$1,000,000
1836&1840 MADISON Avenue
COUNCIL BLUFFS, IA 51503
MLS# 19-1416
Status: Closed
18856 sqft


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Property Description
FOR SALE- Madison Ave. Village To Include 1836 And 1840 Madison Ave. 1840 Is A Commercial Strip Mall Offers 11 Bays With All But 3 Bays Presently Leased. All Tenants Pay Their Owe Taxes, Electric, Water Yard Maint. And Garabage. 1836 Is A 2205 Bay And A 2067 Bay With A Lease To Dairy Queen. These Properties Include 1.68 Ac, In A Prime Location Off Of I-80 And Madison Ave.Please Call Listing Agent With Any Further Questions.

Details
Maps
Contract Information
Auction: No
Sale: For Sale
Bank Owned?: No
Agent Equity: No
Current Price: $1,000,000
Status: Closed
Listing Date: 2019-07-15
Sold Price: $1,000,000
General Property Description
Location: Strip Center
Leased: Multiple Tenants
Building Size: 10,001 - 20,000
Exchange: No
Bldg Expandable: Yes
Addl Land Availble: No
SF Manufacturing: 0
SF Warehouse: 0
SF Office: 0
SF Mezzanine: 0
SF Freezer: 96
SF Refrigerator: 21
SF Other: 0
Lrgst Cnt SF Lease: 18856
Lot Dimensions: 1.68 Ac.
Type of Property: Real Estate Only
Year Built: 1972
Tot Fnshd SF: 18856
Location, Tax & Legal
Located City/County: City
Legal: Bleu )x 1st Add Lt 2 Exc City And Blue Ox 1st Add Lt 3
Parcel No.: 7443 05 151 004 And 7443 05 151 003
Zoning: Comm.
Current REIDS Yr Pd: N/A
Insurance: 11,035
Assessed Value Bldg: 838900
Assessed Value Land: 698400
Area: Area 9
House #: 1836&1840
Street Name: MADISON
Street Suffix: Avenue
State/Province: IA
County: POTTAWATTAMIE
Zip Code: 51503
Remarks & Misc
Directions: I-80 And Madison Ave.
Office/Member Info
Net Taxes: 50508
Tax Year: 2017
Status Change Info
Type Of Financing: Conventional
Status Change Date: 2020-02-25
Under Contract Date: 2019-11-06
Sold Date: 2020-02-24
Sold Price: $1,000,000
Possession
At Closing: 1
Construction
Frame: 1
Roof
Other: 1
Terms
Sell In Entirety: 1
Potential Use
Lounge/Bar: 1
Medical: 1
Office: 1
Professional: 1
Restaurant: 1
Restaurant/Lounge: 1
Documents on File
Appraisal: 1
Legal Description: 1
Operation Statement: 1
Improved Structure
No: 1
Lease/Rent Includes
Tenant Pays Ins: 1
Tenant Pays Taxes: 1
Tenant Pays Water: 1
Trash Removal: 1
Parking
Parking Area: 1
Paved: 1
50 or More: 1
Number of Stories
One: 1
Floors
Carpet: 1
Conc Slab: 1
Floor Drains: 1
Tile: 1
Walls
Drywall: 1
Finished: 1
Insulated: 1
Utilities
Electricity: 1
Gas: 1
Sewer: 1
Water: 1
Foundation/Basement
Concrete: 1
Slab: 1
Heating/Cooling
Central Air: 1
Forced Air: 1
Natural Gas: 1
Misc Amenities
Other - See Remarks: 1
Ceiling Height
8': 1
Door Height
8': 1
Door Width
No - OHD: 1
Docks
None: 1
Mortgage Info
Gross Taxes: 50508
Tax Year: 2017
Assessed Value: 1537300
Restrooms
Three or More: 1
Wiring
Unknown: 1
Flood Zone
100 Year: 1
To Show
24 Hr Notice: 1
Call Agent: 1
Status Info
Sold Status: Sold Inner Office
REIDS Incl Sale Prc: No
Sale Price Incl Lot: Yes
Property Features
Terms: Sell In Entirety
Potential Use: Lounge/Bar; Medical; Office; Professional; Restaurant; Restaurant/Lounge
Documents on File: Appraisal; Legal Description; Operation Statement
Improved Structure: No
Parking: Parking Area; Paved; 50 or More
Construction: Frame
Number of Stories: One
Floors: Carpet; Conc Slab; Floor Drains; Tile
Walls: Drywall; Finished; Insulated
Roof: Other
Misc Amenities: Other - See Remarks
Ceiling Height: 8'
Door Height: 8'
Door Width: No - OHD
Docks: None
Restrooms: Three or More
Wiring: Unknown
Flood Zone: 100 Year
Possession: At Closing
To Show: 24 Hr Notice; Call Agent
Utilities: Electricity; Gas; Sewer; Water

Listing Office: Heartland Properties

Last Updated: September - 02 - 2024

Information deemed reliable but not guaranteed.