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207 N Main Street, Rake, IA 50465.
UNIQUE COMMERCIAL OPPORTUNITY IN RAKE, IA! Discover the possibilities with this versatile commercial property offering multiple buildings, generous storage space, and a functional layout suited for a variety of business or personal uses! The impressive 50' x 80' main building features a heated office, additional workspace, and a spacious open area complete with overhead doors on both ends for convenient drive-through access. The remaining portion of the building is currently utilized as cold storage, providing even more flexibility. Just west of the main building sits an additional 20' x 40' steel storage shed with an overhead door, while a detached double garage with convenient alley access is located on the east side of the property. Whether you're looking for a place to operate a business, store equipment, or expand your existing operations, this one-of-a-kind property offers endless potential! PLEASE NOTE: A fourth building located on the parcel was constructed by and is owned by the United States Postal Service (USPS). A land lease is currently in place through August 2027.
MLS ID: 6343839
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207 N Main Street, Rake, IA 50465.

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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $140,000 | $140,000 | $140,000 |
| Down Payment | $28,000 | $4,900 | $35,000 |
| Monthly Mortgage Amount | $736 | $903 | $907 |
| Taxes | $195 | $195 | $195 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $62 | $0 |
| Monthly Estimated Total | $1,031 | $1,260 | $1,202 |
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