For Sale
$390,000

437 7Th St Wapello, IA 52653

Prime Wapello location, strong lease income, versatile building.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a 3,200 sq. ft. building situated on a sizable lot in Wapello, Iowa, at 437 S 7TH Street, zip code 52653. Constructed in 1978, the property boasts high visibility from Highway 61, ensuring excellent exposure for any business. Currently operating as an office building, the property commands a strong monthly lease of $4,572, secured until December 2026, providing a stable and substantial income stream. The asking price is $390,000. Ample parking is available on-site. Beyond its current use, the building's adaptable layout presents a multitude of possibilities. Potential uses include, but are not limited to, a church, daycare center, school, dance studio, retail space, community center, or even a restaurant/bar with appropriate modifications. This property offers a rare blend of immediate income generation and significant long-term potential, making it an ideal investment for discerning buyers. The property is located in Louisa County, Iowa.

Highlights

  • 3,200 sq. ft. building on a large lot at 437 S 7TH Street, Wapello, IA 52653.
  • High visibility from Highway 61.
  • $4,572 monthly lease income secured through December 2026.
  • Asking price: $390,000.
  • Ample on-site parking.
  • Versatile layout suitable for various uses, including office, retail, or community uses.

Property Details for 437 7Th St

Property type
Office properties, Land
Year Built
1978
Buildings
1

Location Insight

City
Wapello
County
Louisa
State
Iowa
Latitude
41.173365
Longitude
-91.1885079

FAQs

What type of property is this?
Office property - Prime Wapello location, strong lease income, versatile building.
Where is the office property located?
The property is located at 437 7Th St Wapello, IA.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: 3,200 sq. ft. building on a large lot at 437 S 7TH Street, Wapello, IA 52653.; High visibility from Highway 61.; $4,572 monthly lease income secured through December 2026.
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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437 7Th St
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