105 S Cherry St, Letts, IA 52754
105 S Cherry St, Letts, IA 52754
105 S Cherry St, Letts, IA 52754
105 S Cherry St, Letts, IA 52754
105 S Cherry St, Letts, IA 52754
105 S Cherry St, Letts, IA 52754
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JJ Johannes

JJ Johannes

+1(319) 540-1002
$ 119,000
Est. payment | /mo

1,875 Sqft Lot

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$ 119,000
Est. payment | /mo
Save

1,875 Sqft Lot

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202604393

Year Built 1900

Annual Tax Amount $471

Tax Year 2024

Lot Size 1,875 Sqft

Acres 0.04

Lot Dimensions 25x75

Property Sub-Type Commercial

Property Description

Welcome to an exceptional investment opportunity in the charming town of Letts, IA! This unique property is located on a prominent corner lot, effortlessly blending commercial and residential potential. One of its standout features is a secured 5-year agreement with the United States Postal Service, providing stability and reliable revenue. The building offers separate entrances for each unit, ensuring privacy and convenience for occupants. Whether you're looking to expand your portfolio or establish your business on prime real estate, this property caters to diverse needs. Each tenant covers their own utilities, minimizing overhead costs and enhancing net returns. Positioned in the heart of Letts, this property benefits from high visibility and foot traffic while maintaining a tranquil small-town vibe.

Location

State IA

County Louisa

Zoning C & R

Direction off of Main Street on the corner

Interior

Heating Natural Gas, Forced Air

Cooling Central Air

Flooring Vinyl

Exterior

Utilities Available Electricity Available, Phone Available, City Water

Roof Type Other

Building

Lot Size Range Less Than Half Acre

Structure Type Brick

Others

Tax ID 0406227001

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Attain RE

NEARBY SCHOOLS & PROPERTIES

JJ Johannes

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(319) 540-1002

jj@thejohannesgroup.com

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105 S Cherry St