Rare value-add redevelopment opportunity with major upside potential. Situated on approximately 3.5 acres, this former motel property offers the ideal setup for an apartment conversion, workforce housing project, extended stay concept, or mixed-use redevelopment. The existing layout creates an opportunity to reposition the asset into income-producing multifamily units while leveraging the large site for future expansion, additional amenities, storage, parking, or new construction opportunities. Strong demand for affordable housing and rentals in the area makes this a compelling play for investors, developers, and operators looking for forced appreciation. In addition to the redevelopment parcel, the offering includes another parcel generating supplemental income, creating immediate cash flow while plans and improvements are underway.
Booming opportunity for this multi use building! This 60' x 56' pole barn structure offers 18' side walls with (2) 16' x 20' overhead doors as well as concrete throughout the entire building. Along the west side of the building is a 18' x 88' concrete slap a person could use for additional storage or a start to a new structure. Currently zoned as commercial opens the door to multiple options.
Prime commercial location on the south edge of Bloomfield located at the junction of Hwy 63 and Hwy 2 with a daily traffic county of 4840. This property consists of 1.81 acres with utilities onsite. This property is Agent owned.
Fantastic opportunity for investors on the historic Bloomfield square! This property has multiple revenue streams with four apartments, a commercial rental space and the only laundromat in town! Going up the newly replaced stairway to find four apartments, two of which overlook the beautiful Davis County courthouse. A 3, 2 and 1 bedroom apartment, as well as a studio apartment, provide flexibility to meet tenants housing needs. The commercial space, which is currently leased, has a large storefront, an area used for kitchen prep, an office and a half bath, as well as storage space in the back. The laundromat includes both Dexter and Whirlpool commercial washers and dryers. This is the only laundromat in Davis County! Several updates have been made throughout this property. With multiple revenue streams, recent updates, and prime location, this property is a rare find for investors.
Prime investment opportunity! This 12-unit apartment complex, situated on nearly 1.25 acres, has been recently renovated with new siding, roof, and solar panels for added efficiency. Featuring a mix of 3-bedroom, 2-bedroom, 1-bedroom, and studio apartments, each unit offers updated kitchens with appliances included and access to onsite coin-operated laundry. The property also includes an adjacent lot with additional side-street access, providing room for future expansion. Don’t miss this chance to own a strong income-producing property with long-term potential.
2 commercial buildings on the NW Corner of the Bloomfield square. The downstairs retail portion is vacant and needs to be renovated. Lots of potential for Retail, Restaurant or Office use. There are 3 apartments upstairs that have been completely renovated 7 years ago. Fully rented and a $1675 monthly income with a 99% yearly occupancy rate. 1 studio, 2-2 bedroom units, each with 1 bath. Includes all appliances with the sale. Stoves, Refrigerators, Microwaves, Washers and Dryers. There is also alley access to the back of both buildings. Owner would consider selling the buildings separately at $100,000 apiece. Let your upstairs tenant make your payments while you have a business of your own downstairs!!
PRICE IMPROVEMENT!! Don't miss this exceptional opportunity!!! Whether you're an investor or have always aspired to start your own business. This is a prime chance to acquire a well-established business and building in Bloomfield, Iowa. Located on the west side of the square, it boasts a spacious retail area and two upstairs apartments, with separate meters currently rented at $1,500 per month. This solid structure lends itself to various business ideas, currently operating as a flower shop, with a state inspected kitchen that housed a coffee shop, offering potential for additional leasing opportunities. Notably, this property presents multiple revenue streams, ensuring a substantial return on investment. The current owner and staff have expressed interest in remaining on board to train new buyers. The owner will sell just the building without the flower shop for $269,900. To schedule a private viewing, please contact First Class Listing Agents Jared Williams at 660-216-3722 or Mary Williams at 660-734-0506
Albert Wright Page, License B62241000, Xome Inc., License FO5635000, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
Listings courtesy of NoCoast MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Bloomfield is located in Iowa. Bloomfield, Iowa has a population of 2,665. Bloomfield is less family-centric than the surrounding county with 31.54% of the households containing married families with children. The county average for households married with children is 38.26%.
The median household income in Bloomfield, Iowa is $55,156. The median household income for the surrounding county is $76,755 compared to the national median of $69,021. The median age of people living in Bloomfield is 40.5 years.
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 13.9 degrees. The average rainfall is approximately 40.1 inches per year, with 22.9 inches of snow per year.
