101 Mclane St Osceola, IA 50213-1472

This exceptional investment opportunity presents a fully leased, 1-story, 5,100 square foot office building located at 101 E McLane St, Osceola, IA 50213. The property, built in 2007, sits on a 0.3-acre lot and is classified as a Class B building. Currently boasting 100% occupancy with five tenants, including the US Government, Unity Point, Children and Families of Iowa, H&R Block, and ASI Audiology, this multi-tenant property offers significant value. All tenant spaces have recently undergone updates and rehabilitation, and the building features new high-speed internet (added in 2018), new HVAC/mechanical systems, updated plumbing, and recently completed structural repairs. The asking price is $629,000, translating to $123.33 per square foot. This presents a strong value-add opportunity through the potential for longer-term leases and rent increases, given that current rents are below market value. The property's prime location in Osceola, Clarke County, Iowa, ensures strong tenant demand and long-term stability. This is an ideal investment for those seeking a stable, high-occupancy commercial property with significant upside potential.