85 Sugar Creek Ln, North Liberty, IA 52317
85 Sugar Creek Ln, North Liberty, IA 52317
85 Sugar Creek Ln, North Liberty, IA 52317
85 Sugar Creek Ln, North Liberty, IA 52317
85 Sugar Creek Ln, North Liberty, IA 52317
85 Sugar Creek Ln, North Liberty, IA 52317
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Diana Salazar

Diana Salazar

+1(319) 722-1022
$ 2,200,000
Est. payment | /mo

0.36 Acres Lot

Save
$ 2,200,000
Est. payment | /mo
Save

0.36 Acres Lot

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202602622

Year Built 1994

Annual Tax Amount $38,670

Tax Year 2024

Lot Size 0.362 Acres

Acres 0.68

Lot Dimensions 180 x 165

Property Sub-Type Commercial

Property Description

Fully Leased Mixed-Use Investment | 13 Units | Prime Location. Outstanding opportunity to acquire a turnkey mixed-use investment property offering a diversified income stream and 100% occupancy. This well-positioned asset features 4 street-level commercial units and 9 residential apartments, including 8 second-floor units and 1 ADA-compliant first-floor unit. The commercial spaces are leased to tenants with solid operating histories, ensuring dependable cash flow. The residential units are fully leased and well-maintained, with strong rental demand and minimal vacancy history. Great opportunity with high-traffic area with strong visibility and easy access, featuring a diverse tenant mix reduces risk exposure. This is a excellent 1031 exchange candidate. Detailed financials and rent roll available upon request.

Location

State IA

County Johnson

Zoning C - Commercial Mixed

Direction Highway 965 to west on Zeller Street, south on Sugar Creek Lane. First building on right.

Interior

Interior Features Zero Step Entry

Heating Natural Gas

Cooling Central Air

Flooring Concrete Slab Grade, Carpet, Ceramic Tile, Vinyl, Other

Exterior

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Septic, Sewer Available, Phone Available, Underground Utilities, City Water

Roof Type Metal

Building

Lot Size Range Half To One Acre

Structure Type Brick

Schools

Elementary Schools Garner

Middle Schools North Central

High Schools Liberty High School

Others

Tax ID 0613211002

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

Listed by Urban Acres Real Estate

NEARBY SCHOOLS & PROPERTIES

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Diana Salazar
Diana Salazar

Agent | License ID: S67677000

+1(319) 722-1022

2530 Corridor Way Suite 202, Caralville, Iowa, 52241, United States

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85 Sugar Creek Ln