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Description
112 N Iowa Ave is a mixed-use building located in downtown Solon. The property includes two upper-level apartments, each currently rented for $1,500 per month, providing strong in-place income. The main floor consists of approximately 2,312 SF of commercial space and is available for lease at $16.00 NNN. This is a great opportunity for an investor or owner/user looking for a downtown Solon property with residential income already in place and commercial lease upside on the main level. The building offers a flexible main-floor layout suitable for retail, office, service, or other commercial uses, with visibility in the heart of town.
Property Highlights
Property Type: Commercial - Business
Year Built: 1954
General Information
County: Johnson
Listed By:
Skogman Realty Co.
Mark Lynch
319-625-6427
ICAAR MLS
MLS ID: 202604085
Shown By
Agent Name: Kathy Meyer
Agent Phone: (309) 737-5323
Agency Title: Ruhl&Ruhl Realtors
Agent Email:
Get in Touch
Shown By
Agent Name: Kathy Meyer
Agent Phone: (309) 737-5323
Agency Title: Ruhl&Ruhl Realtors
Agent Email:
Contact an agent to learn more about
112 N Iowa St., Solon, IA 52333.
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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $1,000,000 | $1,000,000 | $1,000,000 |
| Down Payment | $200,000 | $35,000 | $250,000 |
| Monthly Mortgage Amount | $4,861 | $5,966 | $6,178 |
| Taxes | $1392 | $1392 | $1392 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $600 | $0 |
| Monthly Estimated Total | $6,545 | $8,250 | $7,862 |
About this area
Find homes for sale in Solon, Iowa and learn about the local community and real estate market.
Solon is a city located in Johnson County, Iowa. Part of the Iowa City, Iowa Metropolitan Statistical Area, Solon is located a few miles from Lake MacBride State Park and the larger cities of Coralville and Iowa City. The population was 2,037 at the 2010 census. Continue browsing this page to see all houses for sale in Solon, IA and if you need to do a little more research before buying, check out the rest of this page. Solon is located outside of Iowa City. View homes for sale in the Iowa City area for more real estate options
See more houses for sale in the Iowa City area.
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Phone Number: (319) 339-8111