Prime Investment Opportunity â?? Versatile 4,945 Sq. Ft. Dual-Space Building with Income Potential Discover an exceptional investment property in this expansive 4,945 sq. ft. building featuring a modernized facade and brand-new front windows, enhancing curb appeal and energy efficiency. This unique property is divided into two separate, fully-leased units, each tenant handling their own utilities, ensuring simplified ownership and minimal maintenance responsibilities. The current tenants enjoy private entrances and spacious layouts suitable for various business needs, making this building adaptable to long-term commercial tenants or other income-producing uses. A highlight of this property is the unfinished upper level, a blank canvas offering limitless possibilities. Envision transforming this substantial space into loft-style apartments, adding valuable rental income, or converting it into a stylish event venue to tap into the thriving events market. With high ceilings, plenty of natural light, and flexible zoning options, the upstairs can be tailored to suit the buyer's vision, maximizing the building's full potential. Whether you're an investor seeking a stable rental property with room for growth or an entrepreneur with a creative touch, this versatile building offers immediate income with opportunities for substantial returns. Donâ??t miss the chance to own this exceptional property, a perfect blend of contemporary appeal and untapped potential in a prime location.
New Reduced Price! Introducing and exceptional commercial property in the heart of West Point, Iowa. This two-story gem strategically positioned on the west side of the square, boasts high visibility in a bustling traffic area. Zoned commercial use, the property features a newer roof, meticulously tuckpointed exterior, updated furnace, and on-demand water heater. With vinyl replacement windows enhancing energy efficiency, the building offers a versatile layout suitable for a myriad of commercial uses or the exciting potential for a multi-single-family unit transformation. Enjoy great curb appeal accentuated by a landscaped patio area and a charming decorative fence. Don't miss the chance to make this prime commercial space yours - an investment opportunity like this is a rare find and sure to attract keen interest!
The median home value in West Point, IA is $227,500. This is higher than the county median home value of $112,200. The national median home value is $338,100. The average price of homes sold in West Point, IA is $227,500. Approximately 70.12% of West Point homes are owned, compared to 18.39% rented, while 11.49% are vacant. West Point real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a West Point real estate agent to arrange a tour today!
West Point, Iowa has a population of 820. West Point is more family-centric than the surrounding county with 38.76% of the households containing married families with children. The county average for households married with children is 24.31%.
The median household income in West Point, Iowa is $52,689. The median household income for the surrounding county is $54,258 compared to the national median of $69,021. The median age of people living in West Point is 43.1 years.
The average high temperature in July is 86.2 degrees, with an average low temperature in January of 16.2 degrees. The average rainfall is approximately 39 inches per year, with 23.4 inches of snow per year.