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306 W State Street Williamsburg, IA 52361 Commercial - Business Active

  • 306 W State Street, Williamsburg, IA 52361 Main Photo

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Description

Explore this exceptional income-producing investment opportunity in the heart of the vibrant community of Williamsburg. Boasting over 5,300 square feet of space and strategically located on a corner lot in the bustling downtown district, this property offers immense potential for entrepreneurs and investors alike. EXTENSIVELY renovated in 2022, this property has been updated to offer a modern and accommodating environment for businesses and tenants. Currently, the property features four leased spaces for businesses, two garages rented for storage, and a FULLY FURNISHED apartment utilized as an Airbnb. The apartment includes two bedrooms, a full bathroom with stand-up shower, and essential appliances, including a stackable washer and dryer that were newly installed in 2023. This cozy living space provides a comfortable and convenient retreat for guests, making it a sought-after choice for short-term rentals. With its diverse income streams, prime location, and recent renovations, this property represents a compelling investment opportunity. Whether you are looking to expand your portfolio, generate passive income, or capitalize on the thriving local market, this property is a must-see that promises both versatility and profitability. Don't miss out on the chance to own this exceptional income-generating asset in the heart of Will

Property Highlights

Property Type: Commercial - Business
Year Built: 1890

General Information

County: Iowa
Listed By:
Lepic-Kroeger, REALTORS 319-351-8811 Lexi Belland Perez
ICAAR MLS
$340,000
Est. $2,160/mo
Active
SQUARE FEET5,321 MLS#202600267
STATUSActive PROPERTY TYPECommercial - Business

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Ruhl&Ruhl Realtors
563.441.1776

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306 W State Street, Williamsburg, IA 52361.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $340,000$340,000$340,000
Down Payment $68,000$11,900$85,000
Monthly Mortgage Amount $1,587$1,948$2,033
Taxes $473$473$473
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$150$0
Monthly Estimated Total $2,160$2,671$2,606

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About this area

Iowa/Williamsburg
Williamsburg

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Find homes for sale in Williamsburg, IA and learn about the local community and real estate market.

Once described as a jewel on the hand of Iowa County, Williamsburg, Iowa is located in the geographic center of the county. It is a town full of excitement, industry and history.

Ruhl&Ruhl Realtors has plenty of homes for sale in Williamsburg, IA for you to choose from. Continue browsing this page to see all houses for sale and real estate options in Williamsburg.

Williamsburg is located outside of Iowa City. View homes for sale in the Iowa City area for more real estate options.

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Nearest Ruhl&Ruhl Office
1075 Highway 1 West
Iowa City, IA 52246
Phone Number: (319) 339-8111

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