127 Central Ave NW
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127 Central Ave NW
6,000 SF 100% Leased Retail Building Le Mars, IA 51031 $919,639 CAD ($153 CAD/SF)
Executive Summary
Spacious commercial building in the heart of downtown LeMars, Iowa! This building is currently being used for a gymnastics & dance studio, but with over 6,000sf of available space the possibilities are endless; open a business, use it as a rental, make it into multiple spaces, you name it! Plus additional added space in an upper balcony area and bonus 15'+ ceilings in most of the space. This property has so much history; formerly the police station, fire station and city hall, here is your chance to be part of LeMars history. *The Turn Around Business is NOT for sale. Showings to be done M-F, 8a-2p only. No equipment is included, or for sale.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
6,000 SF
Year Built
1930
Price
$919,639 CAD
Price Per SF
$153 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.14 AC
Opportunity Zone
Yes
Walk Score ®
Very Walkable (79)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 12-09-381-013 | Improvements Assessment | $276,698 CAD |
Land Assessment | $32,195 CAD | Total Assessment | $308,894 CAD |
PROPERTY TAXES
Parcel Number
12-09-381-013
Land Assessment
$32,195 CAD
Improvements Assessment
$276,698 CAD
Total Assessment
$308,894 CAD
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127 Central Ave NW
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