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Description
Investment opportunity in the heart of historic downtown Atlantic! This well-maintained commercial building is an excellent addition to any investment portfolio, featuring a long-term tenant with a strong lease in place for immediate rental income. Located in an attractive and vibrant downtown district there is street parking in the front and 2-3 private parking spaces in back. Current lease runs through September 30, 2029.
Property Highlights
Property Type: Commercial - Retail
Year Built: 1895
General Information
County: Cass
Subdivision: ORIGINAL TOWN - ATLANTIC
Listed By:
Meyer & Gross Real Estate Co
712-243-4100
No Coast MLS
MLS ID: 6341854
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405 Chestnut Street, Atlantic, IA 50022.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $114,900 | $114,900 | $114,900 |
| Down Payment | $22,980 | $4,022 | $28,725 |
| Monthly Mortgage Amount | $573 | $704 | $716 |
| Taxes | $160 | $160 | $160 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $51 | $0 |
| Monthly Estimated Total | $833 | $1,015 | $976 |