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315 Main Street

Cedar Falls, IA 50613
  • $1,299,900
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 20243353
UPDATED: 75 min ago
$1,299,900
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1895
County:

School Ratings & Info

Description

Mixed-Use building on MAIN ST in Cedar Falls! Tons of visibility with almost 50' of retail window space. Great opportunity to invest in downtown Cedar Falls or utilize this building as an owner occupant with additional income stream. The upper level consists of 4 apartments producing $4560 per month in rental income. Full, dry and CLEAN basement available for storage or additional office space. $150,000 buyer credit available with acceptable offer in order to get space to white box. This Space is Also available for lease with main level lease rate of $14/ft.

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Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. 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. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2024-09-08T08:42:00.373 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
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315 Main Street Cedar Falls, IA 50613

  • Price: $1,299,900
  • Status: Active
  • On Site: 36 Days
  • Updated: 75 min ago
  • MLS #: 20243353
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1895
Built
Neighborhood:
Cedar Falls South 2
County:
Black Hawk
Area:
Cedar Falls South 2
Property Description
Mixed-Use building on MAIN ST in Cedar Falls! Tons of visibility with almost 50' of retail window space. Great opportunity to invest in downtown Cedar Falls or utilize this building as an owner occupant with additional income stream. The upper level consists of 4 apartments producing $4560 per month in rental income. Full, dry and CLEAN basement available for storage or additional office space. $150,000 buyer credit available with acceptable offer in order to get space to white box. This Space is Also available for lease with main level lease rate of $14/ft.
Interior Features

Building Area Total 13559 Total Available Square Footage 13559 Warehouse Square Footage 0

Property Features

Agent Owned YN Yes Available Office Square Footage 5750 Available Retail Square Footage 5750 Common Area Yes Existing Lease Type Net Expense History Historical Flood Insurance No For Lease YN Yes For Sale Rent For Sale For Sale YN Yes Gross Income 136420 Investment YN Yes Lease Per Month 6750 Multi Tenant YN Yes Net Operating Income 106020 Number Dock Doors 1 Number Drive In Doors 0 Number Rail Doors 0 Operating Expense 30400 Property Sub Type Office/Retail Special Listing Conditions Normal Sale Sprinkler YN No Tax Annual Amount 20626 Tax Year 2024 Tiered Sliding No Zoning CBD-DT



Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. 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. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2024-09-08T08:42:00.373 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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Vine Valley Real Estate
808 E. 18th St.
Cedar Falls IA, 50613