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123 E Marion Street Sigourney, IA 52591 Commercial - Investment

  • 123 E Marion Street, Sigourney, IA 52591 Main Photo

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Description

An exceptional opportunity to own a turnkey, mixed-use property featuring a successful ice cream shop and bakery combo, an on-site laundromat, and unfinished apartment space ready for expansion or customization. This unique property offers multiple income streams under one roof and is ideal for owner-operators, investors, or entrepreneurs looking to maximize value. The fully equipped ice cream and bakery operation is move-in ready, with established infrastructure allowing for immediate operation. The laundromat provides consistent, built-in foot traffic, creating strong cross-promotion opportunities and dependable, recurring, cash income. Above the commercial space, you'll find unfinished apartment space, offering the flexibility to create residential rental units, an owner's living quarters, or additional business use?unlocking even greater upside potential. Street parking available for customers and tenants. Financials available upon request for qualified buyers. Whether you choose to step into an existing, operational business or reimagine the space and build the business of your dreams, this property delivers versatility, income potential, and long-term value?all in one investment.

Property Highlights

Property Type: Commercial - Investment
Year Built: 1880

General Information

County: Keokuk
Listed By:
Legacy Insurance & Real Estate 319-461-7455
No Coast MLS
$155,000
Est. $1,040/mo
Active
SQUARE FEET5,140 MLS#6334941
STATUS PROPERTY TYPECommercial - Investment

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Ruhl&Ruhl Realtors
563.441.1776

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123 E Marion Street, Sigourney, IA 52591.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $155,000$155,000$155,000
Down Payment $31,000$5,425$38,750
Monthly Mortgage Amount $724$912$942
Taxes $216$216$216
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$68$0
Monthly Estimated Total $1,040$1,296$1,258

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