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$ 200,000
Est. payment | /mo
2,613 Sqft Lot
$ 200,000
Est. payment | /mo
2,613 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 751545
HOA Y/N No
Year Built 1900
Annual Tax Amount $3,191
Lot Size 2,613 Sqft
Acres 0.06
Property Description
Excellent Investment Opportunity in Historic Downtown Panora! Discover an exceptional opportunity to own a versatile commercial property, conveniently located directly across from the Panora town square. With the potential for multiple income streams, this property is ideal for investors, entrepreneurs, or anyone looking to own a storefront with residential living space above. The main level currently houses Lake Panorama Pizzeria and features an open, modern dining area, commercial kitchen space, updated electrical, and ADA-accessible restroom. With its separate Main Street entrance and prime downtown location, this space offers excellent potential for a restaurant, retail business, or other commercial venture. The second floor features a spacious 2 bedroom, 2-bathroom apartment with a living room, family room, kitchen, and enclosed stairway access directly from Main Street. The upper level also includes a utility area housing the furnace, along with additional storage space. Whether used as an owner-occupied residence or rental property, the apartment provides an excellent opportunity for additional income.
A full basement offers generous storage space and convenient access from both the main level and a large exterior door off the rear alley.Whether you're looking to launch your own business, expand your investment portfolio, or enjoy the convenience of living above your workplace, this unique downtown property offers tremendous flexibility and potential.
A full basement offers generous storage space and convenient access from both the main level and a large exterior door off the rear alley.Whether you're looking to launch your own business, expand your investment portfolio, or enjoy the convenience of living above your workplace, this unique downtown property offers tremendous flexibility and potential.
Location
State IA
County Guthrie
Area Panora
Zoning C
Interior
Heating Forced Air, Gas
Cooling Central Air
Flooring Hardwood
Fireplace No
Appliance Dishwasher, Refrigerator, Stove
Exterior
Roof Type Rubber
Private Pool No
Building
Sewer Public Sewer
Water Public
Others
Tax ID 0001299300
Monthly Total Fees $265
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Sunset Realty
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