203 Front St Stuart, IA 50250
- Mixed-use properties
- 5,130 SF
Current Use by Public Records
- R & D Services Unlimited / Gas Station / Car Repair And Maintenance Service
Property Details for 203 Front St
- Year built
- 1900
- Property size
- 5,130 SF
- Property type
- Mixed-use properties
- Property subtype
- Apartment buildings
Description
This exceptional Class A mixed-use property, the historic Hotel Stuart, presents a unique investment opportunity in Stuart, Iowa. Completely renovated in 2023, this 5,130 square foot building boasts 5 apartment units and 2 ground-floor retail spaces totaling 2,330 square feet. The meticulously preserved historic charm blends seamlessly with modern amenities, including updated HVAC, electrical, and plumbing systems. Each commercial tenant benefits from separately metered gas, electric, and water, while apartment tenants are responsible for their electricity, with water covered by the landlord. Located at 203 Front St, this property enjoys a prime location, conveniently situated off I-80, just 30 minutes from West Des Moines and directly across from the historic train depot, now an event center, offering significant foot traffic potential. The building's 1900 construction, coupled with the 2023 renovation, ensures a blend of character and modern functionality. This seven-unit property offers a strong potential for rental income and appreciation, making it an ideal addition to any investment portfolio. The asking price is $875,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Stuart
- County
- Guthrie
- State
- Iowa
- Longitude
- -94.3171
- Latitude
- 41.5037
