231 & 233 1st Ave W
Cascade, IA

Excellent investment opportunity to Buy or Lease Commercial Space in downtown Cascade, Iowa! Listing includes two (2) separate buildings comprising of approximately 3,500 square feet of usable square footage on the main level, significant storage space in each basement, and two large 2nd story apartment units (one per building).

Buildings can be purchased together for $349,000, or individually for $174,500. Extensive renovations to both buildings with many new updates, including new central air conditioners, new windows and doors, a new boiler system in one building, new exterior siding, updated bathrooms, new flooring, and recently updated apartment units. Both apartments are currently leased, and the 1st floor Commercial space is currently home to Two Gingers’ Tavern.

Seller will also entertain offers to lease the 1st floor commercial space, which again includes the option to lease both buildings together or individually. Great real estate investment opportunity with the option to own the oldest and most established tavern in the thriving community of Cascade!

Contact us for more information or to schedule a tour.

Property Details

  • $349,000
    List Price

Presented By

Schlemme Real Estate

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