six units: two commercial/retail spaces and four apartments (three one-bedroom, one two-bedroom).; Located at 919 6TH Avenue, DeWitt, IA 52742.
More about this property
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