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Ernest Abell

ernieabell.realty@hotmail.com +1(641) 414-3893

Listed by Wanda Hosfield South Central Iowa Realty

$ 999,500

Est. payment | -/mo

17,000 SqFt

Save

$ 999,500

Est. payment | -/mo

Save

17,000 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 17,000 sqft

Price per Sqft $58

MLS Listing ID NOC6343602

Style Mixed Use

Construction Status Previously Owned

Year Built 1993

Annual Tax Amount $22,620

Tax Year 2025

Lot Size 2.250 Acres

Acres 2.25

Lot Dimensions 2.25 acres

Property Description

12-Unit apartment complex, office, and retail space, all available on over 2 acres of prime commercial Mount Ayr, Iowa, real estate. Current office/retail space is home to a clinic who leases private space along with shared common area - more space available for new lease contracts. The complex had a new roof the summer of 2023 and each apartment unit was remodeled/updated in 2021/2022! Nine of the apartment units have on site garage parking and complex offers a central space for small gatherings or socializing for tenants only. It's a great location right on Highways 2 & 169 and across from our new Casey's General Store!! Owners will release current income figures and potential income from space not rented to motivated buyers with offer ready and proof of financing or cash. It's a prime development property with highway frontage begging for new construction for additional income opportunities or management living quarters! Located just a mile north of Mount Ayr Industrial Park, Country Club and American Legion - a brief walk to the Mount Ayr Airport and Mount Ayr Inn when your have overnight visitors! It's an unmatched opportunity in Southern Iowa!

Location

State IA

County Ringgold

Direction Intersection of Highway 2 and Highway 169 north.

Rooms

Other Rooms Amusement/Party Room, Community Room, Sun Room

Interior

Heating Forced Air

Cooling Central Air

Flooring Carpet, Tile, Vinyl

Appliance Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer

Exterior

Parking Features Attached, Detached Garage, Outside, Concrete, Paved

Garage Spaces 8.0

Utilities Available Electric Separate, Heating Separate, Hot Water Separate

View Y/N true

Accessibility None

Total Parking Spaces 12

Building

Sewer City Sewer/Connected

Water Public

Architectural Style Mixed Use

Structure Type Brick,Metal Siding

Construction Status Previously Owned

Schools

School District 4527 - Mount Ayr

Others

Energy Description Natural Gas

Acceptable Financing NOC6343602

Listing Terms NOC6343602

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(641) 414-3893

ernieabell.realty@hotmail.com

Learn More About LPT Realty

1201 E South ST Mount Ayr, IA 50854-5702