Fully leased and income-producing commercial property in a prominent Altoona location! All four spaces at 307 8th St SW are currently leased. The building fronts 8th Street, across from Hy-Vee and near Walgreens. According to the Polk County Assessor, this multi-tenant building offers 6,320 sq ft of ground-floor space plus a 480 sq ft finished basement. The main parcel is approximately 0.688 acres and zoned C-2 General Commercial; an adjoining parcel is also included in the sale. The roof and front facade are approximately 3 years old, and new front exterior lights were just installed. With four leased spaces, a visible location and two parcels included, this is an opportunity to add a commercial asset to your portfolio. Buyer to verify lease terms, income, square footage, zoning, permitted uses and parcel boundaries.
Altoona is located in Iowa. Altoona, Iowa has a population of 19,345. Altoona is more family-centric than the surrounding county with 35.14% of the households containing married families with children. The county average for households married with children is 34.53%.
The median household income in Altoona, Iowa is $83,514. The median household income for the surrounding county is $73,015 compared to the national median of $69,021. The median age of people living in Altoona is 36.2 years.
The average high temperature in July is 85.5 degrees, with an average low temperature in January of 12.2 degrees. The average rainfall is approximately 36 inches per year, with 33.7 inches of snow per year.
