118 Grand St, Chariton, IA 50049-1801
- Retail space
- 3,200 SF
Current Use by Public Records
- Retail space
Property Details for 118 Grand St
- Year built
- 1895
- Property type
- Retail space
- APN
- 720358007
- APU
- 720358007
Description
This exceptional mixed-use property, situated on the east side of Chariton's historic square, presents a compelling investment opportunity. Built in 1895, the two-story structure boasts 3,600 square feet of space, recently enhanced with significant exterior improvements. The entire front facade has undergone tuckpointing, with upper-level windows, street-level glass, and decorative carvings receiving fresh paint. A new sidewalk complements these upgrades. The main level, ideal for commercial use, features approximately 2,400 square feet of space, commercial-grade carpeting, two half-bathrooms, and a kitchenette. Three mini-split air conditioning units were installed within the last year, ensuring climate control. The upper level comprises a three-bedroom apartment, complete with a spacious oak eat-in kitchen, a full bathroom, a half-bathroom, and laundry facilities (washer and dryer). This apartment benefits from its own separate central heating and air conditioning system. The property has a consistent rental history, demonstrating its strong income potential. This meticulously maintained building offers unlimited potential for a savvy investor seeking a blend of commercial and residential income streams in a desirable historic location. The property sits on a 0-acre lot. The asking price is $137,500.
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Location Insight
- Map
- Local Demand
- City
- Chariton
- County
- Lucas
- State
- Iowa
- Longitude
- -93.3065
- Latitude
- 41.0151
