This Retail Property is no longer advertised on LoopNet.com.

306 1st St E
Independence, IA 50644
Laree's · Retail Property For Sale

Investment Highlights

  • Two buildings for the price of one!
  • High traffic and pedestrian exposure
  • Located in historic downtown Independence

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,716 SF
Building Class
B
Year Built
1880
Tenancy
Single
Building Height
2 Stories
Building FAR
1.85
Lot Size
0.07 AC
Zoning
C - Commercial

About 306 1ST ST E , INDEPENDENCE, IA 50644

Don’t miss this opportunity to own a part of downtown Independence. Two Main Street buildings for the price of one—offering high exposure to traffic and pedestrians. These well-maintained buildings offer tremendous potential for many types of retail businesses and offices. There is just one opening joining the two which could easily be closed to completely separate the buildings or keep it open for over 3,000 square feet on the main level. Each building has its own front and rear entrances, full basements and separate utilities. The second floor of both buildings are also completely separate and could be utilized for additional income with remodeling. The west (304) building received a new furnace and central air in 2002. The east (306) building received a new boiler in 2005 and features the original 12-foot high tin ceiling. Both roofs have the Ruberoid Torchdown System.

Property Taxes

Property Taxes

Parcel Number
06.34.463.013
Land Assessment
$9,480
Improvements Assessment
$39,550
Total Assessment
$49,030
  • Listing ID: 15569718

  • Date on Market: 3/28/2019

  • Last Updated:

  • Address: 306 1st St E, Independence, IA 50644

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