222 2Nd St, Eldridge, IA 52748
- Retail space
- 4,050 SF
- 0.14 lot acres
Current Use by Public Records
- Pawsitively Purrfect Pet Grooming / Pet Grooming Service
Property Details for 222 2Nd St
- Year built
- 1873
- Construction
- FRAME
- Lot size
- 0.14 lot acres
- Property type
- Retail space
- APN
- 931150904061
- APU
- 931150904061
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 14, 2017 | — | Jared J Hamilton | — | Deed · related | $471k · First State Bank Of Illinois |
| Feb 28, 2006 | $106,000 | Maroede Holdings L L C | Richard A Ahlgren | Warranty Deed | — |
Description
This exceptional investment opportunity presents a 4,050 square foot, single-story commercial building situated on a 0.14-acre lot at 222 N 2nd Street in Eldridge, IA. Currently housing four thriving businesses – a barbershop, dog grooming facility, nutrition vendor, and chiropractic office – this property offers instant income with a combined monthly gross rent of $2,900. Each of the four units boasts its own half-bath and separate access points, providing convenience and privacy for tenants. The building features convenient curbside access for easy loading and unloading. Leases are currently in place, expiring in March 2025, ensuring a steady stream of income for the foreseeable future. The landlord covers sewer and trash expenses, while tenants are responsible for all other utilities. This property represents a rare chance to acquire a well-established, multi-tenant commercial building in a desirable location with significant potential for future growth and appreciation. The asking price is $325,000. This turnkey operation requires minimal management and offers a strong return on investment. The property's location in Eldridge, IA, provides excellent visibility and accessibility, making it an attractive destination for businesses and customers alike. Don't miss this opportunity to secure a profitable and stable commercial investment.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Eldridge
- County
- Scott
- State
- Iowa
- Longitude
- -90.5848
- Latitude
- 41.6572
- CBSA code
- 19340
- CBSA name
- DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA
