111 NW 2nd Street
Stuart, IA 50250
MLS #544819

Commercial
  • 0.121acres
  • 13,110sq ft
$315,000
Est. P&I payment: $1203.09/mo
111 NW 2nd Street, Stuart, IA 50250
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Description for 111 NW 2nd Street, Stuart, IA 50250
Historic clock tower building in Stuart offers a mix of retail, office space and loft apartments. With potentially ten rentable units plus 4,230 sqft clean, functional basement w/repoured slab, this building is well placed to capitalize on Stuarts growth. Built as the Masonic Temple in 1894 the building underwent a major renovation in 1997 adding an elevator from the basement to 3rd floor and converting the top three units to lofts. Vintage fixtures, trim work and stained glass accent modern updates. 1st floor/street level retail space includes: 3000 sq. ft retail, 500 sf office, 500 sf residential efficiency. 2F has currently leased office space w/several openings. 3F has 3 beautifully remodeled loft style units: Front has 3,000 sqft, 2nd unit has 1,600 sqft, 3rd 1,500 sqft. $31.5k in income now, potential to more than double. Recent elevator permit, updated HVAC units. Combination Colonial & Romanesque Revival architecture makes it Stuart’s most iconic building and a fun place to be.
MLS #544819
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My Notes for MLS #544819

General Features

  • Property Type: Commercial
  • Acres: 0.121
  • Building Sqft: 13,110
  • Year Built: 1894

Exterior Features

  • Acres: 0.121
  • Street View Param: 1$41.505138$-94.31892499999998$44.31$13.33$1.00$F8OnptJKJKlpA920EyqDdQ
  • Lot SF: 5,271
  • Lot Size: 47X112
  • Construction Type: See Remarks
  • Foundation: Brick
  • Roof: Asphalt Shingle

Interior Features

  • Interior Features: Cable TV,​Smoke Detector,​Wet Bar
  • Square Feet Total: 13,110

Utilities Features

  • Air Conditioning: Central,​Window
  • Heat Source: Natural
  • Heat: Gas,​Gas Forced Air
  • Services: Trash Service,​Utilities
  • Sewer: City
  • Sprinkler System: None
  • Water: City

Financial Features

  • Gross Taxes: 10,687
  • Net Taxes: 8,472
  • Tax Year: 2017

Community Features

  • School District: West Central Valley

Misc Features

  • Parcel Number: 1,350,400
  • Termite: Call Listing Agent
  • Zoning: COM

Location

 
Street View Not Available
Directions to 111 NW 2nd Street, Stuart, IA 50250
I80 west to Stuart exit. North to 2nd st., west to proerty on north side.
The listing information for 111 NW 2nd Street, Stuart, IA 50250 was graciously provided by our friends at the listing brokerage, RE/MAX Real Estate Concepts

Get Financing for 111 NW 2nd Street, Stuart, IA 50250

Gershman Mortgage
David Bell
8460 Birchwood Ct, Ste 700
Johnston, IA 50131
515-330-2930 Office
(515) 205-3962 Mobile
(515) 330-2933 Fax
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P&I Payment $1203.09
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty North Star's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty North Star, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 11/23/2017 at 5:10pm
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