101 Marion Ave. Washington, IA 52353 • Commercial - Business • Active $425,000

Description

INVESTMENT OPPORTUNITY IN THE HEART OF DOWNTOWN WASHINGTON! The historic Bryson Block Building is an iconic cornerstone property prominently situated at the corner of W Main St. and S Marion Avenue. Offering a diversified income stream under one roof, this impressive mixed-use property features six separate units consisting of retail, professional office, restaurant/bar, and residential spaces. The building is home to established, long-term tenants including The Village, the Washington Chamber of Commerce, JP's Restaurant & Bar, and an additional office tenant, along with two residential living spaces on the upper level. Rich in local history, this landmark building once housed the J.C. Penney Co. and later Dollar General. In 2007?2008, the property underwent extensive renovations to create the six individual units, including new roof, electrical wiring, plumbing, and HVAC systems at that time. For investors seeking an income-producing property with multiple revenue streams, established tenants, and a highly visible downtown location, the Bryson Block Building presents a rare opportunity. Its combination of retail, office, hospitality, and residential uses provides built-in diversification, while its history and prominent corner location make it one of downtown Washington's most recognizable properties.

Property Highlights