307 8th Street SW, Altoona, IA 50009

$1,400,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Property Description

Fully leased and income-producing commercial property in a prominent Altoona location! All four spaces at 307 8th St SW are currently leased. The building fronts 8th Street, across from Hy-Vee and near Walgreens. According to the Polk County Assessor, this multi-tenant building offers 6,320 sq ft of ground-floor space plus a 480 sq ft finished basement. The main parcel is approximately 0.688 acres and zoned C-2 General Commercial; an adjoining parcel is also included in the sale. The roof and front facade are approximately 3 years old, and new front exterior lights were just installed. With four leased spaces, a visible location and two parcels included, this is an opportunity to add a commercial asset to your portfolio. Buyer to verify lease terms, income, square footage, zoning, permitted uses and parcel boundaries.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Pennie Carroll & Associates.

Data courtesy of the Des Moines Area Association of REALTORS