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121 Spring Street Humeston, IA 50123 Commercial - Retail

  • 121 Spring Street, Humeston, IA 50123 Main Photo

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Description

Rare opportunity to own a purpose-built, modern commercial space right on Humeston's main corridor. Constructed in 2019 with versatility at its core, this stunning building is ready to become whatever you can dream up ? a boutique retail shop, a thriving restaurant, a licensed daycare, a live-work studio, or a dual-use residential and business space all under one roof. The open floor plan soars beneath vaulted ceilings with exposed wooden trusses, creating an atmosphere that's equal parts industrial chic and warm welcome. Spray foam insulation and UV-protected double-pane windows ensure energy efficiency year-round, keeping overhead costs in check no matter the season. Rough-ins for both a full kitchen and a handicap-accessible full bath are already in place ? ADA-conscious from the start, meaning the infrastructure is ready to serve every customer and resident with ease. You simply bring the vision. With three separate entrances and abundant parking to the south and east, this property is built to handle foot traffic, deliveries, and customers with ease. Whether you're an entrepreneur, investor, or someone ready to plant roots in a growing small-town community, 121 Spring St is the blank canvas you've been waiting for. Note: This property and the adjacent 124 S Front St sit on the same lot. A shared survey is included. Seller will cover the cost of an individual survey if properties are purchased separately.

Property Highlights

Property Type: Commercial - Retail
Year Built: 2019

General Information

County: Wayne
Listed By:
Stoney Oak Properties LLC 641-223-8163
No Coast MLS
$235,000
Est. $1,524/mo
Active
MLS#6336523
STATUS PROPERTY TYPECommercial - Retail

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Ruhl&Ruhl Realtors
563.441.1776

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121 Spring Street, Humeston, IA 50123.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $235,000$235,000$235,000
Down Payment $47,000$8,225$58,750
Monthly Mortgage Amount $1,097$1,383$1,428
Taxes $327$327$327
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$103$0
Monthly Estimated Total $1,524$1,913$1,855

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