604 8th St Grundy Center, IA 50638-1328
- Investment properties
- 3,190 SF
- 0.08 lot acres
Current Use by Public Records
- Seeds of Hope / Social Services Organization
Property Details for 604 8th St
- Year built
- 1920
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.08 lot acres
- Property size
- 3,190 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 871712263003
- APU
- 871712263003
Description
This unique mixed-use building in Grundy Center, Iowa, presents a compelling investment opportunity at an asking price of $99,500. Located at 604 8th St, zip code 50638 (42.3622003, -92.7737272), this property offers a versatile layout suitable for a variety of commercial ventures. The main floor provides ample space adaptable to office, retail, or storage uses, catering to diverse business needs. The upper level features an apartment, ideal for rental income generation or conversion into an Airbnb, adding another revenue stream. This presents a chance to establish a thriving business in a well-situated location within Grundy County. The property's flexibility allows for creative business strategies, maximizing its potential for return on investment. The building's substantial space and adaptable design make it an attractive option for entrepreneurs seeking a multi-faceted commercial property in a growing community. This is a rare opportunity to acquire a mixed-use building with significant upside potential in a desirable Iowa location. Serious inquiries are encouraged to explore the full range of possibilities this property offers. The building is classified as a traditional office space within a mixed-use context, offering a blend of commercial and residential elements.
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
- Grundy Center
- County
- Grundy
- State
- Iowa
- Longitude
- -92.7737
- Latitude
- 42.3622
- CBSA code
- 47940
- CBSA name
- WATERLOO-CEDAR FALLS, IA METROPOLITAN STATISTICAL AREA
