1406-1408 Walnut St
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1406-1408 Walnut St
2 Unit Block of Flats £354,465 (£177,232/Unit) Dallas Center, IA 50063
Executive Summary
Calling all investors! With 8,800 finished sf of retail/multifamily, don't miss this great income property in the heart of Dallas Center. Both commercial bays are fully leased and include 2,200 sf each. Below Board & Batten, you'll find an additional 2,200 sf Speakeasy you won't want to miss. Earn extra income just up the stairs with two 1bd/1ba and two 3bd/1ba residential apartments. Call today to schedule your own private tour.
Agent Remarks:
*TENANTS REQUIRE 24 HOURS NOTICE FOR ALL SHOWINGS* 2 out of the 4 apartment units are currently being rented month to month. Both commercial spaces are rented on 3 year terms. All leases are attached to the MLS. 3 apartment units can be accessed from the NW side of the building and the 4th unit can be accessed from the back of the building. Board and Batten hours are Sun-Wed 12-8pm, Thurs-Fri 12-10pm and Sat 9am-10pm. Please schedule commercial showings during those hours. No church showings on Sunday mornings before 12pm. Contact listing agent for rent roll and copy of existing leases.
Agent Remarks:
*TENANTS REQUIRE 24 HOURS NOTICE FOR ALL SHOWINGS* 2 out of the 4 apartment units are currently being rented month to month. Both commercial spaces are rented on 3 year terms. All leases are attached to the MLS. 3 apartment units can be accessed from the NW side of the building and the 4th unit can be accessed from the back of the building. Board and Batten hours are Sun-Wed 12-8pm, Thurs-Fri 12-10pm and Sat 9am-10pm. Please schedule commercial showings during those hours. No church showings on Sunday mornings before 12pm. Contact listing agent for rent roll and copy of existing leases.
Property Facts
| Price | £354,465 | Building Class | C |
| Price Per Unit | £177,232 | Lot Size | 0.07 AC |
| Sale Type | Investment | Building Size | 8,800 SF |
| No. Units | 2 | Number of Floors | 2 |
| Property Type | Residential | Year Built | 1898 |
| Property Subtype | Apartment | Parking Ratio | 4.32/1,000 SF |
| Apartment Style | Low Rise |
| Price | £354,465 |
| Price Per Unit | £177,232 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 8,800 SF |
| Number of Floors | 2 |
| Year Built | 1898 |
| Parking Ratio | 4.32/1,000 SF |
Unit Amenities
- Air Conditioning
- Microwave
- Washer/Dryer
- Heating
- Sprinkler System
Site Amenities
- 24 Hour Access
- Smoke Free
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zoning
| Zoning Code | MF (Multifamily) |
| MF (Multifamily) |
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JLN Realty Company
1406-1408 Walnut St
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