120 SE 8th St, Altoona, IA 50009

120 SE 8th St, Altoona, IA 50009
MLS ID #:
20180239

Property Address:
120 SE 8th St
Altoona, IA 50009

County:
Polk

Region:
Outside Area

Area:
Surrounding Area

Year Built:
1959

Property Type:
Commercial

Sub-Type:
Retail

Date Listed:
January 15th, 2018

Status:
Active

Price:
$1,630,000.00

Gross Taxes:
14426.00

Tax Year:
2016

Gross Op Income:
$131,976.00 Actual

Net Op Income:
$131,976.00 Actual

Multi-Tenant:
Yes

Sale/Rent:
For Sale

Sale/Lease Type:
Investment Sale

For Sale:
Yes

Ivestment:
Yes

Zoning:
C-2

Tiered Sliding:
Yes

Legal Desc:
E 92F W 342F S 224.65F N 328.65F NW FRL 1/4 SEC 19-79-22

Total Building Sq Ft:
11,298 sq ft

Lot Sq Footage:
20,668

Acres:
0.4740

Remarks: Located in growing Altoona, Iowa, this two tenant investment opportunity is leased to Pet Supplies Plus (10-Year Term) and a local Chiropractor (5-Year Term), with long-term leases. $131,976 NOI/8.1% CAP Rate.
Realtor/Equal Housing Lender Listing provided courtesy of Sulentic-Fischels Commercial Group.
Listing Agent: Matt Miehe, CCIM
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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