17 W 4Th Street Atlantic, IA $ 399,000
17 W 4Th Street
$ 399,000
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17 W 4Th Street

Atlantic, IA, 50022
$ 399,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,519

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Commercial Property for sale in Atlantic, IA

for $399,000. This building was built in 1940 on a lot size of 0.13.

INVESTMENT OPPORTUNITY NEAR MAIN STREET IN ATLANTIC! This apartment complex offers an income-producing opportunity with numerous improvements already completed and additional potential for the next owner. Updates include a new roof within the last 5 years, new electrical breakers, fresh paint in most apartments, new flooring and appliances in select units, new paint and carpet in the hallways, and several new entry doors. Three apartments have also been remodeled and reconfigured into two 2-bedroom apartments and one 3-bedroom apartment, providing desirable rental options. Utilities are separated to each renter, helping ownership manage operating expenses. The basement was formerly used as a retail storefront and is currently open and ready for its next use. This additional space offers the potential for future commercial, rental, storage, office, or other income-producing opportunities, subject to any required approvals. Located near Atlantic's Main Street, tenants are close to downtown amenities, shopping, dining, and community conveniences. Updated where it matters. Income-producing. Room to grow. And plenty of potential for the investor with a vision. Bring your investment strategy and take a look at what this property could become!

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Commercial Active

Price

$ 399,000

Property Type

Commercial

Taxes

$ 6,652

Style

Lot Size

0.13

Year Built

1940

Town/City

Atlantic

County/Region

Cass

MLS | Web ID

6342246

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Utilities Electric Common Heating Common Hot Water Common
Garage Spaces 0
Construction Materials Brick
Year Built 1940
Property Subtype Apartment
Tax Year 2024
Current Use Residential
Accessibility Other
County Cass
Property Type Commercial Sale
Contingency None
Subdivision Name ORIGINAL TOWN - ATLANTIC
Possible Use Other
Status Active
Directions from Highway 6 turn north onto Chestnut Street turn west on 4th street. Building is on the south side of the street.
Open Parking Spaces 4
Number Of Units Total 11
Lot Size Units Acres
Lot Size Square Feet 5662.8
Tax Annual Amount 6652
Living Area Units Square Feet
Standard Status Active
Legal Description E 70' N 15' LOT 20 & M 1/3 L21-22-23-24 BLK 28
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Exterior
Parking Features Additional Parking On Street Gravel
Water Source Public
Lot Dimensions 5 717 sf
Lot Size Acres 0.13
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* Excluded Features
List By
Tiffany South

Listing Agent

Atlantic Home Realty

Broker

realtortiffanysouth@gmail.com

Email

Affordability Calculator

$3,074
Per Month
82%
18%
0%
Monthly Principal & Interest
$2,519
Monthly Property Taxes
$554
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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! What's my home worth?
Nearby
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/1/2026$399,000 Listed Price

Map


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17 W 4Th Street, Atlantic, IA, 50022 is a Commercial Property for sale at $399,000 with a lot size of 0.13. 17 W 4Th Street was built in 1940. The property's zip code is 50022 which is in Atlantic, IA