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606-610 9th Street Fort Madison, IA 52627 Commercial - Retail

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Description

Commercial Versatility Meets Vintage Charm: Unlock incredible potential with this versatile mixed-use building, perfect for an owner-user or a savvy investor. The ground floor features three flexible storefronts that can be used as one expansive anchor space or easily divided into separate rentals. The interior boasts a mix of cement and refinished hardwood floors, highlighted by an authentic pressed tin ceiling in one unit. With brand-new Goodman gas forced-air furnaces, central air, and some updated storefront windows, the heavy mechanical lifting is already complete. Above the retail/office space, four one-bedroom apartments offer a massive value-add opportunity. These retro-cool units are brimming with character, featuring original clawfoot tubs. Whether you're looking to launch a business or renovate the upper level for rental income, this property is for you!

Property Highlights

Property Type: Commercial - Retail
Year Built: 1900
Lot Size: 11.00 acres

General Information

County: Lee
Listed By:
Fraise Auction & Real Estate 319-372-9121
No Coast MLS
$95,000
Est. $688/mo
New to the Market Active
MLS#6338360
STATUS PROPERTY TYPECommercial - Retail

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Ruhl & Ruhl Careers
563.441.1776

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606-610 9th Street, Fort Madison, IA 52627.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $95,000$95,000$95,000
Down Payment $19,000$3,325$23,750
Monthly Mortgage Amount $456$559$587
Taxes $132$132$132
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$42$0
Monthly Estimated Total $688$833$819

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About this area

Iowa/Fort Madison
Fort Madison

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Find homes for sale in Fort Madison, Iowa and learn about the local community and real estate market.

History and beauty combine for a breathtaking view of the Mississippi River. Fort Madison, with a population of over 11,000, is located along the Mississippi River in the southeastern corner of Iowa. Situated between bluffs along one of the widest portions of the Mississippi River, Fort Madison shares the Lee County Seat with Keokuk, which makes it the only county in Iowa with two seats of government. Continue browsing this page to see all houses for sale in Fort Madison, IA and if you need to do a little more research before buying, check out the information on this page.

Fort Madison is located southwest of Burlington. View homes for sale in the Burlington, Iowa area for more real estate options.

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Nearest Ruhl&Ruhl Office
403 S. Gear Avenue, Suite 105
West Burlington, IA 52655
Phone Number: (563) 441-1776

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