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735 Main Street Anita, IA 50020 Commercial - Investment

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  • 735 Main Street, Anita, IA 50020 Main Photo

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Description

INVESTORS-THIS ONE DESERVES YOUR ATTENTION! Located on Main St in Anita, this unique commercial property offers an income-producing storage business with additional space and significant potential for future development. The lower level has been transformed into climate-controlled storage, featuring 51 individual storage units ranging in size from approximately 3x9 up to 9x10. All storage units were installed by the current owner since 2024, creating a modern, well-planned storage operation. Tenants enjoy 24-hour key-fob access, adding convenience to an income-producing business. Since 2024, the property has seen two new commercial HVAC units installed, new electrical, security cameras, and tuck-pointing completed on all sides of the building. These improvements provide added value/peace of mind for the next owner. The upper level offers a unique opportunity to unlock even more potential. Formerly a Masonic Lodge, this expansive space includes two rooms that could easily be converted into apartments, a large common area that was once used as a ballroom, a spacious dining area, and a smaller area that previously served as a kitchen. The possibilities are plentiful, additional rental units, event space, office space, or another creative use could provide multiple avenues for future income and appreciation. Income-producing storage + a substantial upper level with redevelopment potential = an investment with options. The groundwork has been laid. Now bring your vision.

Property Highlights

Property Type: Commercial - Investment
Year Built: 1895

General Information

County: Cass
Subdivision: ORIGINAL TOWN - ANITA 700
Listed By:
Atlantic Home Realty 712-243-1300
No Coast MLS
$215,000
Est. $1,486/mo
New to the Market Active
MLS#6342221
STATUS PROPERTY TYPECommercial - Investment SUBDIVISIONORIGINAL TOWN - ANITA 700

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Ruhl&Ruhl Realtors

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735 Main Street, Anita, IA 50020.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $215,000$215,000$215,000
Down Payment $43,000$7,525$53,750
Monthly Mortgage Amount $1,087$1,334$1,350
Taxes $299$299$299
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$95$0
Monthly Estimated Total $1,486$1,828$1,749

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