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By Owner
Not Available

$349,000

231 1St Ave W, Cascade, IA, 52033


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Bedrooms

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Baths

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3,500

Sqft

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$100

/ Sqft

About this home

Prepare to be charmed by this phenomenal investment opportunity in the heart of Cascade, Iowa! This package deal comes with not one, but two separate structures, each boasting a massive 3,500 square feet of usable floor space at ground level. But it doesn't stop there; these buildings also provide ample storage space in their respective basements and even feature large, 2nd-story apartment units!

Recent years have seen an extensive series of renovations sprucing up both properties, adding a fresh vibrancy and modern comfort to their inherent charm. From new central air conditioning units to stylish windows and doors, the facelift these buildings have received is nothing short of impressive. You'll also appreciate the addition of a new boiler system in one building, sleek exterior siding, and chic, updated bathrooms.

The temptation of gleaming new flooring is hard to resist, and these buildings are no exception. Plus, the apartment units have also received a recent update, bringing them bang up-to-date to satisfy even the most discerning tenants. Currently, all apartments are leased, providing a steady stream of income.

Adding even more allure to this incredible package deal is its charming first-floor commercial space which houses the widely-loved Two Gingers’ Tavern, injecting a vibrant buzz into its surroundings.

This property purchase can be entirely tailored to your preferences; opt to invest in both buildings together or individually. Taking a different route? The sellers are also open to leasing offers for the first-floor commercial space, which could be a potential goldmine.

Giving a new meaning to the phrase 'dream investment', these buildings represent a chance to own a slice of history, as the tavern has the honor of being the oldest and most established in the thriving community of Cascade. Don't miss this unparalleled opportunity; it is the epitome of a fruitful real estate investment, waiting to be yours!

Rooms

Laundry Room

Where it's located
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Insurance

$291

Taxes

$582

P & I

$1,720

Your payment

$2,593

Contact the seller

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