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719 11th Street DeWitt, IA 52742 Commercial - Retail Active

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Description

This charming commercial property in the heart of DeWitt has been meticulously renovated down to the studs, offering a like-new feel and modern infrastructure. Benefit from significant upgrades including a new roof, siding, windows, plumbing, and electrical systems, ensuring years of worry-free ownership. Summit Cafe: A local favorite, drawing consistent foot traffic.Grounded: A Wellness Studio: Catering to the growing health and wellness community. The current tenants Leases expire 1/31/2026, providing flexibility for a new owner. This presents an excellent opportunity for an investor to set new lease terms or for an owner-operator to occupy a portion of the property. Ideal Location: Situated in the welcoming and growing city of DeWitt, recognized as the fastest-growing city in Clinton County. DeWitt benefits from its strategic position at the intersection of U.S. Highways 30 and 61, making it a convenient destination and a hub of local commerce. This property offers a unique opportunity for investors seeking immediate rental income or for an entrepreneur looking to establish or expand their business in a vibrant community with existing cash flow.Don't miss this exceptional opportunity to own a completely updated commercial property with established income potential in the thriving community of DeWitt, Iowa.

Property Highlights

Property Type: Commercial - Retail

General Information

County: Clinton
Listed By:
Cornerstone Partners QC - Real Broker, LLC 563-424-3499
MRED MLS
$275,000
Est. $1,802/mo
Active
SQUARE FEET2,816 MLS#QC4263159
STATUSActive PROPERTY TYPECommercial - Retail

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Ruhl & Ruhl Careers
563.441.1776

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719 11th Street, DeWitt, IA 52742.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $275,000$275,000$275,000
Down Payment $55,000$9,625$68,750
Monthly Mortgage Amount $1,319$1,619$1,699
Taxes $383$383$383
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$121$0
Monthly Estimated Total $1,802$2,223$2,182

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