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11 Benton Avenue E Albia, IA 52531 Commercial - Retail

  • 11 Benton Avenue E, Albia, IA 52531 Main Photo

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Description

Beautiful Historic Building & Turn-Key Business Opportunity on Albia Square Discover a rare opportunity to own a stunning historic building with a turn-key business setup on the north side of Albia Square. Offering approximately 7,040 square feet of usable space, this versatile property allows you the freedom to bring your vision to life. Previously operated as a restaurant, bar, and meeting space, the building is well-suited for a wide range of possibilities, including a restaurant or bar, retail space, professional offices, meeting or wedding venue, event center, spa, or even potential conversion into suites or apartments. The sale includes all existing contents, featuring commercial kitchen equipment, tables, chairs, and more?making this a true plug-and-play opportunity. Guests will appreciate the charm of the private courtyard, ideal for special events and outdoor seating. For year-round comfort, the building is equipped with four furnaces and four central air units. With its prime location, unique character, and endless potential, this property stands out as one of Albia Square's most exciting offerings. Don't miss your chance to own a one-of-a-kind building with history, charm, and opportunity. Schedule a showing today and explore the possibilities.

Property Highlights

Property Type: Commercial - Retail
Year Built: 1889

General Information

County: Monroe
Listed By:
Real McCoy Realty LLC 641-799-4450
No Coast MLS
$289,000
Est. $1,926/mo
Active
MLS#6334992
STATUS PROPERTY TYPECommercial - Retail

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Ruhl&Ruhl Realtors
563.441.1776

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11 Benton Avenue E, Albia, IA 52531.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $289,000$289,000$289,000
Down Payment $57,800$10,115$72,250
Monthly Mortgage Amount $1,424$1,747$1,785
Taxes $402$402$402
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$127$0
Monthly Estimated Total $1,926$2,376$2,287

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