704 /706 Central Avenue 708, Fort Dodge, IA 50501

$365,000

bedrooms

bathrooms

square feet

Acreage

0.15

Open Houses

year built

1880

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 cash flow opportunity. The building is fully leased with long-term tenants. Upstairs has a 5-year lease starting January 2024. First 2 years at $1,750/month and next 3 years at $1,950/month. There are two tenants on the main floor in the salon/spa business. One tenant pays $1,000/month ending 3/31/25. The other tenant just started a 2-year lease at $2,000/month. Also plans to lease the basement area for $600/month. Tenants are responsible for electricity and gas. The owner pays water, some electricity, taxes, and insurance. New roof 2020.

Location
Subdivision	FTD ORIGINAL TOWN
County	Webster
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 6321348

Listing agent: Todd Swalin #***

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

Last update: Thursday, April 3 2025 at 8:44 p.m. EDT

Kotohomes National