401 Main Street, Colo, IA 50056
Located in the heart of historic Colo. USPS Lease has been renewed for another five years at $875 per month. Many other possibilities exist to add commercial and/or residential units on the first and second levels.New roof and boiler (2015), new front door and frame (2016) and some replacement windows (2020).In addition to the Post Office on the main level is a one bedroom apartment. The second level was previously used by a private club/lodge and contains two over-sized rooms and a kitchenette.Seller reported operating expenses: Property Insurance-- $705 per year, Utilities-- $1900 per year.Any radon testing is for Buyer's knowledge only. The Seller will not participate in any Radon remediation.
Listing courtesy of
Hunziker & Assoc.-Ames
MLS #:
64581
Year Built:
1914
Lot Size:
0.06 Acres
Monthly payments are estimates based on current market rates for a 30-year fixed mortgage with 20% down and 5.0% interest. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.