For Sale
$199,999

600 Main St Leon, IA 50144

Five-unit building, fully occupied, excellent investment.

Overview

Added:
Feb 3
Days on market:
79
This exceptional investment opportunity presents a fully occupied, five-unit commercial building located at 600 S Main Street in Leon, Iowa. The property is legally configured as a five-family dwelling, indicating strong potential for consistent rental income. The structure itself is noted for its high-quality construction, suggesting durability and longevity. Given its current occupancy status, this property offers immediate cash flow for the new owner. Prospective buyers should be prepared to provide proof of funds, a pre-qualification letter, and execute a non-disclosure agreement prior to scheduling a showing. Due to the fully occupied nature of the building, a 72-hour notice is required for all showings, and the owner must be present. Direct communication with tenants regarding the potential sale is strictly prohibited. The property is offered at $199,999. This presents a rare opportunity to acquire a well-maintained, income-generating property in a stable market. Serious inquiries only. The lot size is not specified.

Property Details for 600 Main St

Property type
Commercial real estate
Year Built
1920

Location Insight

City
Leon
County
Decatur
State
Iowa
Latitude
40.73576
Longitude
-93.74742

FAQs

What type of property is this?
Commercial real estate - Five-unit building, fully occupied, excellent investment.
Where is the commercial real estate located?
The property is located at 600 Main St Leon, IA.
What is the asking price?
The asking price for this property is $199,999.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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600 Main St
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