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133 S Main Street Elkader, IA 52043 Commercial - Retail ACTIVE

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Description

Located in the heart of downtown Elkader on Main Street, this beautifully updated commercial building offers a rare opportunity to own property in one of northeast Iowa's most charming and vibrant communities. Featuring approximately 1,650 square feet on the main level, the space is ideal for a variety of business ventures including retail, office space, a showroom, dance studio, restaurant, boutique, and more. The exterior features large storefront windows and a stunning wood-and-glass entry door that create exceptional curb appeal. Inside, the rear portion of the building has been thoughtfully remodeled with new flooring and lighting, updated bathrooms, car siding, fresh paint, and a basement dehumidifier. This flexible area is perfect for offices, expanded retail space, or creative business use. Additional highlights throughout the building include stylish light fixtures, mixed hardwood flooring, granite countertops, shiplap accents, central air, two breaker panels, and two half bathrooms. The basement offers endless possibilities and could easily become additional retail space, a speakeasy-style venue, studio space, event area, or another unique concept. Currently operating as a successful boutique featuring western and Midwestern-inspired apparel and accessories, the property can easily transition to suit a wide range of businesses. Positioned along the scenic Turkey River, the building also offers the potential to add rear windows or a door to take advantage of beautiful river views. Elkader is known for its thriving tourism, welcoming community, charming downtown shops and restaurants, scenic biking and walking trails, river recreation, community pool, and the historic Elkader Opera House. As one of only 50 Iowa communities designated through the Main Street Iowa program, downtown property owners may have access to valuable resources including grants, business assistance, architectural support, and revitalization programs. A truly unique opportunity to invest

Property Highlights

Property Type: Commercial - Retail
Year Built: 1954

General Information

County: Clayton
Listed By:
EXIT Realty Driftless Group 319-231-9037 Kayla Aulwes
ECIMLS
$152,000
Est. $1,041/mo
New to the Market ACTIVE
SQUARE FEET3,300 MLS#154595
STATUSACTIVE PROPERTY TYPECommercial - Retail

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Ruhl&Ruhl Realtors
563.441.1776

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133 S Main Street, Elkader, IA 52043.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $152,000$152,000$152,000
Down Payment $30,400$5,320$38,000
Monthly Mortgage Amount $729$895$939
Taxes $212$212$212
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$67$0
Monthly Estimated Total $1,041$1,274$1,251

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