Property Description
20 UNITS WITH ALL ONE BEDROOM WITH LAUNDROMAT ALL REMODELED AND IN EXCELLENT CONDITION. FULL COMMERCIAL LAUNDRY . 6 WASHING MACHINES AND 8 DRYERS. ALSO INCLUDES OFFICE AND OFFICE ELEVATOR. LISTING BROKER IS OWNER OF PROPERTY. PRICED AT SUBSTANTIAL REDUCTION BUT PRICE IS FIRM.AT 35K A DOOR PLUS LAU LAMONI IOWA IS HOME TO GRACELAND COLLEGE. NO OWNER FINNANCING AND MUST HAVE PROOF OF FUNDS AND PREAPPROVAL LETTER WHEN SUBMITTING AN OFFER. Owner may consider selling with 400k down and the 300k owner financed at 7 percent only 3 year balloon. Owner must approve AND PRICE SUPER FIRM.
Features
- Parking:
- Unassigned, Common
- Sewer:
- City Sewer/Connected
- Utilities:
- Electric Separate, Heating Separate, Hot Water Separate
- Architectural Style:
- Apartment
Address Map
- Country:
- US
- State:
- IA
- County:
- Decatur
- City:
- Lamoni
- Zipcode:
- 50140
- Street:
- Main
- Street Number:
- 318
- Street Suffix:
- Street
- Directions:
- Main Street Apartments LLC OFF EAST MAIN STREET
- Street Dir Prefix:
- E
- Zoning:
- Business/Commercial
MLS Addon
- Office Name:
- Power House Exclusive Real Estate Inc.
- List Office MLSID:
- WCIR448001411
- Association Fee:
- $0
- Sold Price:
- $0
- Original List Price:
- $0
- Prior List Price:
- $0
- List Price Low:
- $0
- List Price High:
- $0
- Insurance Fee:
- $0
- Percent Price Difference:
- $0
- Search Price:
- $0
- Gross Income:
- $0
- NetIncome:
- $0
- Expense Insurance:
- $0
- Gross Taxes:
- $0
- Tax With Assessments:
- $0
- Net Taxes:
- $0
Additional Information
- Lot Size Dimensions:
- ONE HALF ACRE FOR 20 UNITS WHUCH INCLUDE ELEVATOR PLUS EMPTY LOT ONE HALF ACRE
- Number Of Units Total:
- 21
- Possible Use:
- Diversified,Income,Other
- Previous Price:
- 700000
- Water Source:
- City Water/Connected
- Accessibility Features:
- Other
- Construction Materials:
- Brick/Stone
- Current Use:
- Office, Commercial, Laundromat
Financial
- Tax Annual Amount:
- 8192
Listing Information
- List Agent Mls Id:
- WCIR448010533
- List Office Mls Id:
- WCIR448001411
- Listing Term:
- Conventional
- Mls Status:
- Active
- Modification Timestamp:
- 2025-04-10T01:00:32Z
- Originating System Name:
- NoCoast
Commercial Sale
318 E Main Street, Lamoni, Iowa 50140
1 Acre
$1,200,000
Listing ID #6311422
Basic Details
- Listing Status :
- Active
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Listing ID :
- 6311422
- Price :
- $1,200,000
- Lot Area :
- 1 Acre
- Year Built :
- 1978
Agent info
Stoney Oak Properties, L.L.C.
Address: 201 South Main St Osceola, IA 50213
I really like to help people find their dream homes, but even more, I like to buy and remodel homes! I find comfort and fun in purchasing a house and restoring it back to its former glory. The same holds true for buildings — I purchased the old Hart’s Bridal shop in the late fall of 2013 and basically gutted it and started over. I knew I wanted a firm where anyone that walked through my door would feel welcomed and my agents would love a great place to work! That dream has become a reality with four new agents and a finished building for our office to call home.
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