Terry Herbst - Coldwell Banker River Valley, REALTORS
215 East Charles
Oelwein, IA 50662

Description

Great income opportunity. Multi-use property currently houses a beauty shop, a barber shop and a one bedroom apartment. Located close to library and downtown Oelwein. Beauty shop equipment is included: 3 washing stations, 5 dryers and other beauty equipment. Owner currently receives portion of beauty shop proceeds. Barber shop currently brings in $250 per month rent. Apartment is currently rented at $450 per month. Updates include hot water furnace, water heater, electrical service, attic insulation and 2nd story windows. Zoned commercial. Possibilities are endless. Call today to take a tour.

Details

MLS#20183365
StyleIndustrial
Sub-TypeResale
StatusActive
Year1906
Days On Site172

Features

SQ Feet1,839
Story(s)2
ZoningC-1

Loading Form

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Attachments

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Area Information

StateIA
CountyFayette
CityOelwein
Zip Code50662
AreaFayette
Listing VS Median (in 50662)
Price:
$99,500
low | high
Med:
$65,000
84.673366834171% of Average
SqFt:
1,839
low | high
Med:
1,047
93.066884176183% of Average
$ / SqFt:
$54
low | high
Med:
$62
35.257231717326% of Average
On Site:
172
low | high
Med:
55
100% of Average
Listing Updated: 12/09/2018
MLS Number: 20183365
Listing Provided By:
Sandra Graf  of  Cornerstone Realtors