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117 S Main Street Elkader, IA 52043 Commercial - Business Active

  • 117 S Main Street, Elkader, IA 52043 Main Photo

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Description

Historic bar with living quarters above and an adjacent apartment-style home for sale on Main Street in Elkader Iowa near the above and an adjacent Keystone Bridge. The main level features a well-known bar where locals have enjoyed a cold beverage a slice of pizza a game of pool and conversation. Upstairs is a two-bedroom one-bath residence ideal for owner occupancy or rental income. Next door is a two-bedroom two-bath apartment-style home. Both buildings are being sold AS-IS. Cherished by three local families over the past 60 years and by the current owner for 32 years this package offers both commercial and residential income potential. Offered at $87,500 per building.

Property Highlights

Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1870

General Information

County: Clayton
Listed By:
Better Way Realty 319-720-5700 Chassy Pollard
Cedar Rapids MLS
$175,000
Est. $1,161/mo
Active
SQUARE FEET4,920 MLS#2507884
STATUSActive PROPERTY TYPECommercial - Business

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Ruhl&Ruhl Realtors
563.441.1776

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117 S Main Street, Elkader, IA 52043.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $175,000$175,000$175,000
Down Payment $35,000$6,125$43,750
Monthly Mortgage Amount $817$1,003$1,064
Taxes $244$244$244
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$77$0
Monthly Estimated Total $1,161$1,424$1,408

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