$385,000
$430,000
10.5%For more information regarding the value of a property, please contact us for a free consultation.
112 W Court Avenue Winterset, IA 50273
2,613 Sqft Lot
Key Details
Sold Price $385,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 682761
Sold Date 01/10/24
HOA Y/N No
Year Built 1906
Annual Tax Amount $6,544
Lot Size 2,613 Sqft
Acres 0.06
Property Description
**Seller will pay $5,000 towards closing costs** Discover a piece of history in this stunning mixed-use building that has been meticulously maintained. Located in beautiful downtown Winterset this property boasts an array of impressive features and many updates including: New Roof, HVAC, plumbing, electric, windows and flooring throughout.
The main floor is a modern commercial space, offering endless possibilities. Currently used as an art gallery/retail shop and charming little bistro restaurant. This cozy spot is perfect for intimate gatherings!! There is also a functioning freight elevator from the basement to the main level to make moving larger items easier. This main level could also be used as office space. The finished basement adds even more value! It features a new bar area, creating an enticing atmosphere for patrons. Additionally, there's a convenient pull in garage and an abundance of useable workspace.
Upstairs, a private oasis awaits. A fully equipped apartment with 2 bedrooms a bathroom, kitchen and laundry facilities offer the perfect Airbnb rental opportunity which is what the current owner has used it for. This upstairs unit also has its own private entrance. This separate apartment really does add a significant value and income potential.
Whether you're an investor seeking a reliable income stream from an Airbnb rental or a business owner looking for a convenient live-work set up, this property offers endless possibilities.
Location
State IA
County Madison
Area Winterset
Zoning Comm
Interior
Heating Natural Gas
Fireplace No
Exterior
Private Pool No
Building
Sewer Public Sewer
Water Public
Others
Tax ID 828000123070000
Monthly Total Fees $545
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Keller Williams Realty GDM