Matt Grohe, Realtor

Matt Grohe, Realtor®


Serving Polk, Dallas, Jasper, Madison and Warren counties

Matt is licensed in Iowa
Each office indenpendently owned and operated




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Stuart IA Clocktower Building

Stuart IA Clocktower Building

111 NW 2nd St Stuart IA
$315,000

New Price

LISTED BY


 
Matt Grohe
ABR, CBR, CSP, GRI, CRS
Phone: 515-271-8999
Cell: 515-988-3726


Historic clock tower building in Stuart offers a mix of retail, office space and loft apartments. With potentially ten rentable units plus 4,230 sqft clean, functional basement w/repoured slab, this building is well placed to capitalize on Stuarts growth. Built as the Masonic Temple in 1894 the building underwent a major renovation in 1997 adding an elevator from the basement to 3rd floor and converting the top three units to lofts. Vintage fixtures, trim work and stained glass accent modern updates. 1st floor/street level retail space includes: 3000 sq. ft retail, 500 sf office, 500 sf residential efficiency. 2F has currently leased office space w/ several openings. 3F has 3 beautifully remodeled loft style units: Front has 3,000 sqft, 2nd unit has 1,600 sqft, 3rd unit has 1,500 sqft, potential for up $100k in income, $31.5k now. Recent elevator permit, updated HVAC units. Combination Colonial & Romanesque Revival architecture makes it Stuartís most iconic building and a fun place to be. Call or text Matt Grohe at 515-988-3726 for more details or a showing today.

Year Built 1894
Lot Size: .12 acres / 5264
Taxes: 8472
# of Units: 10