For Sale
$560,000

214 4Th St Burlington, IA 52601

High-yield, 9-unit office complex.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional three-story mixed-use building, located at 214 N. 4th St, Burlington, IA 52601, presents a compelling investment opportunity. Boasting 32,550 square feet on a 10,825 square foot lot, this property offers nine units currently operating at 75% occupancy. The building, constructed in 1870, is zoned for commercial use and features a blend of medical and traditional office spaces, providing diverse income streams. The property's prime downtown location in Des Moines County offers excellent visibility and accessibility. The asking price is $560,000. This full-ownership opportunity allows for immediate income generation and potential for future appreciation. The property's solid construction and established tenant base make it an attractive investment for both seasoned and new investors seeking a stable, high-return asset in a thriving urban center. The APN is 16-05-234-006. This is a rare chance to acquire a significant piece of Burlington's commercial real estate landscape.

Property Details for 214 4Th St

Property type
Office properties, Medical offices
Square Feet
32,550 SF
Year Built
1870
Buildings
1
Stories
3
Units
9

Location Insight

City
Burlington
County
Des Moines
State
Iowa
Latitude
40.809640222535
Longitude
-91.103916301466

FAQs

What type of property is this?
Office property - High-yield, 9-unit office complex.
Where is the office property located?
The property is located at 214 4Th St Burlington, IA.
What is the asking price?
The asking price for this property is $560,000.
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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214 4Th St
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