For Sale
$64,000

405 Park Pl Audubon, IA 50025

Prime Audubon location, 1500 sq ft, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
134
This 1,500 square foot, single-story commercial building at 405 S. Park Pl, Audubon, IA 50025, is a fantastic investment opportunity. Built in 1973, this Class C, traditional office building sits on a 3,500 square foot lot and is currently 100% occupied with multiple tenants under a modified lease agreement. The property features two individual office spaces, each ideal for separate businesses, along with two half baths and shared storage. Located directly across from the city square in Audubon County, this prime location offers excellent visibility and accessibility. The brick building presents a unique opportunity for owner-users or investors seeking a stable income stream. The existing tenants provide immediate cash flow, with the option for new owners to renegotiate leases or take possession upon purchase. The permitted zoning is commercial, allowing for flexibility in future uses, including retail possibilities. This is a rare chance to acquire a well-located, income-producing property in a thriving community.

Highlights

  • 1,500 SF single-story commercial building on a 3,500 SF lot in Audubon, IA.
  • Class C building, built in 1973, currently 100% occupied with multiple tenants under a modified lease.
  • Features two individual office spaces, two half baths, and shared storage.
  • Prime location across from the city square, offering excellent visibility and accessibility.
  • Commercial zoning allows for flexible future uses, including retail.

Property Details for 405 Park Pl

Property type
Office properties
Square Feet
1,500 SF
Class
C
Year Built
1973
Buildings
1
Stories
1

Location Insight

City
Audubon
County
Audubon
State
Iowa
Latitude
41.7207778
Longitude
-94.9307009

FAQs

What type of property is this?
Office property - Prime Audubon location, 1500 sq ft, 100% occupied.
Where is the office property located?
The property is located at 405 Park Pl Audubon, IA.
What is the asking price?
The asking price for this property is $64,000.
What are key features of this property?
This property features: 1,500 SF single-story commercial building on a 3,500 SF lot in Audubon, IA.; Class C building, built in 1973, currently 100% occupied with multiple tenants under a modified lease.; Features two individual office spaces, two half baths, and shared storage.
How can I contact the broker?
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405 Park Pl
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