Skip To Content

107 & 109 N 1st Street

Panora, IA 50216
  • $249,900
  • STATUS: Active
  • ON SITE: 264 Days
  • MLS #: 644098
UPDATED: 63 min ago
$249,900
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1885
County:
Area:

School Ratings & Info

Description

Great opportunity here! Two beautiful store fronts with decent sq/ft, along with five apartments upstairs. The main level in building 109 features a nicely remodeled rustic main area, another room with a sink, a bathroom, and an overhead door into the alley to bring any large shipments in. There is an access hatch to the basement in that room as well. The main level of 107 is set up for a photography studio and it features a nice reception area, office, large bathroom/changing room and a very spacious photography area. There is access to the alley, along with the full basement which could easily be used for storage. On the second floor, there is one studio apartment, (2) very spacious one bedroom apartments, and a large loft one bedroom apartment. The third floor has an additional one bedroom apartment. Both buildings are offered as a package deal, and cannot be separated. Fully rented, you have the potential to earn approximately $3200 monthly, so the return is very favorable!

Monthly Payment Calculator

© 2022 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Rundall Real Estate Group | Keller Williams Greater Des Moines. Data last updated: 2022-10-04T21:22:06.013.
www.rundallgroup.com/homes/124670753
Print Image

107 & 109 N 1st Street Panora, IA 50216

  • Price: $249,900
  • Status: Active
  • On Site: 264 Days
  • Updated: 63 min ago
  • MLS #: 644098
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1885
Built
Neighborhood:
Panora
County:
Guthrie
Area:
Panora
Property Description
Great opportunity here! Two beautiful store fronts with decent sq/ft, along with five apartments upstairs. The main level in building 109 features a nicely remodeled rustic main area, another room with a sink, a bathroom, and an overhead door into the alley to bring any large shipments in. There is an access hatch to the basement in that room as well. The main level of 107 is set up for a photography studio and it features a nice reception area, office, large bathroom/changing room and a very spacious photography area. There is access to the alley, along with the full basement which could easily be used for storage. On the second floor, there is one studio apartment, (2) very spacious one bedroom apartments, and a large loft one bedroom apartment. The third floor has an additional one bedroom apartment. Both buildings are offered as a package deal, and cannot be separated. Fully rented, you have the potential to earn approximately $3200 monthly, so the return is very favorable!
Exterior Features

Foundation Details Brick/MortarStone Road Surface Type Asphalt Roof Rubber

Interior Features

Appliances RefrigeratorStove Cooling Central Air Cooling YN Yes Flooring CarpetLaminateTileVinyl Heating Forced AirGasNatural Gas Heating YN Yes Interior Features Cable TvWindow Treatments

Property Features

Home Warranty YN No Lease Considered YN No Listing Terms AssumableCashConventional Lot Features Rectangular Lot Lot Size Dimensions 43 X 83 Security Features Smoke Detector(S) Sewer Public Sewer Tax Annual Amount 4065.6 Water Source Public Zoning Comm

Listing provided courtesy of Exit Country Realty: (641) 755-2990. © 2022 Des Moines Multiple Listing Service.
© 2022 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Rundall Real Estate Group | Keller Williams Greater Des Moines. Data last updated: 2022-10-04T21:22:06.013.
 
https://bt-photos.global.ssl.fastly.net/desmoines/orig_boomver_1_644098-2.jpg https://bt-photos.global.ssl.fastly.net/desmoines/orig_boomver_1_644098-2.jpg https://bt-photos.global.ssl.fastly.net/desmoines/orig_boomver_1_644098-2.jpg
Logo
Rundall Real Estate Group | Keller Williams Greater Des Moines
4001 Westown Parkway
West Des Moines IA, 50266