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218 N Pine Street Creston, IA 50801 Commercial - Investment

New - 29 Hours Ago
  • 218 N Pine Street, Creston, IA 50801 Main Photo

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Description

This building offers over 24,000 square feet of space in uptown Creston, Iowa! HVAC updated in 2000 for the main level and the roof was commercial roof coated the same year. The first floor is set up for offices, retail, dance studios, possible separate office on the south side. Three overhead doors at alley access with huge working cargo elevator that runs 3 floors. The lower level can be utilized for cold storage, the south wall was reconstructed with block cement in 2006. The upper level offers expansive space for living quarters, business or what have you! The upper level also has three phase electric with no heating or air installed. Back up emergency lighting, new windows, hardwood and carpet is good condition, security system in place. Income appraisal already conducted, currently over $1400. in income recorded. Call your agent to set up a showing for this expansive uptown property!

Property Highlights

Property Type: Commercial - Investment
Year Built: 1880

General Information

County: Union
Listed By:
Chris Lane Real Estate 641-782-6749
No Coast MLS
$240,000
Est. $1,585/mo
New to the Market Active
MLS#6337049
STATUS PROPERTY TYPECommercial - Investment

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Ruhl&Ruhl Realtors
563.441.1776

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218 N Pine Street, Creston, IA 50801.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $240,000$240,000$240,000
Down Payment $48,000$8,400$60,000
Monthly Mortgage Amount $1,151$1,413$1,471
Taxes $334$334$334
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$106$0
Monthly Estimated Total $1,585$1,953$1,905

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