Tina Perry
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Exceptional income-producing commercial plaza offering a rare investment opportunity with strong cash flow and long-term growth potential. This well-maintained property is currently operating near full occupancy, with 8 established tenant spaces leased under varying lease terms, providing immediate and diversified rental income. The plaza features a strong tenant mix and consistent occupancy history, making it an attractive addition to any investment portfolio. In addition to the occupied units, 3 smaller commercial suites are currently available for lease, presenting an excellent opportunity for increased revenue and future value enhancement. Property Highlights: ? High-occupancy commercial investment property ? 8 leased units generating steady income ? 3 available suites offering upside potential ? Diverse tenant base with staggered lease expirations ? Strong rental history and established business location ? Excellent visibility and accessibility ? Ample parking for tenants and customers ? Attractive return on investment with future income growth opportunities Whether you're seeking a stable cash-flowing asset or a property with additional leasing upside, this commercial plaza delivers both immediate returns and long-term investment potential. Contact us today for financial information, lease details, and a private tour.
Property Highlights
Property Type: Commercial - Retail
Year Built: 2003
General Information
County: Kossuth
Listed By:
EXIT Realty Home/Land Properties
515-295-7577
No Coast MLS
MLS ID: 6339808
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1914 E Hwy 18, Algona, IA 50511.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $895,000 | $895,000 | $895,000 |
| Down Payment | $179,000 | $31,325 | $223,750 |
| Monthly Mortgage Amount | $4,293 | $5,340 | $5,529 |
| Taxes | $1246 | $1246 | $1246 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $537 | $0 |
| Monthly Estimated Total | $5,800 | $7,384 | $7,036 |
Tina Perry
REALTOR®
Office: (563) 583-4550
Cell: (563) 590-1339
Licensed in IA
Dubuque Office
600 Star Brewery Drive
Suite 300
Dubuque, IA 52001
(563) 583-4550
Suite 300
Dubuque, IA 52001
(563) 583-4550
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Listings courtesy of No Coast MLS as distributed by MLS GRID.
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