1204 5th Street
Nevada, IA 50201

$395,000

  • 4
    Bedrooms
  • 3
    Bathrooms
  • 6,940
    Square Feet

Opportunity awaits at 1204 5th Street in Nevada, a unique and versatile property offering an incredible amount of space and possibilities in a highly visible location along Lincoln Highway. With nearly 6,800 square feet of finished space amongst all levels, multiple residential units, extensive garage space, and ample concrete parking, this property presents an exciting opportunity for an investor, business owner, or someone looking for a truly one-of-a-kind property. The expansive main level features a beautiful open wood staircase, accessible restroom, and flexible space that could accommodate a variety of office, retail, or other uses....read more Upstairs, the second level features two 2-bedroom apartments, providing an opportunity for rental income while utilizing the main level for another purpose. Both apartments have benefited from significant updates. The second floor also includes a shared laundry area and one unit has access to a rooftop deck. The property also includes a large finished basement with approximately 1,100 finished square feet, providing even more usable space for storage, operations, recreation, or other needs. Garage and parking space are another major highlight. The property features an approximately 1,000-square-foot attached garage with three overhead doors, along with an additional 525-square-foot detached garage. Combined with plenty of concrete parking, there is plenty of room for vehicles, equipment, tenants, etc.

Property Highlights

  • Cooling

    Central Air

  • Flooring

    Carpet, Hardwood, Vinyl

  • Heating

    Forced Air

  • Taxes

    $4,140 Taxes

  • Water

    Public

  • Year Built

    Built in 1900

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