1300 2nd Streets Active

Perry,IA 50220

$ 115000

7 Beds

9 Baths

7020 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,020 sqft

Price per Sqft $16

MLS Listing ID 713311

Bedrooms 7

Full Baths 9

Year Built 1912

Annual Tax Amount $700

Property Description

Prime Mixed-Use Investment Opportunity in Downtown Perry! The FOXY THEATER is in the National Register of Historic Places.

Located at 1300 2nd Street, this expansive mixed-use property offers incredible redevelopment potential. The main level features 7,020 sq. ft. with two commercial spaces, while city-approved plans allow for the construction of seven residential units across both levels. Once fully developed, this property could offer up to 12,000 sq. ft. of commercial and residential space.

The building has been completely gutted, except for one completed apartment unit, providing a blank slate for investors and developers. Please note: there is currently no structural flooring, and a waiver must be signed before showings. A new roof was installed in 2024, adding long-term value to this project.

This is a rare opportunity to transform a historic downtown property into a thriving mixed-use destination!

Location

State IA

County Dallas

Area Perry

Zoning Com

Schools

School District Perry

Others

Monthly Total Fees $58

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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