405 Chestnut StreetAtlantic, IA 50022
ORIGINAL TOWN - ATLANTIC · Cass County
$99,900List price
2,517Sq Ft
1895Year built
0.08Acre lot
8 weeks agoOn market
Description
Investment opportunity in the heart of historic downtown Atlantic! This well-maintained commercial building is an excellent addition to any investment portfolio, featuring a long-term tenant with a strong lease in place for immediate rental income. Located in an attractive and vibrant downtown district there is street parking in the front and 2-3 private parking spaces in back. Current lease runs through September 30, 2029. New roof on the rear addition in September 2026.
Property Information
- Property type
- Commercial Sale
- Style
- Mixed Use
- Year built
- 1895
- Building area
- 2,517 Sq Ft
- Lot size
- 0.08 acres
- Lot dimensions
- 24.5x140
- Days on market
- 62
- MLS® Listing#
- 6341854
Property Features
- Cooling
- Central Air
- Heating
- Hot Water · Forced Air
- Parking
- Asphalt · On Street
- Construction
- Brick
- Roof
- Rubber
- Utilities
- Electricity Connected
- Sewer
- Public Sewer
- Water source
- Public
Financial Details
- Annual taxes
- $1,490Tax year 2024
- Parcel number
- 303004960001000
Directions
Downtown on Chestnut Street.
Listing Courtesy: Meyer & Gross Real Estate Co - 7122434100
Presented by: Melissa A Ihnen
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information provided courtesy of the Heart of Iowa MLS.
