405 Chestnut Street, Atlantic, IA 50022
sale
$99,900
|
Other
Courtesy Of Meyer and Gross Real Estate Company
Investment opportunity in the heart of historic downtown Atlantic! This well-maintained commercial building is an excellent addition to any investment portfolio, featuring a long-term tenant with a strong lease in place for immediate rental income. Located in an attractive and vibrant downtown district there is street parking in the front and 2-3 private parking spaces in back. Current lease runs through September 30, 2029. New roof on the rear addition in September 2026.
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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Architecture Style: Other
- Building Units: 1
- Cooling System: Central Air
- Exterior Type: Brick
- Heating System: Forced Air
- Legal Description: LOT 3 (EXC E4/7 OF N1/50) BLK 28
- MLSID: 6341854
- Roof Type: Rubber
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