$89,500 400 E 1st Street Independence, IA

MLS: 20140585   Type: Commercial   County: Buchanan   City: Independence   Area: Buchanan   Zip: 50644   Style: Free Standing,1 Story     Stories: 1   Taxes: $2,047

Mortgage $420 /mo



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A 28’ x 58’ block building sitting on a busy corner lot along Main Street/Hwy 150 in downtown Independence. Located across from City Hall and just steps from dining, shopping and other conveniences. Once a Kum & Go and repair shop and could easily be converted back to a shop. Continued monitored testing by Seneca Environmental covered by Kum & Go, all costs have been paid out of pocket. Real estate under billboard is leased with current owner to retain any and all income. There is also an easement to access the billboard.

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Price History

3/8/2016 Listed $115,000
1/15/2018 23% - $89,500

Flood Insurance No
Listing Status Active
Misc. Close to Shopping
Zoning C-1

Interior Features

Available Office Sqft 0
Available Retail Sqft 1771
Avl Mnf/warehouse Sf 0
Common Area No
Cooling Central
Flooring Reinforced Concrete
Heating Forced Air, Gas
Insulation Unknown
Total Bldg Sqft 1771

Exterior Features

# of Drive-In Doors 0
Approx Lot Size (sqft) 77' x 165'
Building Description Free Standing, 1 Story
Dock Doors 0
Frontage/Access Corner Lot, City Street
Lot Size Area 0.292
Rail Doors 0
Sprinkler? No
Tiered Sliding No
Total Available Sqft 1771
Wall Construction Block

Property Schools

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Gallery (6 photos)

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Property vs Zip Code Avg (50644)

Price 89K Avg 113K

Sqr Feet 1,771 Avg 3,112

Cost / Sqr Ft $51 Avg $36

Taxes $2,047 Avg $2,691

Acres 0.292 Avg 0.31

Visits 380 Avg 62

Days on Site 1,594 Avg 652

Walkscore® 66 Avg 61

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Listing Provided Courtesy Of: Curt Martin with RE/MAX Independence Realty

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Location & Address

Oakridge Realtors: Licensed in Iowa
3313 Terrace Drive
Cedar Falls, IA