For Sale
$92,000

1200 Central Ave Burlington, IA 52601

Multi-unit building, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
133
This Burlington, IA commercial property at 1200 S Central Ave offers a unique investment opportunity. The 1,895 square foot building, situated on a 5,090 square foot lot (APN 16-08-209-001), is zoned for commercial use and features two units, currently boasting 100% occupancy. Built in 1915 and extensively renovated in 2013, the property includes recent updates such as a new roof, furnace, and central air conditioning (within the last year), along with previously updated windows, a 200 AMP service, and plumbing (within the last 10 years). One unit is a 1-bedroom rental currently leased at $600 per month, providing additional income. The asking price is $92,000 ($48.55/sq ft and $46,000/unit). The property's versatility allows for diverse uses, including retail, office, or salon space. This is a full ownership opportunity with significant potential for return on investment. The property is for sale by owner.

Highlights

  • 1,895 SF building on a 5,090 SF lot in Burlington, IA (APN 16-08-209-001).
  • Two units, currently 100% occupied, generating $600/month in rental income from one unit.
  • Recently renovated (2013), with recent updates including roof, furnace, and AC.
  • Zoned commercial; suitable for retail, office, or salon use.
  • Asking price: $92,000 ($48.55/SF, $46,000/unit).

Property Details for 1200 Central Ave

Property type
Specialty properties
Square Feet
1,895 SF
Year Built/Renovated
1915/2013
Buildings
1
Stories
1
Units
2

Location Insight

City
Burlington
County
Des Moines
State
Iowa
Latitude
40.79577397159
Longitude
-91.109577993243

FAQs

What type of property is this?
Specialty property - Multi-unit building, high occupancy.
Where is the specialty property located?
The property is located at 1200 Central Ave Burlington, IA.
What is the asking price?
The asking price for this property is $92,000.
What are key features of this property?
This property features: 1,895 SF building on a 5,090 SF lot in Burlington, IA (APN 16-08-209-001).; Two units, currently 100% occupied, generating $600/month in rental income from one unit.; Recently renovated (2013), with recent updates including roof, furnace, and AC.
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].
1200 Central Ave
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