131 3rd St, Underwood, IA 51576

$320,000
2,268
SqFt

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List Price
$320,000
Price Change
▼ $10,000 1788908265
MLS#
26-553
Status
ACTIVE
Type
Commercial
City
Underwood
Area
14A
County
Pottawattamie
Living Area
2,268
Year Built
2022

Property Description

Excellent opportunity to own a commercial property in Underwood, Ia , featuring three seperate established tenants in place, which include a coffee shop, bakery and event center. These tenants provide $39,060 in annual rental income, offering an attractive income-producing addition to your investment portfolio. Surrounded by existing local businesses, the property benefits from consistent traffic and community engagement. Coffe shop and bakery buildings were built in 2022 and the venue is a unique silo that entertains up to 88 people, was built in 2025. Low maintenance adds to the benifits of owning this investment. Tenants pay all utilities except trash. This unique commercial property presents an exceptional opportunity to own income -producing real estate with established tenants.

Additional Information

Living Area
2,268
Year Built
2022

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Calculator source: Real Geeks

Listing courtesy of Better Homes and Gardens Real Estate The Good Life Group.