527 Broad Street

This well-maintained commercial/ Multi Family building in Story City presents a fantastic investment opportunity with a mix of commercial and residential income. Please note that photos for two of the apartments are not pictured due to being fully occupied. Please schedule a showing to view. The property features three leased commercial units they are a yoga studio, a business with offices, and a popular pizza restaurant, Additionally, the second story houses four apartments: three one-bedroom units and one spacious two-bedroom unit. Coin laundry is also available on the second story for tenants. The has been recently replaced and comes with a transferable warranty and all four apartments benefit from updated and modern HVAC equipment. Both water heaters have been replaced within the last year. Three of the apartments have been renovated by the current owner, while one retains its original. Two of the commercial units have also been updated under current ownership, while the third remains original. The building features updated electrical and some updated plumbing. Separate utility meters are in place, excluding water. Several of the tenants in this building are long-term tenants.