306 W State St, Williamsburg, IA 52361
- Specialty properties
- 4,549 SF
- 0.29 lot acres
Current Use by Public Records
- Miracle-Ear Hearing Aid Center / Hearing Aid Store / Hearing Aid Repair Service
- Midwest Counseling / Medical Clinic
- Witte's Home Decorating / Carpet & Flooring Store
Property Details for 306 W State St
- Year built
- 1970
- Lot size
- 0.29 lot acres
- Property type
- Specialty properties
- APN
- 9056-0303-9
- APU
- 905603039
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 7, 2021 | — | Doehrmann Rentals LLC | Kenton D Doehrmann | Intrafamily Transfer · related | — |
| Feb 16, 2012 | $240,000 | Kenton D Doehrmann | Leland Whitte | Warranty Deed | $200k · Farmers Trust 7 Savings Bank |
| Apr 19, 2010 | $135,000 | Leland Witte | Kimberly R Powell Doehramann | Warranty Deed | $168k · Farmers Trust & Savings Bank |
Description
This exceptional Williamsburg investment property offers a unique blend of income streams, boasting over 5,300 square feet on a 0.29-acre corner lot in the thriving downtown area. Extensively renovated in 2022, the property currently comprises four leased commercial spaces, generating consistent rental income. Adding to its appeal are two additional income-producing garages rented for storage. A significant advantage is the inclusion of a fully furnished, two-bedroom apartment with a full bathroom and a stackable washer/dryer (new in 2023), currently operating as a successful Airbnb. This provides a diverse revenue stream and adds significant value to the overall investment. The property's prime location in the bustling downtown district ensures high visibility and accessibility for businesses and guests alike. This turnkey investment opportunity is ideal for those seeking a diversified portfolio with strong potential for both capital appreciation and passive income generation. The recent renovations ensure a modern and attractive environment for tenants and guests, minimizing ongoing maintenance needs. This property presents a rare chance to acquire a well-established, high-performing asset in a vibrant and growing community.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Williamsburg
- County
- Iowa
- State
- Iowa
- Longitude
- -92.0113
- Latitude
- 41.6621
