Contact us: 563.441.1776
Description
Welcome to an exceptional investment opportunity in the charming town of Letts, IA! This unique property is located on a prominent corner lot, blending commercial and residential potential effortlessly. Currently housing multiple tenants, this versatile space guarantees immediate income. One of its standout features is a secured 5-year agreement with the United States Postal Service, providing stability and reliable revenue. The building offers separate entrances for each unit, ensuring privacy and convenience for occupants. Whether you're looking to expand your portfolio or establish your business on prime real estate, this property caters to diverse needs. Each tenant covers their own utilities, minimizing overhead costs and enhancing net returns. Positioned in the heart of Letts, this property benefits from high visibility and foot traffic while maintaining a tranquil small-town vibe.
Property Highlights
Property Type: Commercial - Business
Year Built: 1900
General Information
County: Louisa
Listed By:
Attain RE
319-770-2491
Brandon Rudkin
ICAAR MLS
MLS ID: 202507282
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105 S Cherry St, Letts, IA 52754.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $125,900 | $125,900 | $125,900 |
| Down Payment | $25,180 | $4,407 | $31,475 |
| Monthly Mortgage Amount | $588 | $712 | $753 |
| Taxes | $175 | $175 | $175 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $55 | $0 |
| Monthly Estimated Total | $863 | $1,042 | $1,028 |
About this area
Find homes for sale in Letts, Iowa and learn about the local community and real estate market.
Just off highway 61 in Southeast Iowa you will find the wonderful town of Letts. Letts has that trademark small town Iowa charm while still being less than 30 minutes from Muscatine.
No matter your reason for moving, Ruhl&Ruhl Realtors has homes for sale in Letts, IA for you to choose from. Continue browsing this page to see all houses for sale and real estate options in Letts, IA. Letts is located in the Muscatine, IA area. For more real estate options, view homes for sale in the Muscatine, IA area.
See more houses for sale in the Muscatine, IA area.
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Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 03/03/2026. The listing information on this page last changed on 03/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/03/2026 12:10:33 AM EST) or MRED MLS (last updated Tue 03/03/2026 12:04:55 AM EST) or SCWMLS (last updated Mon 03/02/2026 11:54:39 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 03/02/2026 10:15:21 PM EST) or Cedar Rapids MLS (last updated Mon 03/02/2026 10:44:15 PM EST) or NEIRBR MLS (last updated Tue 03/03/2026 12:08:41 AM EST) or ICAAR MLS (last updated Mon 03/02/2026 11:37:29 PM EST) or ECIMLS (last updated Mon 03/02/2026 11:44:19 PM EST) or RMLSA (last updated Tue 03/03/2026 12:00:57 AM EST) or Muscatine MLS (last updated Tue 03/03/2026 12:00:23 AM EST) or No Coast MLS (last updated Tue 03/03/2026 12:04:19 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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