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306 State Street, Williamsburg, IA 52361

MLS Number: 2405005   |   Subtype: Commercial   |   Area: OT-W (West of I-380)
$ 360,000
Explore this exceptional income-producing investment opportunity in the heart of the vibrant community of Williamsburg. Boasting over 5,300 square feet of space and strategically located on a corner lot in the bustling downtown district, this property offers immense potential for entrepreneurs and investors alike. EXTENSIVELY renovated in 2022, this property has been updated to offer a modern and accommodating environment for businesses and tenants. Currently, the property features four leased spaces for businesses, two garages rented for storage, and a FULLY FURNISHED apartment utilized as an Airbnb. The apartment includes two bedrooms, a full bathroom with stand-up shower, and essential appliances, including a stackable washer and dryer that were newly installed in 2023. This cozy living space provides a comfortable and convenient retreat for guests, making it a sought-after choice for short-term rentals. With its diverse income streams, prime location, and recent renovations, this property represents a compelling investment opportunity. Whether you are looking to expand your portfolio, generate passive income, or capitalize on the thriving local market, this property is a must-see that promises both versatility and profitability. Don't miss out on the chance to own this exceptional income-generating asset in the heart of Williamsburg's dynamic downtown district.

Property

  • County: Iowa
  • Lot Size: 80 X 160
  • Acres: 0.2900
  • Year Built: 1890
  • Zoning: Comm
  • Gross tax: $7,079.00

Building

Total Building SF: 5,321
Ceiling Height: 7ft-10ft

Utilities

Utilities: Electricity Available, Natural Gas Available
Heating/Cooling: Steam Heat, Central Air, Wall/Window Unit(s)
Water Source: City Water
Sewer: City Sewer

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