Real estate

111 2nd, Stuart, Iowa 50250

Property Information

 25

Property Details

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 1,500 sqft. $31.5k in income now, potential to more than double. Recent elevator permit, updated HVAC units. Combination Colonial & Romanesque Revival architecture makes it Stuart’s most iconic building and a fun place to be.

General Information

Beds 0 Bed
House Size Sq Ft
Price $315,000
Property Type Commercial
Status Active
Listing Agent Matthew Grohe
Baths 0.00 Bath
Lot Size Sq Ft Lot
Year Built 1894
Style
Garage

$315,000

111 2nd, Stuart, Iowa 50250

Property Type: Residential

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