704-706 Central Ave., Fort Dodge, IA 50501

$365,000

bedrooms

bathrooms

square feet

5,969

Acreage

0.15

Open Houses

year built

Full Baths

Half Baths

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Here is your chance to own a piece of downtown Fort Dodge. This building is in the path of improvement with Fort Dodges new master plan to revitalize the downtown area. This is a nice cashflow opportunity. Building is fully leased with long term tenants. Upstairs has 5 year lease starting January 2024. First 2 years at $1,750/month and next 3 years at $1,950/month. Two tenants on main floor, both in the salon/spa business. One tenant pays $1,000/month ending 3/31/25. Other tenant just started 2 year lease at $2,000/month. Also plans to lease basement area for $600/month. Tenants responsible for electricity and gas. Owner pays water, some electricity, taxes, and insurance. New roof 2020.

Location
Subdivision	-
County	Webster
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: 24801

Listing agent: Todd Swalin

Listing broker: Ryerson Realty Llc (515) 448-3079

Copyright © 2025 Fort Dodge Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 22 2025 at 3:12 p.m. EDT

Kotohomes National