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Welcome to an exceptional investment opportunity in the charming town of Letts, IA! This unique property is located on a prominent corner lot, blending commercial and residential potential effortlessly. Currently housing multiple tenants, this versatile space guarantees immediate income. One of its standout features is a secured 5-year agreement with the United States Postal Service, providing stability and reliable revenue. The building offers separate entrances for each unit, ensuring privacy and convenience for occupants. Whether you're looking to expand your portfolio or establish your business on prime real estate, this property caters to diverse needs. Each tenant covers their own utilities, minimizing overhead costs and enhancing net returns. Positioned in the heart of Letts, this property benefits from high visibility and foot traffic while maintaining a tranquil small-town vibe.
| DAYS ON MARKET | 5 | LAST UPDATED | 12/10/2025 |
|---|---|---|---|
| YEAR BUILT | 1900 | COMMUNITY | WashingtonArea |
| COUNTY | Louisa | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | WashingtonArea |
| CONSTRUCTION | Brick |
| HEAT | Forced Air, Natural Gas |
| LOT | 1742 sq ft |
| LOT DIMENSIONS | 25x75 |
| TAXES | 471.52 |
| UTILITIES | Electricity Available, Phone Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Brandon Rudkin, Attain RE
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