405 Park PlAudubon, IA 50025

Property Details for 405 Park Pl

Year built

1906

Lot size

0.08 AC

Property size (Sq ft)

1,500 SF

Property type

Retail space

APN

05-05-21-310-188

APU

50521310188

Description

This exceptional brick building, situated on a 0.08-acre lot at 405 S Park Place in Audubon, Iowa, presents a compelling investment opportunity. Ideally located directly across from the city square, this property offers unparalleled visibility and accessibility. The building currently houses two separate office spaces, each providing a distinct and functional area for individual businesses. Each office is currently leased, generating immediate rental income for the new owner. The main floor also includes two half-bathrooms and shared storage space, catering to the needs of multiple tenants. The building's prime location makes it suitable for a variety of uses, including office space, retail ventures, or other commercial applications. The existing leases provide a stable income stream, while the strategic location offers significant potential for future growth and increased rental income through lease renegotiation or occupancy by the new owner. This property represents a rare chance to acquire a well-positioned commercial building in a thriving downtown area. The solid brick construction ensures durability and longevity, making it a sound investment for the discerning buyer. The existing tenants and their leases provide a strong foundation for immediate return on investment, while the prime location offers significant upside potential for future growth and profitability. This is a turnkey opportunity for an investor seeking a stable, income-producing asset in a desirable location.

Location Insight

City

Audubon

County

Audubon

State

Iowa

Latitude

41.7207

Longitude

-94.9306

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

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 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 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].