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$ 119,000
Est. payment /mo
New
105 S Cherry St Letts, IA 52754
1,875 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202604393
Year Built 1900
Annual Tax Amount $471
Tax Year 2024
Lot Size 1,875 Sqft
Acres 0.04
Lot Dimensions 25x75
Property Sub-Type Commercial
Property Description
Welcome to an exceptional investment opportunity in the charming town of Letts, IA! This unique property is located on a prominent corner lot, effortlessly blending commercial and residential potential. One of its standout features is a secured 5-year agreement with the United States Postal Service, providing stability and reliable revenue. The building offers separate entrances for each unit, ensuring privacy and convenience for occupants. Whether you're looking to expand your portfolio or establish your business on prime real estate, this property caters to diverse needs. Each tenant covers their own utilities, minimizing overhead costs and enhancing net returns. Positioned in the heart of Letts, this property benefits from high visibility and foot traffic while maintaining a tranquil small-town vibe.
Location
State IA
County Louisa
Zoning C & R
Direction off of Main Street on the corner
Interior
Heating Natural Gas, Forced Air
Cooling Central Air
Flooring Vinyl
Exterior
Utilities Available Electricity Available, Phone Available, City Water
Roof Type Other
Building
Lot Size Range Less Than Half Acre
Structure Type Brick
Others
Tax ID 0406227001
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Attain RE