Ryerson Realty LLC
Great Income Property!!!
Commercial properties for sale
NEW BUSINESS
Building for Lease
320 W BROADWAY EAGLE GROVE, IOWA
$695.00
Status: Active
Baths: 1
SQ FT 1,219
YR 1950
TYPE Brick 1 story
Remarks: The seller has freshly painted & put new flooring, a bathroom & a new breaker panel.
GREAT LAYOUT with access from 2 different roads.
#1 913 S Commercial Eagle Grove, IA
#2 1001 S Commercial Eagle Grove, IA
#1 126X2340 or.98 A
#2 1.28 Acres
$135,000.00
704-706 Central Ave Fort Dodge, IA
Here is your chance to own a piece of downtown Fort Dodge. This is a nice cash flow opportunity. The building is fully leased with long-term tenants. Upstairs has a 5-year lease starting January 2024. First 2 years at $1,750/month and next 3 years at $1,950/month. There are two tenants on the main floor in the salon/spa business. One tenant pays $1,000/month ending 3/31/25. The other tenant just started a 2-year lease at $2,000/month. Also plans to lease the basement area for $600/month. Tenants are responsible for electricity and gas. The owner pays water, some electricity, taxes, and insurance. With current income not including basement property brings in $57,000/year. Approximate yearly expenses are $15,784: $4,800 for utilities, $8,296 for taxes, and $2,688 for insurance. NOI is $41,216. Cap rate 9.01. New roof 2020.