317 High Ave Oskaloosa, IA 52577

This exceptional investment opportunity presents two commercial buildings situated just two blocks east of Oskaloosa's downtown square at 317 and 313 High Avenue East. The property encompasses a combined total of 0.11 acres. The main building, located at 317 High Avenue East, is currently occupied by TD&T accounting firm under a lease that transfers to the new owner, guaranteeing a minimum three-year tenancy. The second building, at 313 High Avenue East, offers 2,400 square feet (20ft x 120ft) of vacant, office-ready space, immediately available for lease. This building is already divided into individual offices, making it turnkey for a new tenant. Adding to the investment potential, the second building also features three one-bedroom apartments on the second floor. These apartments require some minor renovations before being ready for rental occupancy. Conveniently located, the property includes a single-car attached garage at the rear of the 313 High Avenue East building. Ample on-street parking is readily available directly in front of both buildings. This combined property offers a unique blend of immediate income generation and significant future rental income potential, making it an attractive investment opportunity in a desirable location. The asking price for this combined property is $475,000.