222 2Nd St Eldridge, IA 52748

This exceptional investment opportunity presents a prime commercial property located at 222 N 2nd Street, Eldridge, IA 52748. Built in 1873, this single-level building offers 4 separate commercial units, each boasting its own half-bath and independent access points with convenient curbside access. Currently generating substantial income with four thriving businesses as tenants: a barbershop, a dog grooming facility, a nutrition vendor, and a chiropractic office. The leases provide instant income, with a combined monthly gross rent of $2,900 ($925, $750, $650, and $575 per unit). The current lease agreement expires in March 2025. The property is offered at an asking price of $325,000. Landlord responsibilities include sewer and trash services, while tenants are responsible for all other utilities. This property presents a rare chance to acquire a well-established, multi-tenant commercial building in a desirable location with a strong rental history. The property's location in Eldridge, Iowa, offers easy access to major transportation routes and a thriving local community. This is an ideal investment for those seeking a stable, income-generating asset with significant potential for future growth. The property is classified as Land, Retail, and Office. The building's age and character add to its unique appeal. This is a turnkey operation ready for a new owner to step in and continue the success.