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Executive Summary

Constructed in 1979
Prime location within the Colfax area
Steady income from laundromat
6 Well-maintained apartments, fully leased
Solid and reliable investment opportunity

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,464 SF
Building Class
B
Year Built/Renovated
1972/1979
Price
$928,098 CAD
Price Per SF
$376.66 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.32
Lot Size
0.18 AC
Frontage
120’ on Elm St
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
11-01-336-001
Land Assessment
$8,043 CAD
Improvements Assessment
$267,872 CAD
Total Assessment
$275,915 CAD
  • Listing ID: 37804304

  • Date on Market: 2025-09-24

  • Last Updated:

  • Address: 14 N Elm St, Colfax, IA 50054

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