919 6Th Ave DeWitt, IA 52742

Property Details for 919 6Th Ave

Year built

1902

Lot size

0.12 lot acres

Property size

7,560 SF

Property type

Turn key restaurants

APN

2001920000

APU

2001920000

Description

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.

Location Insight

City

De Witt

County

Clinton

State

Iowa

Longitude

-90.5393

Latitude

41.8248

CBSA code

17540

CBSA name

CLINTON, IA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments