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301 W Adams Street Creston, IA 50801 • Commercial - Investment

  • 301 W Adams Street, Creston, IA 50801 Main Photo

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Description

A rare investment opportunity awaits in the heart of Uptown Creston! This historic mixed-use building offers impressive space, character, and tremendous potential. The property features 28 furnished hotel-style rooms, along with a spacious restaurant and outdoor patio that are currently leased and generating income. With a newer roof already in place, investors can focus on renovating the remaining rooms, improving operations, and bringing this landmark property to its full potential. Whether operated as extended-stay lodging, workforce housing, hospitality space, or a creative mixed-use development, this one-of-a-kind property offers numerous possibilities in a highly visible Uptown location.

Property Highlights

Property Type: Commercial - Investment
Year Built: 1900

General Information

County: Union
Listed By:
Our Town Realty, LLC 641-552-6284
No Coast MLS
$700,000
Est. $5,046/mo
Active
MLS#6341842
STATUS PROPERTY TYPECommercial - Investment

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Ruhl&Ruhl Realtors
563.441.1776

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301 W Adams Street, Creston, IA 50801.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $700,000$700,000$700,000
Down Payment $140,000$24,500$175,000
Monthly Mortgage Amount $3,868$4,689$4,646
Taxes $974$974$974
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$308$0
Monthly Estimated Total $5,046$6,175$5,824

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