$175,000
$185,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
2,613 Sqft Lot
SOLD DATE : 04/07/2023
Key Details
Sold Price $175,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 660418
Sold Date 04/07/23
HOA Y/N No
Year Built 1900
Annual Tax Amount $3,570
Tax Year 2021
Lot Size 2,613 Sqft
Acres 0.06
Property Description
Excellent investment opportunity for a property located in Panora's Historic Downton Business Commercial District. Located just across the street from the picturesque town square, this property has the potential for MULTIPLE income streams. The second floor is a 2 or possible 3 bedroom/2-bathroom apartment with enclosed stairway access directly from the Main St.
The main floor currently is home to The Lake Panorama Pizzeria and has a separate Main St. access. The space is open, modern and has been updated with electrical and 2 ADA restrooms. The business and equipment are not included in the sale.
The property also has a full basement that has access from both inside the restaurant or the back alley.
Whether you are looking for the perfect place to start your new business or a great investment opportunity, don't miss the opportunity to tour this gem.
Location
State IA
County Guthrie
Area Panora
Zoning HBCD
Interior
Heating Forced Air, Gas, Natural Gas
Cooling Central Air
Fireplace No
Exterior
Roof Type Rubber
Private Pool No
Building
Foundation Block
Sewer Public Sewer
Water Public
Schools
School District Panorama Community
Others
Tax ID 0001299300
Monthly Total Fees $297
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Sunset Realty
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