627 2nd Ave

Sheldon, IA 51201

1-712-324-0104

info@isbservicesinc.com

511-515 3rd Ave. Sheldon, IA

$495,000

Detail

  • Year Built: 1999
  • Property Type: Commercial
  • lot-size1547657776f5c3f62303b62a
  • Lot Size: 165 X 150
  • sqft-main-1547657884f5c3f629cac2c2
  • SqFt Main : 12,562
  • sqft-below-grade-finished-1547657896f5c3f62a863956sqft-below-grade-unfinished-1547657907f5c3f62b34d562sqft-below-grade-total-1547657917f5c3f62bdda900heating-unit-1547657935f5c3f62cf8606bcooling-unit-1547657944f5c3f62d8a535fwater-softner-1547657952f5c3f62e0c88aawater-heater-1547657961f5c3f62e90b874annual-real-estate-taxes-1547657968f5c3f62f02addb
  • Real Estate Taxes : $9,312
  • average-utilities-1547657975f5c3f62f784940school-district-1547657984f5c3f630062556zoning1547657993f5c3f6309f3f29
  • Zoning: Commercial
  • date-listed-1547658003f5c3f63130c68f
  • Date Listed : 10/17/2022
  • reduced-price1554343996f5ca5683ccecad

Description

Investment, Income, Cash Flow! Here it is, your opportunity to own your own established business that is proven to have a nice income. Sheldon’s only laundromat and it just so happens to have a ton of extra earning potential with rental spaces including shop, garages and an apartment. This property is fully functioning and has had several updates along the way as well. The rental spaces are fully occupied and the cash flow is impressive. With the newness and preventative maintenance of the equipment over the years this is a fairly low maintenance business. There is automation with the door locks and lighting to make it energy efficient and convenient. This property built locally from the ground up and has only had 2 owners, the current owner would like to get it back into someone locals hands just for peace of mind, convenience and care. This is a wonderful and critical service to City of Sheldon and is well supported which is a huge benefit. The rental property associated with the building is low maintenance, and just makes this all work very nicely financially. It’s time to explore this opportunity more and what it can do for you!

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Contact info

Corey Elgersma
Corey Elgersma
712.348.1770

Enquire about this property

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