1624 S Grand Ave, Charles City, IA 50616
MLS ID #:
20173775
Property Address:
1624 S Grand Ave
Charles City, IA 50616
Charles City, IA 50616
County:
Floyd
Region:
Outside the Metro Area
Location:
Neighborhood, Office Park
Miles to Airport:
5
Miles to Highway:
1
Miles to Highway:
Ave. of the Saints 1/4 mi
Year Built:
2008
Property Type:
Commercial
Sub-Type:
Office
Building Description:
Free Standing, Multi-Tenant, 1 Story
Insulation:
Roof, Side Walls, Party Walls
Date Listed:
July 5th, 2017
Status:
Active
Price:
$475,000.00
Ownership:
Corporation
Possession:
Immediate, Subject to Tenant Right
Gross Taxes:
21763.00
Tax Year:
2016
Gross Op Income:
$75,000.00 Actual
Net Op Income:
$63,500.00 Actual
Gross Op Expense:
$11,500.00 Actual
Tenant Pays:
Real Estate Taxes, Insurance, Internal Maintenance, Common Area Maintenance, Janitorial, Trash, Snow/Lawn, Gas, Electric, Heating, Cooling, Water/Sewer
Sale/Rent:
For Sale
For Lease:
Yes
Terms/Lease:
5 Years
Sale/Lease Type:
Normal Sale
For Sale:
Yes
Ivestment:
Yes
Zoning:
B4
Legal Desc:
Holland Subdivision, Lot 3, 18-95-15
Sprinkler:
Yes
Amenities:
Cable, Wireless Internet
Included:
Land, Building
Total Avail Sq Ft:
3,750 sq ft
Total Building Sq Ft:
3,750 sq ft
Office SqFt:
3,750 sq ft
Lot Sq Footage:
64,469
Acres:
1.4800
Frontage/Access:
City Street, Paved 4 Lane
Exterior:
Stucco, Other Exterior Finish
Roof Construction:
Comp Shingle
Wall Construction:
Frame
Floor Construction:
Carpeted, Concrete
Common Area:
Yes
Utilities Available:
Electric, Gas, Water, Sewer
Sewer Type:
City Sewer
Heating:
Forced Air, Gas
Cooling:
Central
Remarks: 1624 SOUTH GRAND AVE IS A 3750 SQ. FT. OFFICE COMPLEX THAT WAS BUILT FOR MERCY FAMILY MEDICAL CENTER. IT IS ONE OF 2 BUILDINGS IN THE SOUTH GRAND BUSINESS PLAZA. THERE ARE 5 EXAM ROOMS(ALL WHICH CAN EASILY BE CONVERTED TO PRIVATE OFFICES, ONE PROCEDURE ROOM, ONE X-RAY ROOM, A NURSES STATION, 2 PRIVATE OFFICES, ONE LAB, 3 HANDICAPP ACCESSIBLE BATHROOMS, A FRONT WAITING ROOM, AND A SECRETARIAL/RECORDS ROOM/RECEPTION ROOM(CAN EASILY BE CONVERTED TO A LARGE CONFERENCE ROOM), AN EMPLOYEES LUNCH ROOM, A COMPUTER ROOM, AND SEVERAL STORAGE ROOMS. THIS IS A ZERO ENTRY FACILITY AND HAS 2 HVAC UNITS. THE TENANT PAYS ALL UTILITIES AND LAWN CARE AND SNOW REMOVAL. THIS FACILITY WAS OCCUPIED FOR 5 YEARS BY MERCY CLINIC AND IS IN EXCELLENT CONDITION. IT CAN EASILY BE CONVERTED TO NORMAL OFFICE SPACE OR BE USED AS A MEDICAL/DENTAL FACILITY. THE EAST BUILDING CONTAINS 3 SEPARATE OFFICES(1250 SQ. FT. EACH OFFICE, ONE CURRENTLY OCCUPIED BY SKILTON LAW OFFICES AND ONE OCCUPIED BY AUDIBEL AND ONE OFFICE VACANT. EACH OFFICE HAS A HANDICAPP ACCESSIBLE BATHROOM, A SEPARATE HVAC UNIT(ALL UTILITIES ARE SEPARATE AND ARE PAID BY THE TENANTS AS WELL AS LAWN CARE AND SNOW REMOVAL) AND ALL OFFICES ARE ZERO ENTRY. LOCATED ONE QUARTER MILE FROM THE AVENUE OF THE SAINTS/HIGHWAY 218, THIS FACILITY IS EASILY ACCESSIBLE AND VISIBLE FROM THE AVENUE AND HAS A LARGE FACILITY SIGN (EACH TENANT HAS THEIR OWN SPACE ON THE SIGNAGE) SEE ATTACHED RESTRICTIVE COVENANTS
Listing provided courtesy of Parson Real Estate.Listing Agent: Connie Parson
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