110 Iowa Ave Washington, IA 52353

For Sale
110 Iowa Ave
Washington IA, 52353
Price: $995,000
Type: Commercial
Sqft: 16768
Agent: Jeff Hazelett
Broker: Elliott Realty Group

INVESTMENT OPPORTUNITY. Own a piece of Washington history. Originally built in 1912 and has had many recent renovations and is in excellent condition. The building has appx. 16,768 sq. ft. above ground and is spread out over 5 floors. The bank currently utilizes the main level and 2nd floor which is appx. 8,056 sq. ft. and features 8 individual offices, a large conference room, bathrooms, a breakroom, and a large open area that is currently the teller area. A full usable basement is below. Floors 3, 4, and 5 are currently rented and will generate $76,800 starting July 1, 2022. The three floors have a total of 17 offices and all feature a conference room, rest rooms, and break areas. This building inside and out would be considered in excellent condition and the location is an “A” location as it sits on the NE corner of the down town square. Current tenants utilize floors 3,4,5. Call listing agent for income/expenses.