143 Main St Osceola, IA 50213
- Retail space
- 2,480 SF
- 0.09 lot acres
Current Use by Public Records
- Retail space
Property Details for 143 Main St
- Year built
- 1910
- Construction
- WOOD
- Lot size
- 0.09 lot acres
- Property size
- 2,480 SF
- Property type
- Retail space
- APN
- 922
- APU
- 922
Description
This exceptional investment opportunity presents two established retail properties in Osceola, Iowa, generating a combined monthly income of $1,950. The portfolio comprises two buildings: 416 E Washington St, a well-maintained floral shop with a five-year lease in place, situated on the east side of the Osceola square, offering convenient rear and public parking. Annual property taxes for this location are $744. The second property, 113 E Jefferson St, houses a beauty shop and a small office, both operating under month-to-month leases. This presents a flexible opportunity for future income growth and tenant diversification. The combined properties sit on a 0.12-acre lot, providing ample space for the existing businesses. The current tenants are long-term, ensuring a stable income stream for the investor. This is a turnkey investment, ideal for those seeking immediate cash flow and long-term appreciation potential in a desirable location. The asking price for this exceptional portfolio is $204,000, offering a compelling return on investment. This is a rare opportunity to acquire a well-established, income-generating retail portfolio in a thriving Iowa community. Don't miss out on this chance to secure a profitable addition to your investment portfolio.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Osceola
- County
- Clarke
- State
- Iowa
- Longitude
- -93.7652
- Latitude
- 41.0337