Tifini Kreitz
- Buy
- Sell
https://www.ruhlmortgage.com/GregCotton.html
Description
Prime commercial opportunity on the highly visible southeast corner of Centerville's historic town square! This well-maintained building offers approx. 2,000 sq. ft. of versatile main-level space, ideal for retail, office, restaurant, café, bakery, salon, boutique, or countless other business opportunities. Currently operating as a fully licensed, full-service restaurant, the seller intends to include the dining tables, chairs, two stoves, a three-compartment sink, and the other attached items, providing an excellent foundation for your next venture. The upper level features an approximately 800 sq. ft. apartment with new front windows, a separate electric meter, and new electric baseboard heaters ready for installation. Most of the renovation materials needed to complete the apartment have already been purchased and will remain with the property, offering an excellent opportunity to create additional rental income or comfortable owner-occupied living space. Whether you're looking to launch a new business, expand an existing one, or invest in a mixed-use downtown property, this building offers exceptional visibility, flexibility, and income potential. The property is being sold AS-IS; additional business equipment is negotiable with an acceptable offer. The seller will consider owner financing for qualified buyers, making this an even more attractive investment opportunity. Schedule your private showing today and discover the possibilities this downtown property has to offer.
Property Highlights
Property Type: Commercial - Investment
Year Built: 1900
General Information
County: Appanoose
Listed By:
Hometown Realty
641-437-1060
No Coast MLS
MLS ID: 6340748
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207 N 13th Street, Centerville, IA 52544.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $99,900 | $99,900 | $99,900 |
| Down Payment | $19,980 | $3,497 | $24,975 |
| Monthly Mortgage Amount | $499 | $604 | $622 |
| Taxes | $139 | $139 | $139 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $44 | $0 |
| Monthly Estimated Total | $738 | $887 | $861 |
Tifini Kreitz
REALTOR®
Cell: (563) 723-1897
Licensed in IA & IL
Davenport Office
4545 Welcome Way
Davenport, IA 52806
(563) 441-5100
Davenport, IA 52806
(563) 441-5100
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Listings courtesy of No Coast MLS as distributed by MLS GRID.
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