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306 West State Street, Williamsburg, IA 52361
- $399,900
- Year Built: 1890
- Commercial
- Listing #202404193
Explore this exceptional income-producing investment opportunity in the heart of the vibrant community of Williamsburg. Boasting over 5,300 square feet of space and strategically located on a corner lot in the bustling downtown district, this property offers immense potential for entrepreneurs and investors alike. EXTENSIVELY renovated in 2022, this property has been updated to offer a modern and accommodating environment for businesses and tenants. Currently, the property features four leased spaces for businesses, two garages rented for storage, and a FULLY FURNISHED apartment utilized as an Airbnb. The apartment includes two bedrooms, a full bathroom with stand-up shower, and essential appliances, including a stackable washer and dryer that were newly installed in 2023. This cozy living space provides a comfortable and convenient retreat for guests, making it a sought-after choice for short-term rentals. With its diverse income streams, prime location, and recent renovations, this property represents a compelling investment opportunity. Whether you are looking to expand your portfolio, generate passive income, or capitalize on the thriving local market, this property is a must-see that promises both versatility and profitability. Don't miss out on the chance to own this exceptional income-generating asset in the heart of Williamsburg's dynamic downtown district.
Price | $399,900 |
---|---|
Year Built | 1890 |
Property Type | Commercial |
Listing # | 202404193 |
Status | Active |
County | Iowa |
Listing Type | For Sale |
Property Taxes (Annual) | $6,296 |
Floors | Carpet, Vinyl |
---|---|
Heating and Cooling | HeatPump, Steam, CentralAir, WallUnits, Other |
Exterior | Other |
---|---|
Roof | Composition |
Lot Size | 0.29 acres |
MLS Area | SWQuadrant |
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Courtesy of Lexi Belland Perez, Lepic-Kroeger, REALTORS319-530-1055
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Estimated taxes and insurance are not included. Sales price from MLS. Mortgage calculator source: NextHome, Inc.