For Sale
$875,000

403 Main St Belmond, IA 50421

12,168 SF renovated venue, seller financing.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 12,168 square foot property in Belmond, Iowa, presents a unique investment opportunity. Originally a convenience store and grocery market, this building, located at 403 E Main St, 50421, underwent a complete renovation in 2023. Now a fully functional event center, it boasts new HVAC, plumbing, and high-voltage electrical systems. The 24-foot ceilings create a spacious atmosphere, perfect for large gatherings. Two loading docks provide convenient access for equipment and supplies. The property is zoned commercial and sits on a single lot. The asking price is $875,000, or $71.91 per square foot. Seller financing is available with a 30% down payment, and the seller, retiring at the end of 2024, is willing to transfer existing contracts to the buyer. The sale includes the real estate; however, the existing sound system, lighting, and inventory are available for separate purchase. This turnkey operation is currently booked for events through summer 2024, making it an ideal investment for immediate income generation. Built in 1976, this property offers a blend of history and modern functionality, making it a truly unique and attractive investment.

Highlights

  • 12,168 SF fully renovated church/event center in Belmond, IA.
  • Seller financing available with 30% down payment.
  • Existing contracts transferrable to buyer; seller retiring end of 2024.
  • Features new HVAC, plumbing, and high-voltage electrical systems.
  • Sound, lighting, and inventory available for separate purchase.

Property Details for 403 Main St

Property type
Specialty properties, Churches & religious facilities
Square Feet
12,168 SF
Year Built/Renovated
1976/2023
Buildings
1

Location Insight

City
Belmond
County
Wright
State
Iowa
Latitude
42.8461573
Longitude
-93.6126788

FAQs

What type of property is this?
Specialty property - 12,168 SF renovated venue, seller financing.
Where is the specialty property located?
The property is located at 403 Main St Belmond, IA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 12,168 SF fully renovated church/event center in Belmond, IA.; Seller financing available with 30% down payment.; Existing contracts transferrable to buyer; seller retiring end of 2024.
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.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
403 Main St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message