110 W 4th Street # 2-7 Spencer, IA $ 388,780
110 W 4th Street # 2-7
$ 388,780
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110 W 4th Street # 2-7

Spencer, IA, 51301
$ 388,780
Baths0.0 Sq 9,339

Monthly Estimate*

$ 2,716

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Studio

Commercial Property for sale in Spencer, IA

for $388,780. This 9,339 square foot building was built in 1958 on a lot size of 0.44.

Iconic Spencer Office Property is now available for you to own. This offering includes units 2 -7 of the Arnold Building consisting of approximately 9339 sq ft of useable space. That means this portion of the building is listed at less than $42 per square foot! The entire useable upstairs of approximately 5593 sq ft & part of the main level (approximately 3746 sq ft currently leased to Iowa State Extension) are all part of the sale. The second level is accessed via either stairs or an up to date & inspected elevator. There are current tenants in a large share of the space generating income on day one. A few offices are currently available for lease that could be used by an owner/operator on day one or lease the space for even more income. The east, off-street parking is shared with the owner of Unit 1 and provides extensive extra parking space for the whole building. This is a solid, quiet, and large property that rarely comes for sale. Bring your ideas because this opportunity is waiting for you!

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Commercial Pending

Price

$ 388,780

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,064

Style

Commercial

Lot Size

0.44

Year Built

1958

Town/City

Spencer

County/Region

Clay

MLS | Web ID

230982

Features
Interior
Interior Features Elevator(s)
Common Walls 1 Common Wall
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General
Sewer Public Sewer
Construction Concrete Block Other(See Rmks)
Heating Forced Air
Cooling Central
Roof Other
Type Commercial
Fuel Electric Natural Gas
Construction Materials Brick
Total Sq Ft 9339
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Exterior
Waterfront 0
Lot Size Source Assessor
Water Source Public/City
Parking Features Driveway-Concrete Driveway-Shared Shared Parking
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* Excluded Features
List By
Nick Steffes

Listing Agent

Integrity Real Estate

Broker

(712) 339-0293

Phone

nick@integrityiowa.com

Email

Affordability Calculator

$3,388
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,716
Monthly Property Taxes
$672
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1883306 Elementary School
1883255 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/31/2023$388,780 Listed Price

Map


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110 W 4th Street # 2-7, Spencer, IA, 51301 is a Commercial Property for sale at $388,780 with 9,339 sqft and a lot size of 0.44. 110 W 4th Street # 2-7 is a studio with 0.0 baths and was built in 1958. The property's zip code is 51301 which is in Spencer, IA