Description
Positioned in the heart of a thriving community directly across from Wartburg College, this property offers a rare opportunity to own a high-visibility, mixed-use asset with significant upside potential. Whether you continue operating the existing multi-office layout or reimagine the main level into a dynamic space designed to serve the evolving needs of the community and campus, the possibilities are wide open. The second floor features five residential units — four 2-bedroom, 1-bath apartments and one 1-bedroom, 1-bath apartment — providing steady rental income. Tenants enjoy access to a shared coin-operated laundry area, and each apartment is separately metered for added efficiency and ease of management. Major capital improvements include a new rubber roof (2024), updated windows (2019), and new furnaces and central air units (2014), offering peace of mind for years to come. This is a unique opportunity to invest in a prime location with built-in demand and long-term growth potential. Schedule your private showing today and explore the possibilities.
School Ratings & Info
Description
Positioned in the heart of a thriving community directly across from Wartburg College, this property offers a rare opportunity to own a high-visibility, mixed-use asset with significant upside potential. Whether you continue operating the existing multi-office layout or reimagine the main level into a dynamic space designed to serve the evolving needs of the community and campus, the possibilities are wide open. The second floor features five residential units — four 2-bedroom, 1-bath apartments and one 1-bedroom, 1-bath apartment — providing steady rental income. Tenants enjoy access to a shared coin-operated laundry area, and each apartment is separately metered for added efficiency and ease of management. Major capital improvements include a new rubber roof (2024), updated windows (2019), and new furnaces and central air units (2014), offering peace of mind for years to come. This is a unique opportunity to invest in a prime location with built-in demand and long-term growth potential. Schedule your private showing today and explore the possibilities.
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Based on information submitted to the MLS GRID as of 2026-05-16T23:41:46.97 (date and time MLS GRID Data was obtained).
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