832 Avenue G, Fort Madison IA, 52627
Property Details
Listing Price: $149,000
Type: Business
Lot Size: 0.06 acres
MLS #: 6318554
Listing agent: Corey Fraise
auctions@fraiseauction.com
319-367-5744
Property Description
Huge Price Reduction! Discover an exceptional investment opportunity in downtown Fort Madison, Iowa with this historic commercial property featuring two storefronts totaling 4,624 sq. ft., currently housing the renowned Faeth's Cigar Store—a neighborhood institution for over 100 years—as well as (4) 1-bedroom and (1) 2-bedroom apartments upstairs, all with original hardwood floors and built-ins awaiting refurbishment. The main floor boasts high tin ceilings and charming original woodwork, offering a versatile space ideal for retail, offices, restaurant or showrooms. The adjoining graveled lot provides ample parking and could also serve as an outdoor venue, enhancing its appeal for various business opportunities. This property presents the ideal blend of income generation potential and historic charm, with the option to purchase as a turnkey business, making it a rare find in downtown real estate. Don't miss out—contact us today to explore this unique opportunity further.Like what you see? Request Information or Showing
© 2024 National Association of Realtors Multiple Listing Service. All rights reserved.
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.
All Information Is Deemed Reliable, But Is Not Guaranteed.
Last Updated October 18, 2024