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Property Description

Attention Investors! This solid brick corner building on the main downtown street in Shenandoah, Iowa offers the potential of 3 commercial units and 6 residential units. This 6,900 square foot building is professionally managed by a full-service management company and has 4 beautiful leased loft apartments, 1 leased restaurant, 1 unoccupied fully-equipped cafe and 1 large unoccupied commercial unit. There is potentional for 2 additional loft apartments. The numbers make sense on this investment! Call now to discuss and set up an appointment to view.

Features
None
Forced Air
Central Air
Full, Unfinished
None
On Street
Mixed Use
Carpet, Tile, Wood
City Sewer/Connected
Electric Separate, Heating Separate
Double Pane Windows
Appliances
Refrigerator, Dishwasher, Washer, Dryer, Electric Water Heater
Address Map
US
IA
Page
Shenandoah
51601
Sheridan
500
Avenue
W96° 37' 43''
N40° 45' 56.5''
From the intersection of Hwy 2 and Hwy 59, take Hwy 59 North to Sheridan Avenue. Turn Right (East) on Sheridan Ave. Continue approximately .6 miles. Property will be on the right after the intersection of Sheridan Ave and N Blossom Street.
W
Additional Information
75X100
Public
350000
Diversified,Grocery,Lounge/Bar,Rest/Lounge,Restaurant,Retail,Services
8
None
Other, Restaurant
Frame, Brick, Wood Siding
Laundry,Deck
Financial
3464
Listing Information
219483
28038
Cash,Conventional
Pending
2025-07-03T01:01:35Z
NoCoast

500 W Sheridan Avenue, Shenandoah, Iowa 51601

Commercial Sale For Sale

0.17 Acre
$350,000
Listing ID #6325308
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 6325308
Price : $350,000
Year Built : 1890
Lot Area : 0.17 Acre
Status : Pending
Office Name : Rubey Realty
Roof : Rubber, Flat
Contact Us
Address
704 W US Highway 30
Carroll, IA 51401
Property