This historical building, built in the early 1900s, has so much history and is a testament to the fine craftsmanship back in the days! The two newer additions were built in 2006 and 2007 with the total square footage of 2650 square feet, there's so many business opportunities which could be the beginning of your self-sustaining future! Most recently it has been a sandwich and coffee shop with retail sales but the possibilities are endless for what this building could be utilized, as an office, a retail store, food service; the possibilities are endless. With a little craftsmanship, an apartment or two could be modeled or a bed and breakfast type of facility. This beautiful brick building, in the heart of the city, is in excellent shape and will be ready for new ownership January 1 2027.
This 8-Plex Apartment Building is a great investment property in Mount Ayr, IA. Exterior Covered Entrance to Upper apartments and Garden Level units. Brick / Vinyl Siding Exterior, 12 spaces-open parking, green space. 4 Units -Two Bedroom/1 Bath and 4 Units -One Bedroom/1 Bath apartments. All Electric Baseboard heat, Window Air Conditioner, Water and Trash removal included. Coin op Laundry facilities on site. New Roof, Siding, Gutters and Soffits 2025.
Investment Opportunity in Mount Ayr, Iowa! Discover the potential of this exceptional income-producing property featuring a 12-unit apartment complex, commercial office space, and over 2 acres of prime commercial real estate in a highly visible location along Highway 2. All apartment units offer 2 bedrooms, 1 bathroom, and in-unit laundry, providing desirable amenities for tenants. The commercial space is currently occupied by a medical office and offers additional room for expansion or the addition of other businesses. With over 2 acres of land, this property presents an excellent opportunity for future development, including additional rental units or commercial improvements to maximize income potential. Strategically located on Highway 2, the property benefits from strong traffic exposure and easy accessibility, making it an attractive investment for both residential and commercial tenants. Contact the listing agent today for additional details and financial information.
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.
Mount Ayr is located in Iowa. Mount Ayr, Iowa has a population of 1,832. Mount Ayr is less family-centric than the surrounding county with 23.77% of the households containing married families with children. The county average for households married with children is 31.29%.
The median household income in Mount Ayr, Iowa is $46,125. The median household income for the surrounding county is $57,700 compared to the national median of $69,021. The median age of people living in Mount Ayr is 44.1 years.
The average high temperature in July is 85 degrees, with an average low temperature in January of 12.7 degrees. The average rainfall is approximately 36.6 inches per year, with 20.1 inches of snow per year.
