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809 Ave G Fort Madison, IA 52627 Commercial - Investment

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Description

Historic Downtown Victorian with Commercial and Residential Potential! Discover timeless character and incredible versatility in this beautiful downtown Victorian property. The main level features an original storefront, large display windows, and a vintage tin ceiling that adds warmth and historic charm. Its spacious, flexible layout is well suited for a boutique, café, restaurant, art studio, event space, or other commercial venture. A generous rear area provides ample storage, and two half bathrooms offer convenience for customers and staff. The upper level includes a private three-bedroom, two-bath apartment with access from both the front and rear of the building. The inviting living space features an eat-in kitchen with custom wood cabinetry, two full bathrooms with beautiful vintage clawfoot tubs, and a laundry room with washer and dryer hookups. Step outside onto the new deck/balcony?an ideal spot to relax with your morning coffee or unwind in the evening. Currently rented for $900 a month. A two-car garage provides a rare and valuable downtown amenity. Conveniently located in the heart of downtown with excellent visibility, this property offers the opportunity to live and work under one roof or lease both levels for added income potential. The apartment is currently occupied by a dependable long-term tenant. Please allow at least 24 hours' notice for showings. Photos AI enhanced to remove personal belongings.

Property Highlights

Property Type: Commercial - Investment
Year Built: 1900

General Information

County: Lee
Listed By:
Century 21/Property Professionals 319-753-6000
No Coast MLS
$147,900
Est. $1,044/mo
New to the Market Active
MLS#6341480
STATUS PROPERTY TYPECommercial - Investment

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Ruhl&Ruhl Realtors
563.441.1776

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809 Ave G, Fort Madison, IA 52627.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $147,900$147,900$147,900
Down Payment $29,580$5,177$36,975
Monthly Mortgage Amount $738$906$921
Taxes $206$206$206
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$65$0
Monthly Estimated Total $1,044$1,277$1,227

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About this area

Iowa/Fort Madison
Fort Madison

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Find homes for sale in Fort Madison, Iowa and learn about the local community and real estate market.

History and beauty combine for a breathtaking view of the Mississippi River. Fort Madison, with a population of over 11,000, is located along the Mississippi River in the southeastern corner of Iowa. Situated between bluffs along one of the widest portions of the Mississippi River, Fort Madison shares the Lee County Seat with Keokuk, which makes it the only county in Iowa with two seats of government. Continue browsing this page to see all houses for sale in Fort Madison, IA and if you need to do a little more research before buying, check out the information on this page.

Fort Madison is located southwest of Burlington. View homes for sale in the Burlington, Iowa area for more real estate options.

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Nearest Ruhl&Ruhl Office
403 S. Gear Avenue, Suite 105
West Burlington, IA 52655
Phone Number: (563) 441-1776

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