102 E Main St - Office FOR SALE


Washington, IA 52353
$700,000 USD
319-331-6187
102 E Main St, Washington, IA for Sale
$700,000 USD
Office - FOR SALE
1/16
null | Request Cap Rate

102 E Main St
Washington, IA 52353


OVERVIEW

This is a historic office building (without the historic designation) with five stories, originally constructed in 1912. It is located on the northeast corner of Washington Square, which is at the heart of Washington Iowa's retail, financial, and public gathering area, seeing 1,020 cars per day. The building spans a total of 16,768 square feet, with the first and second floors being larger at 4,028 square feet each, while the upper three floors measure 2,754 square feet. The entire building from ground floor up, is accessible by elevator. Currently, the first floor serves as a mix of retail and office space, while the upper floors are used exclusively for offices. In the past, the top three floors were utilized as apartments, but they are currently leased out on a short-term basis. Additionally, parts of the first and second floors are also leased on a short-term basis.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$43 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

102 E Main St

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

C

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,772 SF

ZONING

-

APN/PARCEL ID

11-17-333-022

ASK ABOUT THIS PROPERTY

Jeff EdbergLepic-Kroeger, RealtorsMore Info
319-331-6187

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Jeff EdbergLepic-Kroeger, RealtorsMore Info
319-331-6187

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.