131 3RD ST, Underwood, IA 51576
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131 3RD ST, Underwood, IA 51576
131 3RD ST, Underwood, IA 51576
131 3RD ST, Underwood, IA 51576
131 3RD ST, Underwood, IA 51576
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Listed by Shelly Jager Better Homes and Gardens Real Estate The Good Life Group
$ 320,000
Est. payment /mo
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131 3RD ST Underwood, IA 51576

2,268 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 2,268 sqft

Price per Sqft $141

MLS Listing ID 26-553

Year Built 2022

Property Sub-Type Real Estate Only

Source Southwest Iowa Association of REALTORS®

Land Area 2268

Property Description

Excellent opportunity to own a commercial property in Underwood, Ia , featuring three seperate established tenants in place, which include a coffee shop, bakery and event center. These tenants provide $39,060 in annual rental income, offering an attractive income-producing addition to your investment portfolio. Surrounded by existing local businesses, the property benefits from consistent traffic and community
engagement. Coffe shop and bakery buildings were built in 2022 and the venue is a unique silo that entertains up to 88 people, was built in 2025. Low maintenance adds to
the benifits of owning this investment. Tenants pay all utilities except trash. This unique commercial property presents an exceptional opportunity to own income -producing real estate with established tenants.

Location

State IA

County Pottawattamie

Interior

Heating Electric

Cooling Ductless A/C

Exterior

Utilities Available Sewer Connected, Electricity Connected

Roof Type Flat,Metal

Building

Foundation Slab


Cynthia Robirds

Cynthia Robirds

Agent

+1(402) 686-3996

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131 3RD ST