606-610 9Th Street, Fort Madison, IA 52627
Lee County
Key Facts
Description
Commercial Versatility Meets Vintage Charm: Unlock incredible potential with this versatile mixed-use building, perfect for an owner-user or a savvy investor. The ground floor features three flexible storefronts that can be used as one expansive anchor space or easily divided into separate rentals. The interior boasts a mix of cement and refinished hardwood floors, highlighted by an authentic pressed tin ceiling in one unit. With brand-new Goodman gas forced-air furnaces, central air, and some updated storefront windows, the heavy mechanical lifting is already complete. Above the retail/office space, four one-bedroom apartments offer a massive value-add opportunity. These "retro-cool" units are brimming with character, featuring original clawfoot tubs. Whether you’re looking to launch a business or renovate the upper level for rental income, this property is for you!
Property Information
Property Type
Commercial Sale
Style
Mixed Use
Year Built
1900
Lot Size
11.00 acres
Lot Dimensions
97x50
Days on Market
2
MLS® Listing#
6338360
Property Features
Cooling
Heating
Parking
Construction
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$2,244
Tax year 2024
Parcel Number
024715031590030
Directions
Between Ave F & Ave G on 9th Street (East Side) across from Pilot Grove Savings Bank
Affordability Calculator
$19,000
Estimated monthly payment
$506/mo
Principal $76,000 · Est. interest $106,027 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Fort Madison, IA
- 69
- Median Days on Market
- 1,581
- Median Sq Ft
- $118
- Median Price / Sq Ft
- 134
- Active Listings
Market statistics compiled from active EXIT Realty® and MLS listings in Fort Madison, IA.
Location
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Points of Interest in Fort Madison, IA
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 527 South 15th Street, Fort Dodge, IA | $67,500 | 3 | 1 | 1,090 |
| 1217 S 26th Street, Fort Dodge, IA | $69,000 | 1 | 1 | 748 |
| 1627 Ave G, Fort Madison, IA | $72,500 | 3 | 1 | 1,572 |
| 1200 S 20th St, Fort Dodge, IA | $74,500 | 1 | 1 | 937 |
| 816 S 16th Street, Fort Dodge, IA | $75,000 | 2 | 2 | 1,184 |
| 1704 11th Ave S, Fort Dodge, IA | $75,000 | 3 | 2 | 1,040 |
Moving Cost Estimate
EXIT Agents in Fort Madison
Listing Courtesy: Fraise Auction & Real Estate - 319-470-0115
Presented by: Corey Fraise