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14 N Elm St 2,464 SF 100% Leased Retail Building Colfax, IA 50054 $645,000 ($261.77/SF)



Executive Summary
Constructed in 1979
Prime location within the Colfax area
Steady income from laundromat
6 Well-maintained apartments, fully leased
Solid and reliable investment opportunity
Prime location within the Colfax area
Steady income from laundromat
6 Well-maintained apartments, fully leased
Solid and reliable investment opportunity
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,464 SF
Building Class
B
Year Built/Renovated
1972/1979
Price
$645,000
Price Per SF
$261.77
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.32
Lot Size
0.18 AC
Frontage
120’ on Elm St
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 11-01-336-001 | Improvements Assessment | $194,840 |
| Land Assessment | $5,850 | Total Assessment | $200,690 |
Property Taxes
Parcel Number
11-01-336-001
Land Assessment
$5,850
Improvements Assessment
$194,840
Total Assessment
$200,690
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14 N Elm St
