111 2nd St Stuart, IA 50250-7704

This stunning, fully renovated 14,770 square foot historic Masonic Temple in Stuart, Iowa, presents a unique mixed-use investment opportunity. Built in 1894 and meticulously renovated in 2016, this three-story building seamlessly blends Romanesque Revival and Colonial Revival architectural styles. Currently 80% occupied with five tenants (three residential, two retail, and one office), it offers significant potential for growth. The building features 13,100 square feet of net rentable space, priced at $53.49 per square foot, with additional office spaces available. Original woodwork and the functional original bell and ringing mechanism remain intact, preserving its historic character. Recent improvements include a new roof and multiple skylights. The functional elevator meets current code. Situated on a 5,264 square foot lot, this property benefits from its convenient location, just minutes from Interstate 80, and is zoned for commercial and residential use. The building's prominent location in a growing town, coupled with its unique history and character, makes it an exceptional long-term investment, ideal for an owner-occupant seeking a blend of historical charm and modern functionality. The asking price is $790,000. An adjacent parking lot is now included.