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$ 623,000
Est. payment /mo
Price Dropped by $71K
201 N Main Street Elkader, IA 52043
6,956 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 6,956 sqft
Price per Sqft $89
MLS Listing ID 202503102
Annual Tax Amount $4,142
Tax Year 2024
Lot Size 6,098 Sqft
Property Sub-Type Mixed Use
Property Description
Own a piece of Elkader's charm in this historic building operating as a retail/cafe and 4 short term overnight suites on the second floor. Completely remodeled. All new utilities and furnishings. Located on a prominent corner just steps from the Turkey River. Purchase as is, or divide the main floor space into two storefronts to create even more revenue sources. Upstairs, the four fully furnished units short term rental units generate steady income and attract travelers seeking comfort, character, and access to the area's scenic beauty. Guests and patrons alike enjoy walking to restaurants, shops, the Opera House, and the iconic Keystone Bridge. From kayaking and fishing on the river to hiking the Driftless Region, adventure is at your doorstep. A turnkey opportunity combining income, location, and small-town charm Located on the northwest corner of N Main St. and Cedar St. If buyer purchases as a turnkey business all items are negotiable. Two websites, all furnishings, linens, towels, kitchenware will remain with the 2nd floor suites. Pre-qualified buyers with lender approved paperwork. Upon implemented NDA, sellers will release income and sales figures. Business websites: https://goldfinchsuites.com https://gearelkader.com
Location
State IA
Schools
School District Other/Outside Area
Listed by Keller Williams Legacy Group