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747 Central Avenue Northwood, IA 50459 Commercial - Retail

  • 747 Central Avenue, Northwood, IA 50459 Main Photo

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Description

This stunning 1890 building with Sandstone accents located in the absolute heart of downtown Northwood. Opportunities like this rarely come available in such a prime, high-visibility location. Currently operating as a retail shop, the main level offers beautiful historic character blended with modern updates. The back portion of the building features a newer full kitchen, opening the door to endless possibilities for future use- retail, café, bakery, event space, studio, office space, mixed-use investment, and more. The upper level offers an incredible opportunity for expansion and income potential, with space for two apartments, lofts, or live/workspace. Whether you're an investor, entrepreneur, or someone dreaming of owning a landmark downtown property, this building is packed with potential. Many important improvements have already been completed. Historic charm, unbeatable downtown presence, income potential, and flexible space all come together in this one- property!

Property Highlights

Property Type: Commercial - Retail
Year Built: 1890

General Information

County: Worth
Listed By:
Century 21 Preferred 641-424-9400
No Coast MLS
$120,000
Est. $850/mo
Active
MLS#6338376
STATUS PROPERTY TYPECommercial - Retail

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Ruhl&Ruhl Realtors
563.441.1776

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747 Central Avenue, Northwood, IA 50459.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $120,000$120,000$120,000
Down Payment $24,000$4,200$30,000
Monthly Mortgage Amount $583$725$741
Taxes $167$167$167
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$53$0
Monthly Estimated Total $850$1,045$1,008

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