$365,000

704 706 Central Avenue 708 , Fort Dodge, IA 50501

 
Bedrooms:0 beds
Bathrooms:0 baths
Commercial Sale:0 sqft
Lot:0.15
Year Built:1880
Listing Status:Active

Listing Agent

Todd Swalin
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

Here is your chance to own a piece of downtown Fort Dodge. This building is in the path of improvement with Fort Dodges new master plan to revitalize the downtown area. This is a nice cash flow opportunity. The building is fully leased with long-term tenants. Upstairs has a 5-year lease starting January 2024. First 2 years at $1,750/month and next 3 years at $1,950/month. There are two tenants on the main floor in the salon/spa business. One tenant pays $1,000/month ending 3/31/25. The other tenant just started a 2-year lease at $2,000/month. Also plans to lease the basement area for $600/month. Tenants are responsible for electricity and gas. The owner pays water, some electricity, taxes, and insurance. New roof 2020.

Detailed Items

Other Information

704 706 Central Avenue, Fort Dodge, IA, 50501 is a commercial sale listing of 0 sqft on a lot of 0.15. This commercial sale listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property704 706 Central Avenue, Fort Dodge, IA
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