MLS ID #: NBR20231038

114 E Elm St, West Union, IA 52175

MLS ID #:
NBR20231038

Property Address:
114 E Elm St
West Union, IA 52175

County:
Fayette

Region:
Outside the Metro Area

Location:
Downtown

Miles to Highway:
Hwy 18

Year Built:
1883

Property Type:
Commercial Sale

Sub-Type:
Office/Retail

Subdivision Name:
None

Land Use:
Office, Retail, Other

Building Description:
2 Story, Basement

Date Listed:
March 22nd, 2023

Status:
Active

Price:
$44,000.00

Ownership:
Individual

Possession:
Closing

Gross Taxes:
$1,831.00

Tax Year:
2021

Tax Incentives:
In City Limit

Multi-Tenant:
Yes

Tenant Responsible:
N/A

Finance Type:
Cash Convention

Sale/Rent:
For Sale

For Lease:
No

Terms/Lease:
N/A

Sale/Lease Type:
Normal Sale

For Sale:
Yes

Docs on File:
None Available

Zoning:
C2

Restrict/Easements:
Unknown

Legal Desc:
E 1/2 Lot 5 Blk 13 W.U. Addition

Off-Street Parking:
0.00

Sprinkler:
No

Total Building Sq Ft:
2,750 sq ft

Office SqFt:
1,375 sq ft

Retail SqFt:
1,375 sq ft

Lot Sq Footage:
3,250

Acres:
0.08

Frontage/Access:
City Street

Construction:
Brick

Roof Type:
Flat

Floor Construction:
Wood

Insulation:
None

Common Area:
No

Utilities Available:
Electricity Available, Gas, Water Available, Sewer Available

Sewer Type:
City Sewer

Flood Insurance:
No

Remarks: Here is a clean slate in a historic building in charming downtown West Union, Iowa. This two-story structure with a full basement has been gutted and is ready for the next owner to come along and finish it just how they envision. Located directly across from the Fayette County Courthouse, this property could be very successful as a number of businesses. The main floor is 1,375 sqft and could be amazing retail spot, professional office space, bakery, hair salon, photography studio, specialty store, yoga studio, massage business... there are truly endless possibilities when the space is wide open. The second story, also 1,375 sqft, was once a large apartment and has its own separate entrance. Finishing it into an apartment again would give you additional income in a market where people are always looking for nice apartments to rent. If you want your own space in a great location, this building could be a fun project and a great investment.
Realtor/Equal Housing Lender Listing provided courtesy of Koch Real Estate.
Listing Agent: Emily Koch
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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