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$ 419,900
Est. payment | /mo
7,000 Sqft Lot
$ 419,900
Est. payment | /mo
7,000 Sqft Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 727453
HOA Y/N No
Year Built 1926
Annual Tax Amount $5,901
Lot Size 7,000 Sqft
Acres 0.1607
Property Sub-Type Retail
Property Description
Located on Main Street in the heart of downtown Norwalk, this charming brick building features three commercial units with a strong rental history and excellent visibility. One unit is currently leased for $1,700/month through July 2026, another at $725/month (final 2 years at $750/month through February 2028), while the third unit- previously rented for $1,675/month- is now available. The upstairs level also includes two office spaces that could be leased separately for additional income potential. With consistent occupancy, proven cash flow, and recent updates such as fresh paint in the upstairs unit, this well-maintained property is ready for its next owner. Whether you're looking for a dependable investment property or the perfect spot to open your own business, this building offers a prime location and a solid opportunity-right in the heart of downtown Norwalk. All information obtained from Seller and public records.
Location
State IA
County Warren
Area Norwalk
Zoning C
Interior
Heating Forced Air, Gas, Natural Gas
Cooling Central Air
Fireplace No
Exterior
Utilities Available Electricity Available
Roof Type Rubber
Private Pool No
Building
Sewer Public Sewer
Water Public
Schools
School District Nodaway Valley
Others
Tax ID 63200000061
Monthly Total Fees $491
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by RE/MAX Precision
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