306 W State Street is a $399,900, 5,321 square foot home on a 0.29 acre lot located in Williamsburg, IA.
Explore this exceptional income-producing investment opportunity in the heart of the vibrant community of Williamsburg. Boasting over 5,300 square feet of space and strategically located on a corner lot in the bustling downtown district, this property offers immense potential for entrepreneurs and investors alike. EXTENSIVELY renovated in 2022, this property has been updated to offer a modern and accommodating environment for businesses and tenants. Currently, the property features four leased spaces for businesses, two garages rented for storage, and a FULLY FURNISHED apartment utilized as an Airbnb. The apartment includes two bedrooms, a full bathroom with stand-up shower, and essential appliances, including a stackable washer and dryer that were newly installed in 2023. This cozy living space provides a comfortable and convenient retreat for guests, making it a sought-after choice for short-term rentals. With its diverse income streams, prime location, and recent renovations, this property represents a compelling investment opportunity. Whether you are looking to expand your portfolio, generate passive income, or capitalize on the thriving local market, this property is a must-see that promises both versatility and profitability. Don't miss out on the chance to own this exceptional income-generating asset in the heart of Williamsburg's dynamic downtown district.
Basement | Basement - Yes |
Interior Features | Flooring - Carpet Storage |
Cooling Types | Wall/Window Unit(s) Cooling - Yes Cooling - Central Air |
Heating Types | Heating - Yes |
Parking Types | Off Street |
Exterior Features | Utilities - Electricity Available Utilities - Natural Gas Available Tenant Pays (Income) - Insurance Tenant Pays (Income) - Trash Collection |
Roof | Asphalt Shingle |
Water Source | Public |
Sewer | Public Sewer |
Date on Market | 07/17/2024 |
Property Type | Commercial Sale |
Property Sub Type | Mixed Use |
Style | Levels - Two Stories - 2 |
Year Built | 1890 |
HOA Fee | $0.00 |
Taxes | $6,296.00 |
County | iowa |
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