Kurt Johnson
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
This charming commercial property in the heart of DeWitt has been meticulously renovated down to the studs, offering a like-new feel and modern infrastructure. Benefit from significant upgrades including a new roof, siding, windows, plumbing, and electrical systems, ensuring years of worry-free ownership. Summit Cafe: A local favorite, drawing consistent foot traffic.Grounded: A Wellness Studio: Catering to the growing health and wellness community. The current tenants Leases expire 1/31/2026, providing flexibility for a new owner. This presents an excellent opportunity for an investor to set new lease terms or for an owner-operator to occupy a portion of the property. Ideal Location: Situated in the welcoming and growing city of DeWitt, recognized as the fastest-growing city in Clinton County. DeWitt benefits from its strategic position at the intersection of U.S. Highways 30 and 61, making it a convenient destination and a hub of local commerce. This property offers a unique opportunity for investors seeking immediate rental income or for an entrepreneur looking to establish or expand their business in a vibrant community with existing cash flow.Don't miss this exceptional opportunity to own a completely updated commercial property with established income potential in the thriving community of DeWitt, Iowa.
Property Highlights
Property Type: Commercial - Retail
General Information
County: Clinton
Listed By:
Cornerstone Partners QC - Real Broker, LLC
563-424-3499
MRED MLS
MLS ID: QC4263159
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719 11th Street, DeWitt, IA 52742.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $275,000 | $275,000 | $275,000 |
| Down Payment | $55,000 | $9,625 | $68,750 |
| Monthly Mortgage Amount | $1,319 | $1,619 | $1,685 |
| Taxes | $383 | $383 | $383 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $121 | $0 |
| Monthly Estimated Total | $1,802 | $2,223 | $2,168 |
Kurt Johnson
REALTOR®
Office: (563) 441-5038
Cell: (563) 343-0675
Licensed in IA & IL
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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