1011 N Broadway Street N Red Oak, IA ^$ 135,000

1011 N Broadway Street N

^$ 135,000

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1011 N Broadway Street N

Red Oak, IA, 51566

^$ 135,000

Studio Baths0.0 Sq 1,495

Monthly Estimate*

^$ 943

1011 N Broadway Street N, Red Oak, IA 51566 - Image 1

1011 N Broadway Street N, Red Oak, IA 51566 - Image 2

1011 N Broadway Street N, Red Oak, IA 51566 - Image 3

1011 N Broadway Street N, Red Oak, IA 51566 - Image 4

1011 N Broadway Street N, Red Oak, IA 51566 - Image 5

1011 N Broadway Street N, Red Oak, IA 51566 - Image 6

Studio

Commercial Property for sale in Red Oak, IA

for $135,000. This 1,495 square foot building was built in 1961 on a lot size of 0.58.

China Gate Express at 1011 N Broadway is a well established business, and ready for new ownership. Here is an opportunity that doesn't come along very often. Is this the business for you? Contact your favorite agent to see this property. There is also rental income from the back lot of this property. It is currently leased for $200 a month and has seperate electrical hook up.

Commercial Active

Price

^$ 135,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Business

Lot Size

0.58

Year Built

1961

Town/City

Red Oak

County/Region

Montgomery

MLS | Web ID

6302263

Features

General

Available Utilities Electric Separate Heating Separate Hot Water Separate

Sewer City Sewer/Connected

Heating Forced Air

Water City Water/Connected

current use Restaurant

Zoning Business/Commercial

Total Number of Units 1

HOA WCIR

Status Active Active

Style Business

Class COMMERCIAL (5+ UNITS)

Municipality Red Oak

Tax Year 2022

Fuel Electric Natural Gas

Subdivision IA

Contingency None

Auction Y/N 0

Area Montgomery

Primary City Red Oak

Year Built 1961

Directions Located on Broadway St on the west side a block north of Fareway.

City Red Oak

Street Name Broadway

Agent First Name Sheryl

Agent Last Name Wederquist

DOM 21

Postal Code 51566

Potential Short Sale No

Price Per Sq Ft 90.3

Exterior

Exterior Metal

Lot Size Area 0.58

Lot Size Dimensions 112 x225 25200 sq ft.

Interior

Garage Stalls 2

Internal Only

OriginalMLSID 6302263

* Excluded Features

List By

Sheryl Wederquist

Listing Agent

Rubey Realty

Broker

sheriwederquist@rubeyrealty.com

Affordability Calculator

$943

Per Month

Monthly Principal & Interest: $943
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Red Oak, IA

Average List Price ^$147,700

Percent of Sale Price 9%

About Red Oak, IA

5,417 Population

-13% Since 2002

^$34,167 Median Income

43.2 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2872932 Elementary School

2872966 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/25/2024	$135,000	-3.57%	Price Down
8/25/2023	$140,000	-12.50%	Price Down
3/14/2023	$160,000	-10.61%	Price Down
9/2/2022	$179,000		Listed Price

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1011 N Broadway Street N, Red Oak, IA, 51566 is a Commercial Property for sale at $135,000 with 1,495 sqft and a lot size of 0.58. 1011 N Broadway Street N is a studio with 0.0 baths and was built in 1961. The property's zip code is 51566 which is in Red Oak, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the Iowa Association of REALTORS service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is deemed reliable but is not guaranteed accurate by the the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Data is updated as of 5/3/2024.

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1011 N Broadway Street N

Commercial Property for sale in Red Oak, IA

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