317 High E Ave Oskaloosa, IA 52577-2823

This exceptional investment opportunity presents two commercial buildings situated just two blocks east of Oskaloosa's downtown square at 317 and 313 High Avenue East. The property encompasses a combined total of 0.11 acres. The main building, located at 317 High Avenue East, is currently occupied by TD&T accounting firm under a lease that transfers to the new owner, guaranteeing a minimum three-year tenancy. The second building, at 313 High Avenue East, offers 2,400 square feet (20ft x 120ft) of vacant, office-ready space, immediately available for lease. This building is already divided into individual offices, making it turnkey for a new tenant. Adding to the investment potential, the second building also features three one-bedroom apartments on the second floor. These apartments require some minor renovations before being ready for rental occupancy. Conveniently located, the property includes a single-car attached garage at the rear of the 313 High Avenue East building. Ample on-street parking is readily available directly in front of both buildings. This combined property offers a unique blend of immediate income generation and significant future rental income potential, making it an attractive investment opportunity in a desirable location. The asking price for this combined property is $475,000.