315 W Adams Street Creston, IA $ 335,000
315 W Adams Street
$ 335,000
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315 W Adams Street

Creston, IA, 50801
$ 335,000
Baths0.0

Monthly Estimate*

$ 2,227

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Studio

Commercial Property for sale in Creston, IA

for $335,000. This building was built in 1900 on a lot size of 0.19.

10 large hotel rooms with full baths. Flooring is a little dated but otherwise are ready to rent. Four pairs have connecting doors. Some beds/bed frames, multiple apartment refrigerators, dressers, small round tables/ chairs. Multiple water heaters. Motel rooms are scarce in Creston. $100 per night X 10 rooms X 30 days X 12 months = $360,000. $335,000 asking price - building paid for!! What you do with the main floor can pay the operating expenses. Fabulous opportunity to start a restaurant with equipment in place. Includes 2 hot buffet tables, 1 cold buffet, ice cream cabinet, pop dispenser, rice steamers, grill with sprinklers, commercial dishwasher and stainless steel sinks required. Meat slicer and stainless work tables, shelving. Walk-in cooler. Separate open party room plus large meeting room/convention space with separate entrance. Open a gym - plenty of exercise equipment in the basement.

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Commercial Active

Price

$ 335,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

0.19

Year Built

1900

Town/City

Creston

County/Region

Union

MLS | Web ID

6313404

Features
Interior
Air Conditioning Central Ductless Mini-Split
Basement Full Partial Finished
Walls Drywall
Floors Carpet Vinyl/Linoleum
Garage Stalls 0
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Exterior
Lot Description Zero Lot Line
Exterior Stucco
Lot Size Area 0.19
Lot Size Dimensions 69X120
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General
Available Utilities Electric Separate Heating Separate Hot Water Separate
Sewer City Sewer/Connected
Heating Forced Air
Roof Rubber
Appliances Indoor Grill Exhaust Fan/Hood Dishwasher Refrigerator Freezer Washer Dryer
Water City Water/Connected
current use Food Service Hotel/Motel Restaurant
Total Number of Units 11
HOA WCIR
Status Active Active
Style Mixed Use
Class COMMERCIAL (5+ UNITS)
Location Downtown
Tax Year 2022
Fuel Natural Gas
Subdivision IA
Contingency None
Auction Y/N 0
Area Union
Primary City Creston
Year Built 1900
Directions hwy 25 (Sumner St) into Creston. East on Adams at stop light. Go about 5 blocks. On left side of road.
City Creston
Street Name Adams
Agent First Name Retta
Agent Last Name Ripperger
DOM 177
Postal Code 50801
Potential Short Sale No
Price Per Sq Ft Total 28.02
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Internal Only
OriginalMLSID 6313404
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* Excluded Features
List By
Retta Ripperger

Listing Agent

R Realty

Broker

retta@realestateismy.name

Email

Affordability Calculator

$2,227
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,227
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/1/2023$335,000 Listed Price

Map


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315 W Adams Street, Creston, IA, 50801 is a Commercial Property for sale at $335,000 with a lot size of 0.19. 315 W Adams Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 50801 which is in Creston, IA