719 Central AveHampton, IA 50441

  • Retail space
  • 7,376 SF
For Sale
$660,000 View listing

Property Details for 719 Central Ave

Year built
1940
Lot size
0.19 AC
Property size (Sq ft)
7,376 SF
Property type
Retail space
APN
73313800300
APU
73313800300

Description

This expansive 7,376 square foot commercial property in Hampton, Iowa presents a remarkable investment opportunity. Strategically located at 719 Central Avenue Unit 721, this property boasts a highly visible location within the city. Currently, one-third of the building is successfully operated as a profitable liquor store, generating immediate revenue for the new owner. This established business provides a stable income stream while the remaining two-thirds of the building sits vacant, ripe for development. The substantial vacant space offers incredible flexibility for expansion of the existing business, the addition of a complementary enterprise, or even leasing to a separate tenant. The 0.19-acre lot provides ample space for potential outdoor uses. The seller is offering flexible terms to qualified buyers, making this an attractive proposition for various investment strategies. Furthermore, a lease option is available, providing an alternative pathway to ownership. This property is ideal for entrepreneurs seeking to establish a new venture, expand an existing business, or capitalize on a strong income-producing asset in a thriving Iowa community. The combination of existing income and significant expansion potential makes this a truly unique opportunity.

Location Insight

City
Hampton
County
Franklin
State
Iowa
Latitude
42.742
Longitude
-93.217

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,428
$15,500
$153,800
$169,300
-
$15,500
$153,800
$169,300

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