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1208 Willis Ave 9,920 SF Retail Building Perry, IA 50220 $675,000 ($68.04/SF)
Investment Highlights
- Within a Qualified Census Tract & Opportunity Zone!
- Versatile layout with full basement can accommodate various business types
- Adjacent to local traffic generators including 65K annual visits to neighbor, Hotel Pattee
- Attentive ownership group has recently restored the building while maintaining its historic character
- Prime location at a hard corner right off the bike path with ample visibility
Executive Summary
This recently restorated 9,920 SF building offers a strategic location just half a mile north of Hwy 141 and right off the Raccoon River Valley Trailway in the heart of Perry, making it an ideal choice for retailers seeking an easy commute and great visibility without losing the small town charm. Its prominent position in the Perry area ensures a strong presence within the local market, including the notable Hotel Pattee's location across the street which pulls in an average of 65,000 annual visitors. This building contains a mostly open floor plan and a basement in phenomenal condition. It can easily accommodate a single user, but the strategic location of multiple entrances to the building would allow for up to 3-4 tenants if desired. Don't miss the chance to capitalize on this exceptional property and elevate you portfolio in this thriving commercial hub.
Immerse yourself in the charming community surrounding the property in Perry, IA. Located in a vibrant neighborhood right across the street from the Perry library, chamber of commerce, and well-known Hotel Pattee and adjoined Pattee Cafe. Enjoy the convenience of nearby dining options, shopping centers, and recreational facilities. With its welcoming atmosphere and strong community spirit, Perry provides an ideal setting for professionals seeking a retail or office space. Embrace the area's small-town charm while being just a short distance from major transportation routes, creating the perfect balance between accessibility and local charm.
Immerse yourself in the charming community surrounding the property in Perry, IA. Located in a vibrant neighborhood right across the street from the Perry library, chamber of commerce, and well-known Hotel Pattee and adjoined Pattee Cafe. Enjoy the convenience of nearby dining options, shopping centers, and recreational facilities. With its welcoming atmosphere and strong community spirit, Perry provides an ideal setting for professionals seeking a retail or office space. Embrace the area's small-town charm while being just a short distance from major transportation routes, creating the perfect balance between accessibility and local charm.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
9,920 SF
Building Class
B
Year Built
1946
Price
$675,000
Price Per SF
$68.04
Tenancy
Single
Building Height
1 Story
Building FAR
0.88
Lot Size
0.26 AC
Opportunity Zone
Yes
Zoning
C1 - Commercial
Frontage
123’ on Willis St
Amenities
- Corner Lot
- Courtyard
- Restaurant
- Storage Space
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 9,920 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 9,920 SF | Retail | - | Now |
1st Floor
| Size |
| 9,920 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Walk Score®
Very Walkable (78)
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-10-314-009 | Improvements Assessment | $209,410 |
| Land Assessment | $28,250 | Total Assessment | $237,660 |
Property Taxes
Parcel Number
02-10-314-009
Land Assessment
$28,250
Improvements Assessment
$209,410
Total Assessment
$237,660
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1208 Willis Ave
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