1200 Central Ave Burlington, IA 52601
- Individual retail properties
- 1,895 SF
- 0.12 lot acres
Current Use by Public Records
- Carlos vape shop / Smoke Shop
- Upper Cuts / Barber Shop
- Punch da Barber / Barber Shop
Property Details for 1200 Central Ave
- Year built
- 1915
- Construction
- FRAME
- Lot size
- 0.12 lot acres
- Property size
- 1,895 SF
- Zone code
- C1
- Property type
- Individual retail properties
- APN
- 16-08-209-001
- APU
- 1608209001
Description
This exceptional commercial property located at 1200 S Central Avenue in Burlington, IA, presents a unique investment opportunity. Spanning 1,800 square feet on a 0.12-acre lot, this adaptable space offers diverse possibilities for a variety of businesses. Imagine a beauty salon, barbershop, retail store, or professional office – the possibilities are truly endless. The building has undergone significant recent upgrades, enhancing its functionality and value. Within the past year, the roof, furnace, and central air conditioning system have been replaced. Over the last decade, improvements have included new windows, a 200-amp electrical service upgrade, and updated plumbing. Adding to the property's appeal is a one-bedroom apartment at the rear, currently leased for $600 per month with a remaining lease term. This provides a consistent stream of supplemental income, making this a truly attractive investment. The property's prime location in Burlington, IA, ensures high visibility and accessibility, further enhancing its potential for success. This is a rare opportunity to acquire a well-maintained, versatile commercial property with immediate income generation. Don't miss out on this chance to expand your business horizons. The asking price is $92,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Burlington
- County
- Des Moines
- State
- Iowa
- Longitude
- -91.1095
- Latitude
- 40.7956
- CBSA code
- 15460
- CBSA name
- BURLINGTON, IA-IL MICROPOLITAN STATISTICAL AREA