Ray McDevitt
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
Prime commercial investment opportunity in a high-visibility location with daily traffic counts exceeding 18,000 vehicles! This approximately 6,100-square-foot building features four office suites, offering excellent flexibility for investors and owner-occupants alike. Two suites are currently leased to long-term tenants, providing immediate rental income, while the remaining two suites offer additional income potential or the opportunity to establish your own business. Previously utilized as medical offices, the property offers handicap accessibility and ample parking, making it suitable for a variety of professional or commercial uses. The current parcel includes the building on the north side, with a survey to be completed prior to closing. The south-side building is also available for purchase and is occupied by a long-term tenant. Purchase one property or take advantage of the opportunity to acquire both buildings together as a package investment, creating even greater income potential. Seller financing is available, adding flexibility for qualified buyers. Don't miss this opportunity to invest in a high-exposure commercial property with established rental income and room for future growth!
Property Highlights
Property Type: Commercial - Office
Building Description: 1.0 stories
Year Built: 1975
General Information
County: Jefferson
Listed By:
Keller Williams Pinnacle - MTV
618-226-6447
MRED MLS
MLS ID: 12783635
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3307 Broadway Street, Mount Vernon, IL 62864.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $399,000 | $399,000 | $399,000 |
| Down Payment | $79,800 | $13,965 | $99,750 |
| Monthly Mortgage Amount | $2,070 | $2,541 | $2,566 |
| Taxes | $555 | $555 | $555 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $176 | $0 |
| Monthly Estimated Total | $2,741 | $3,388 | $3,237 |
About this area
Find homes for sale in Mount Vernon, Iowa, and learn about the local community and real estate market.
Mount Vernon is located in Linn County, Iowa. This vibrant town of 4,500 is a college community with – in the words of Budget Travel Magazine – “great coffee, food with character, and shop owners with purpose.” Cornell College, a liberal arts institution with 1,200 students, sits at the center of town. With parks, small businesses, and historical sites, Mount Vernon is a great place to call home.
Ruhl&Ruhl Realtors has homes for sale in Mount Vernon, IA for you to choose from. Continue browsing this page to see all houses for sale and real estate options in Mount Vernon, Iowa. Mount Vernon is located in the Cedar Rapids area, within Linn County, IA. For more real estate options, view homes for sale in the Cedar Rapid’s area.
See more houses for sale in the Cedar Rapids, IA area.
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Nearest Ruhl&Ruhl Office
5805 Council St. NE, Suite A
Cedar Rapids, IA 52402
Phone Number: (563) 441-1776
Ray McDevitt
REALTOR®
Office: (563) 441-5228
Cell: (563) 940-0754
Licensed in IA & IL
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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