Details
- $320,000
- MLS# 26-553
- Commercial - Retail
- Active
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 communityengagement. 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.
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Demographics
Mortgage Calculator
| blank | Principal | Taxes | INS / PMI | Other | Total |
|---|---|---|---|---|---|
| Monthly | $1,921.49 | $112.00 | $365.33 | $0.00 | $2,398.82 |
| Yearly | $23,057.88 | $1,344.00 | $4,383.96 | $0.00 | $28,785.84 |
| Total | $691,736.40 | $40,320.00 | $87,872.00 | $0.00 | $819,928.40 |
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