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401 Main Street Colo, IA $ 65,000
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$ 65,000 Get more info
401 Main Street
$ 65,000
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401 Main Street

Colo, IA, 50056
$ 65,000
Baths0.0 Sq 2,500

Monthly Estimate*

$ 432

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Studio

Commercial Property for sale in Colo, IA

for $65,000. This 2,500 square foot building was built in 1914 on a lot size of 0.06.

Located in the heart of historic Colo. USPS Lease has been renewed for another five years at $875 per month. Many other possibilities exist to add commercial and/or residential units on the first and second levels.New roof and boiler (2015), new front door and frame (2016) and some replacement windows (2020).In addition to the Post Office on the main level is a one bedroom apartment. The second level was previously used by a private club/lodge and contains two over-sized rooms and a kitchenette.Seller reported operating expenses: Property Insurance-- $705 per year, Utilities-- $1900 per year.Any radon testing is for Buyer's knowledge only. The Seller will not participate in any Radon remediation.

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Commercial Active

Price

$ 65,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 561

Style

Commercial

Lot Size

0.06

Year Built

1914

Town/City

Colo

County/Region

Story

MLS | Web ID

64581
Features
General
Sewer Public
Construction Masonry/Concrete Wood
Heating Hot Water
Cooling Central Air
Ceiling Height Varied Heights
Possession As Agreed
Roof Flat Rubber
Water Public
Zoning Commercial
HOA 0.00
Year Built 1914
Electric City
Stories 2.0
County Story
Type Commercial
Business Type Professional/Office
Age 51+ Years
Property Type C
Terms Cash
Days on Market 32
City Colo
Street Name Main
Coming Soon Located in the heart of historic Colo. USPS Lease has been renewed for another five years at $875 per month. Many other possibilities exist to add commercial and/or residential units on the first a
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Exterior
Foundation Brick
Parking Spaces 1 - 5 Spaces
Acres 0.06
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Interior
Flooring Carpet Hardwood Tile
Total Number of Units 1
Street Suffix Street
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* Excluded Features
List By
Paul Livingston

Listing Agent

Hunziker & Assoc.-Ames

Broker

paul@hunziker.com

Email

Affordability Calculator

$479
Per Month
90%
10%
0%
Monthly Principal & Interest
$432
Monthly Property Taxes
$47
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1415598 Elementary School
1415489 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/29/2024$65,000 Listed Price

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401 Main Street, Colo, IA, 50056 is a Commercial Property for sale at $65,000 with 2,500 sqft and a lot size of 0.06. 401 Main Street is a studio with 0.0 baths and was built in 1914. The property's zip code is 50056 which is in Colo, IA

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