Home / 719 2nd Avenue Spencer, IA 51301

719 2nd Avenue IA 51301

$425,000
Status Active Contingent-CTS
MLS# 231371
Baths N/A
Beds N/A
Type Commercial
Style
Stories
Year Built 1948
Active Contingent-CTS

Unlock Your Entrepreneurial Future with C's Liquor Store in Spencer, Iowa! Seize this exceptional opportunity to acquire a thriving liquor store business and its building. The main floor features a successful drive-thru operation, a private office, a storage room, and two half-baths, providing everything you need for seamless business management. Above, discover an exclusive 5-bedroom loft, perfect for owner occupancy or rental income, adding significant value to your investment. While the building offers great potential, it may require some updates and maintenance, allowing you to customize it to your vision. This property is ideal for investors or entrepreneurs looking to expand or diversify their portfolios. With the drive-thru feature enhancing customer convenience, you’re set to boost profitability from day one. Don’t miss your chance to enter this turnkey operation with the negotiable inventory. You need a verified letter from your bank and a signed NDA, including a non-compete, to view the property and owner's financials.

Legal: LOT:1,2 CITY/MUNI/TWP:SPENCER INC SPENCER UR #1 SUBD:RAILWAY 1ST ADDITION SEC/TWN/RNG/MER:SEC 7 TWN 96N RNG 36W TR 71'X 109.07' IN TR 71'X 109.07' IN LOTS 1 & 2 E OF RR LOTS 1 & 2 E OF RR 16 1ST RY 16 1ST

PROPERTY INFORMATION

  • 231371 MLS #
  • $425,000 List Price
  • Sale Category
  • Mixed Use Sub Type
  • COMMERCIAL Property Type
  • 719 2nd Avenue W Address
  • Spencer City
  • IA State
  • 51301 Postal Code
  • 3840 SQFT
  • 1960 Taxes
  • 2022 Tax Year
  • 1948 Year Built

UTILITIES

  • No Fireplace

LISTED BY

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Loan Amount : $340000
Monthly Payment : $2038.47

719 2nd Avenue (MLS # 231371) is a property located in Spencer, IA. MLS# 231371 is a Commercial which has N/A bedrooms, N/A bathrooms, is 3840 sqft and listed with a price $425,000 on Bojihomes.com. 719 2nd Avenue is situated in the area of the Iowa Great Lakes located in Northwest IA. Find detailed information about 719 2nd Avenue, Spencer, IA 51301 including interior & exterior features, photos, as well as community and market stats for Spencer, IA. Contact RE/MAX Lakes Realty at to receive personalized Spencer, IA real estate service. He will provide you information and key facts based on years of knowledge and experience, about 719 2nd Avenue, Spencer, IA 51301. RE/MAX Lakes Realty will also provide you with a comparative market analysis (CMA) for similar homes for Sale in Spencer, IA. Explore 116 more homes for Sale in Spencer as well as 116 more properties for Sale in 51301 using Bojihomes.com MLS Search of off lake homes for East Lake, West Lake, and Big Spirit Lake..