129 S Vine Street, West Union, IA 52175
109 W. Main Street, Ossian, IA 52161
Bushman Ins. & Real Estate Office: (563) 532-9207
Email: agency@bushmaninsurance.com
Website: www.bushmanagency.com
MLS ID #:
20193638
Property Address:
129 S Vine Street
West Union, IA 52175
West Union, IA 52175
County:
Fayette
Region:
Outside the Metro Area
Location:
Downtown
Miles to Airport:
2
Miles to Highway:
Highway 18 & 150
Year Built:
1896
Property Type:
Commercial
Sub-Type:
Office
Building Description:
Multi-Tenant, 2 Story
Insulation:
Side Walls, Floors, Sound
Date Listed:
July 12th, 2019
Status:
Active
Price:
$225,000.00
Ownership:
Joint Tenant
Possession:
At Closing
Gross Taxes:
2372.00
Tax Year:
2019
Gross Op Income:
$30,000.00 Projected
Net Op Income:
$25,000.00 Projected
Gross Op Expense:
$5,000.00 Projected
Multi-Tenant:
Yes
Tenant Pays:
Gas, Electric, Heating, Cooling
Possible Financing:
Cash Convention
Sale/Lease Type:
Normal Sale
For Sale:
Yes
Ivestment:
Yes
Avail at List Office:
Aerial Photo
Zoning:
C-2
Potential Use:
Office
Legal Desc:
LOT 12, BLOCK 13, WEST UNION, FAYETTE COUNTY, IOWA.
Amenities:
Cable, Computer Cabling
Included:
Land, Building
Total Avail Sq Ft:
8,250 sq ft
Total Building Sq Ft:
8,250 sq ft
Warehouse SqFt:
2,250 sq ft
Office SqFt:
4,700 sq ft
Lot Sq Footage:
50' x 190'
Acres:
0.2200
Misc:
Close to Shopping, Public Transportation
Frontage/Access:
Inside Lot, City Street
Exterior:
Brick, Steel, Vinyl
Roof Construction:
Membrane
Wall Construction:
Frame, Brick, Block
Floor Construction:
Wood, Carpeted, Concrete
Utilities Available:
Electric, Gas, Water, Sewer, Phone
Sewer Type:
City Sewer
Heating:
Forced Air, Gas, Electric
Cooling:
Central, Individual Units
Remarks: This office building has 4,700 sq.ft. of office space on the first floor with 4,000 sq.ft. of off street parking in rear. It can be used as 2 businesses, one with Vine Street entrance and one with rear entrance from the alley. There is 3,550 sq.ft. in the front office area and 1,150 sq.ft. in the rear office area. The front office has a lobby and reception area, 7 private offices, conference room, computer/server room, break room with sink and counter, and 2 restrooms. The rear office has 2 offices, conference/meeting room, break room/kitchen with sink, counter, small refrigerator and microwave, mechanical room and restroom. There is easy access between the businesses and could be used as one. The second story contains a remodeled 1 bedroom apartment with front and rear access with deck and fire escape. It has approximately 800 sq.ft. of living area and includes a living room, bedroom, bathroom, kitchen and laundry room. The refrigerator, stove, washer and dryer are included. The apartment is currently rented for $500 per month. The remainder of the 2nd story is gutted and unfinished with original ceiling. This has approximately 2,250 sq.ft. of storage area or potential to finish into more apartments. The front office area and apartment were remodeled around 2005. This remodeling included totally gutting the building and replacing with new sheet rock, tile, flooring, electrical, plumbing and heating. The rear office area was added in 1999 and interior finished in 2016. The office spaces are currently vacant. The front office was occupied by a counseling service and the rear office was occupied by the high school and used as classrooms for the alternative school.
Listing provided courtesy of Northeast Iowa Appraisal & RE.Listing Agent: Jay Jensen
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.
