101 Water Street S Cambridge, IA $ 300,000
101 Water Street S
$ 300,000
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101 Water Street S

Cambridge, IA, 50046
$ 300,000
Bedrooms-- Baths-- Sq 3,625

Monthly Estimate*

$ 1,994

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Commercial Property for sale in Cambridge, IA

for $300,000. This 3,625 square foot building was built in 2002 on a lot size of 0.19.

Barndominium Living Meets Small-Town Charm Discover the rare combination of barndominium-style living right in the heart of a close-knit town, where everyone knows your name, but stays out of your business. This unique property offers two spacious, updated apartments—ideal for flexible living or rental income. On the first floor, you'll find a bright and airy one-bedroom, one-bath apartment with plenty of natural light and the convenience of in-unit laundry, including a washer and dryer. The second-floor apartment boasts two bedrooms plus a versatile bonus room (perfect as a non-conforming bedroom or office), along with a modern bathroom. Washer dryer hookups are available. Both units are move-in ready, featuring contemporary kitchens equipped with stoves, microwaves, refrigerators, and dishwashers. Commercial buyers, car enthusiasts and hobbyists will love the garage space! A two-car tandem garage is complemented by a massive two-story workshop/garage/warehouse that can accommodate 6-8 cars or 6 trucks. There’s even an unfinished half-bath in the workshop's utility room. This property’s zoning for both residential and commercial use offers endless opportunities. With no existing leases, you're free to rent out both apartments or live in one while renting the other. Whether you're looking for a unique home or an investment with income potential, this property offers it all.

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Commercial Pending

Price

$ 300,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.19

Year Built

2002

Town/City

Cambridge

County/Region

Story

MLS | Web ID

6321395

Features
Interior
Air Conditioning Central
Garage Stalls 10
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General
Available Utilities Electric Common Heating Common Heating Separate Hot Water Common
Sewer City Sewer/Connected
Heating Forced Air
Water City Water/Connected
current use Other
Total Number of Units 2
HOA RLIT
Status Pending Pending
Style Other
Class COMMERCIAL (5+ UNITS)
Tax Year 2022
Fuel Natural Gas
Subdivision IA
Sale/Rent For Sale
Contingency None
Auction Y/N 0
Area Story
Primary City Cambridge
Year Built 2002
Directions In Gilbert go to Water Street.
City Cambridge
Agent First Name Stephanie
Agent Last Name Running Anderson
DOM 37
Postal Code 50046
Potential Short Sale No
Price Per Sq Ft Total AG 82.76
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Exterior
Exterior Metal
Lot Size Area 0.19
Lot Size Dimensions 0
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Internal Only
OriginalMLSID 6321395
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* Excluded Features
List By
Stephanie Running Anderson

Listing Agent

Fathom Realty

Broker

runninghomedsm@gmail.com

Email

Affordability Calculator

$1,994
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,994
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
4814436 Elementary School
4814435 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/20/2024$300,000 Listed Price

Map


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101 Water Street S, Cambridge, IA, 50046 is a Commercial Property for sale at $300,000 with 3,625 sqft and a lot size of 0.19. 101 Water Street S was built in 2002. The property's zip code is 50046 which is in Cambridge, IA