300 1st St. East, Independence, IA 50644

300 1st St. East, Independence, IA 50644
300 1st St. East, Independence, IA 50644
300 1st St. East, Independence, IA 50644
300 1st St. East, Independence, IA 50644
300 1st St. East, Independence, IA 50644
300 1st St. East, Independence, IA 50644
300 1st St. East, Independence, IA 50644
300 1st St. East, Independence, IA 50644
300 1st St. East, Independence, IA 50644
300 1st St. East, Independence, IA 50644
300 1st St. East, Independence, IA 50644
300 1st St. East, Independence, IA 50644
300 1st St. East, Independence, IA 50644
300 1st St. East, Independence, IA 50644
300 1st St. East, Independence, IA 50644
MLS ID #:
20154415

Property Address:
300 1st St. East
Independence, IA 50644

County:
Buchanan

Region:
Outside Area

Area:
Buchanan

Location:
Downtown

Miles to Highway:
Highway 150 & Highway 20

Year Built:
1880

Property Type:
Commercial

Sub-Type:
Retail

Building Description:
2 Story

Date Listed:
July 1st, 2015

Status:
Active

Price:
$97,500.00

Gross Taxes:
2178.00

Tax Year:
2013

Multi-Tenant:
Yes

Possible Financing:
Cash Convention

Sale/Rent:
For Sale

Sale/Lease Type:
Normal Sale

For Sale:
Yes

Avail at List Office:
Legal Description, Aerial Photo

Zoning:
C-1

Potential Use:
Retail, Other Potential Uses

Legal Desc:
34-89-9 S&M W22 of S100 Lot 5 Blk 2

Included:
Land, Building

Total Avail Sq Ft:
3,496 sq ft

Total Building Sq Ft:
3,496 sq ft

Retail SqFt:
1,748 sq ft

Lot Sq Footage:
2,200

Acres:
0.0510

Frontage/Access:
City Street

Exterior:
Brick

Roof Construction:
Membrane

Wall Construction:
Brick

Utilities Available:
Electric, Gas, Water, Sewer, Phone

Sewer Type:
City Sewer

Heating:
Forced Air, Gas

Cooling:
Central, Partial

Remarks: For over 50 years this historic brick building housed The Majestic, a fixture in the heart of downtown Independence. Located on Main Street’s busiest intersection with 9,700 cars passing by daily. Additional income provided by 3-one bedroom apartments upstairs. Each rents for $275/month with tenants paying their own utilities. Stoves and refrigerators are owned by the landlord. Recent updates to this historic brick building include interior and bath remodel approx. 4 years ago, new central air 3 years ago and newer rubber roof. There is an elevator between basement and main floor. Owners will consider leasing the main floor.
Realtor/Equal Housing Lender Listing provided courtesy of RE/MAX Independence Realty.
Listing Agent: Curt Martin
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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