This commercial building in downtown Williamsburg presents an exciting investment opportunity with its prime location on the square and immense potential for various uses. The property features two store fronts on the main level, currently housing a barbershop and a chiropractic office, totaling 3200 square feet. This setup offers immediate income generation from existing businesses. The upper level of the building presents a blank canvas with limitless possibilities, allowing for customization and expansion based on your vision and requirements. Moreover, the availability of a potential grant, subject to approval, presents an additional advantage for prospective investors, providing financial assistance that can aid in renovations, upgrades, or other improvements to enhance the property's overall appeal and functionality. The lower level offers ample space for storage. This affordable commercial building in downtown Williamsburg offers a strategic location, existing rental income, versatile spaces, and the potential for expansion and customization.
Explore this exceptional income-producing investment opportunity in the heart of the vibrant community of Williamsburg. Boasting over 5,300 square feet of space and strategically located on a corner lot in the bustling downtown district, this property offers immense potential for entrepreneurs and investors alike. EXTENSIVELY renovated in 2022, this property has been updated to offer a modern and accommodating environment for businesses and tenants. Currently, the property features four leased spaces for businesses, two garages rented for storage, and a FULLY FURNISHED apartment utilized as an Airbnb. The apartment includes two bedrooms, a full bathroom with stand-up shower, and essential appliances, including a stackable washer and dryer that were newly installed in 2023. This cozy living space provides a comfortable and convenient retreat for guests, making it a sought-after choice for short-term rentals. With its diverse income streams, prime location, and recent renovations, this property represents a compelling investment opportunity. Whether you are looking to expand your portfolio, generate passive income, or capitalize on the thriving local market, this property is a must-see that promises both versatility and profitability. Don't miss out on the chance to own this exceptional income-generating asset in the heart of Williamsburg's dynamic downtown district.
The median home value in Williamsburg, IA is $249,081. This is higher than the county median home value of $192,300. The national median home value is $338,100. The average price of homes sold in Williamsburg, IA is $249,081. Approximately 62.43% of Williamsburg homes are owned, compared to 37.57% rented, while 0% are vacant. Williamsburg 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 Williamsburg real estate agent to arrange a tour today!
Williamsburg, Iowa has a population of 3,322. Williamsburg is less family-centric than the surrounding county with 27.46% of the households containing married families with children. The county average for households married with children is 27.51%.
The median household income in Williamsburg, Iowa is $72,083. The median household income for the surrounding county is $64,720 compared to the national median of $69,021. The median age of people living in Williamsburg is 38.2 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 10.2 degrees. The average rainfall is approximately 36 inches per year, with 27.1 inches of snow per year.