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719 11th St 2,816 SF 100% Leased Retail Building DeWitt, IA 52742 $374,140 CAD ($132.86 CAD/SF)


Investment Highlights
- Completely renovated with new roof, siding, windows, plumbing, and electrical.
- Anchored by Summit Cafe and Grounded Wellness Studio for steady foot traffic.
- Excellent visibility at U.S. Highways 30 and 61 intersection.
- Located in DeWitt, the fastest-growing city in Clinton County.
- Leases expire 1/31/2026, offering flexibility for new terms or owner use.
- Strong opportunity for investors or owner-operators in a thriving market.
Executive Summary
This charming commercial property in the heart of DeWitt has been meticulously renovated down to the studs, offering a like-new feel and modern infrastructure. Benefit from significant upgrades including a new roof, siding, windows, plumbing, and electrical systems, ensuring years of worry-free ownership. Summit Cafe: A local favorite, drawing consistent foot traffic.Grounded: A Wellness Studio: Catering to the growing health and wellness community. The current tenants Leases expire 1/31/2026, providing flexibility for a new owner. This presents an excellent opportunity for an investor to set new lease terms or for an owner-operator to occupy a portion of the property. Ideal Location: Situated in the welcoming and growing city of DeWitt, recognized as the fastest-growing city in Clinton County. DeWitt benefits from its strategic position at the intersection of U.S. Highways 30 and 61, making it a convenient destination and a hub of local commerce. This property offers a unique opportunity for investors seeking immediate rental income or for an entrepreneur looking to establish or expand their business in a vibrant community with existing cash flow.Don't miss this exceptional opportunity to own a completely updated commercial property with established income potential in the thriving community of DeWitt, Iowa.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
2,816 SF
Building Class
C
Year Built
2005
Price
$374,140 CAD
Price Per SF
$132.86 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.33 AC
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 20-0229-0000 | Improvements Assessment | $182,662 CAD |
| Land Assessment | $79,739 CAD | Total Assessment | $262,402 CAD |
Property Taxes
Parcel Number
20-0229-0000
Land Assessment
$79,739 CAD
Improvements Assessment
$182,662 CAD
Total Assessment
$262,402 CAD
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719 11th St
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