EXIT Unlimited
Listed by EXIT Unlimited
$149,000
308 NW 4th Avenue
Details
APN 1836429006
Property Type Retail, Office
Sub Type Storefront, Traditional Office
NOI $12,420
Year Built 1961
Acreage 0.160
Zoning Commercial
Parking Spaces spaces
Ceiling Height 0
Retail
Marketing description
Commercial building with easy accessibility in Cascade, IA. Features 3 offices, half bath, kitchenette, furnace room, entry area. Extensive remodel July 2025 included removal of remaining roof after storm. Added insulation and new PVC membrane roof, new insulation & drywall on interior walls, new electrical panel, updated plumbing and electrical, gut of kitchenette and bath areas and rebuild. New cabinets, new faucets and canned lighting in kitchen & bath. New LVP flooring and freshly repainted throughout. Room sizes are approximate. Building has been vacant. Expense figures are from 2024/2025 (utilities, grass, snow). All figures are per year. Income is projected.
Listing Contacts
EXIT Unlimited
Listed by EXIT Unlimited
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$12,420.00
$1,035.00/mo
Valuation Metrics
0
DSCR
8.34%
Cap Rate
8.34%
ROI
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