143 Main StOsceola, IA 50213

For Sale
$204,000

Two income-producing retail buildings.

Overview

Added:
Feb 3
Days on market:
37
This exceptional investment opportunity presents two established retail properties in Osceola, Iowa, generating a combined monthly income of $1,950. The portfolio comprises two buildings: 416 E Washington St, a well-maintained floral shop with a five-year lease in place, situated on the east side of the Osceola square, offering convenient rear and public parking. Annual property taxes for this location are $744. The second property, 113 E Jefferson St, houses a beauty shop and a small office, both operating under month-to-month leases. This presents a flexible opportunity for future income growth and tenant diversification. The combined properties sit on a 0.12-acre lot, providing ample space for the existing businesses. The current tenants are long-term, ensuring a stable income stream for the investor. This is a turnkey investment, ideal for those seeking immediate cash flow and long-term appreciation potential in a desirable location. The asking price for this exceptional portfolio is $204,000, offering a compelling return on investment. This is a rare opportunity to acquire a well-established, income-generating retail portfolio in a thriving Iowa community. Don't miss out on this chance to secure a profitable addition to your investment portfolio.

Property Details for 143 Main St

Property type
Retail properties, Other retail properties
Lot Size (sq. ft)
5,227 SF

Location Insight

City
Osceola
County
Clarke
State
Iowa
Latitude
41.03367
Longitude
-93.76532
143 Main St, Osceola, Iowa

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143 Main St
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