110 4th Street #2-7, Spencer, IA 51301

General Description

Iconic Spencer Office Property is now available for you to own. This offering includes units 2 -7 of the Arnold Building consisting of approximately 9339 sq ft of useable space. That means this portion of the building is listed at less than $42 per square foot! The entire useable upstairs of approximately 5593 sq ft & part of the main level (approximately 3746 sq ft currently leased to Iowa State Extension) are all part of the sale. The second level is accessed via either stairs or an up to date & inspected elevator. There are current tenants in a large share of the space generating income on day one. A few offices are currently available for lease that could be used by an owner/operator on day one or lease the space for even more income. The east, off-street parking is shared with the owner of Unit 1 and provides extensive extra parking space for the whole building. This is a solid, quiet, and large property that rarely comes for sale. Bring your ideas because this opportunity is waiting for you!

Legal: 1-4 1 L&H & TRI TR IN 1 AUD PLAT 2 UNITS 2-7 ARNOLD BUILDING OFFICE CONDOMINIUMS (Note: Not to be used on legal documents)