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Listing provided courtesy of Ohl Iowa Realty, Real Est & Insurance Inc. - MLS#20235129MLS Provider

1811 W 1st StreetIndependence, IA 50644

Commercial · 4,984 Sq. ft. | 1.69 Acres

$225,000 ACTIVE

Overview

Time on Site:
76 days
Visits:
9

Many possibilities in this nearly 5,000 square feet commercial space with ample parking available along 1st Street West on almost 1.7 acres. 3 motels, the Independence School campuses and activity fields are just a few of the neighbors in the immediate area.

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Facts & Features

  • Type Commercial
  • Sq. ft. 4,984
  • Price/Sq.ft. $45
  • Lot 1.69 Acres

General

Income/Expenses
  • Existing Lease Type: None
  • Gross Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0
Listing Information
  • Dual Variable Compensation: false
Building Information
  • Year Built: 1999
Location/Region
  • County Or Parish: Buchanan
Tax Information
  • Tax Annual Amount: 12409.97
  • Tax Assessed Value: 406180
  • Tax Year: 2022
General Information
  • Parcel Number: 1005252010
  • Property Sub Type: Office/Retail
  • Property Type: Commercial Sale
  • Special Listing Conditions: Normal Sale
  • Zoning: C-1

Interior

Building Interior
  • Building Area Total: 4984

Exterior

Lot Information
  • Lot Size Acres: 1.69
  • Lot Size Square Feet: 73616.4

Neighborhood

Community

50644 (Independence) Demographics
42
Median Age
62
Population Density (per sq. mile)
37%
College Educated
$65,060
Estimated Median Income
2,778
Estimated Total Home Owners
802
Estimated Total Renters
78% / 22%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

Elementary Schools
3
Public
West Elementary School
  • Grades: 3 - 6
  • Enrollment: 398
Middle Schools
4
Public
Independence Junior Senior High School
  • Grades: 7 - 12 /
  • Enrollment: 675
3
Public
West Elementary School
  • Grades: 3 - 6 /
  • Enrollment: 398
High Schools
4
Public
Independence Junior Senior High School
  • Grades: 7 - 12 /
  • Enrollment: 675
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Monthly Cost

$
$ %
%
$
$
* Assumes 7.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Market Data

Based on the last 30 days in this zip code

$249,996
Median Sales Price
$2,112
Median Price per Square Foot
2
Properties Sold
14
New on Market
65
Average Days on Market
32
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
12/7/2023Source: Northeast Iowa Regional MLS Added to Database
December 07, 2023
Keith Donnelly
Listing Agent