3407 Lafayette Street, Evansdale

$239,000

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0 Bed
0 Bath
3,761 Sqft
.24 Acre
0 Garage

Great Income Producing Property!!! This property offers (4) spaces that can be leased out with utilities all separated. The back 1740 Sq. Ft. is leased at $650.00/Mo. for up to 10 years (New Lease to Start at Closing). The upstairs apartment is projected to rent for approximately $800/Mo. The front retail space is 1061 Sq. Ft. and should rent for roughly $885.00/Mo. Then there is an additional 960 Sq. Ft. that could be rented out for a small mechanic, warehouse space, etc. it is also heated and offers one office space and tall ceilings. This is projected to rent out for $480.00/Mo. Total projected income yearly is $33,780.00 These rental rates are average rental rates and could be higher or lower. Currently the only space rented is the back 1790 sq. ft. which seller will leave the paint booth after the lease expires. Tons of potential here!!!

Essential Information

MLS® #
20224196
Price
$239,000
Square Footage
3,761
Acres
0.24
Type
Commercial
Sub-Type
Office/Retail
Status
Active

Community Information

Address
3407 Lafayette Street
Area
Black Hawk
City
Evansdale
State
IA
Zip Code
50707

Amenities

Utilities
Electric, Gas, Water, Sewer

Exterior

Exterior
Steel
Roof
Metal

Additional Information

Date Listed
September 1st, 2022
Days on Market
93
Zoning
C3

Listing Details

Agent
Jason Strelow

Office

Berkshire Hathaway Home Services One Realty Centre

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The IDX information being provided by the Northeast Iowa Regional Board of REALTORS® is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

Listing information last updated on December 4th, 2022 at 5:42am CST.