About this property

For sale in downtown Knoxville, Iowa, this well-maintained commercial building offers a fantastic investment opportunity. The property features a thriving commercial space on the ground floor, currently leased by a long-term tenant, ensuring immediate income potential. Upstairs, you'll find a cozy 1-bedroom apartment, also occupied by a tenant, providing additional rental income. Additionally, a 25’x 50’ metal storage building at the back of the property has a garage door and sliding door for any storage needs. The building is equipped with power. Downtown Knoxville has seen its share of updates in recent years with infrastructure projects, CBDG grant projects and façade grants available through the City of Knoxville. Fiber optic internet service is also available With its prime downtown location, consistent rental history, and solid structure, this property is a perfect addition to your investment portfolio. Don’t miss out on this opportunity to own a mixed-use building in bustling downtown Knoxville!

Features and Additional Information