Mixed-Use Land for Sale in Cambridge, Iowa
101 Water St S Cambridge, IA 50046
Barndominium Living Meets Small-Town Charm Discover the rare combination of barndominium-style living right in the heart of a close-knit town, where everyone knows your name, but stays out of your business. This unique property offers two spacious, updated apartments--ideal for flexible living or rental income. On the first floor, you'll find a bright and airy one-bedroom, one-bath apartment with plenty of natural light and the convenience of in-unit laundry, including a washer and dryer. The second-floor apartment boasts two bedrooms plus a versatile bonus room (perfect as a non-conforming bedroom or office), along with a modern bathroom. Washer dryer hookups are available. Both units are move-in ready, featuring contemporary kitchens equipped with stoves, microwaves, refrigerators, and dishwashers. Commercial buyers, car enthusiasts and hobbyists will love the garage space! A two-car tandem garage is complemented by a massive two-story workshop/garage/warehouse that can accommodate 6-8 cars or 6 trucks. There's even an unfinished half-bath in the workshop's utility room. This property's zoning for both residential and commercial use offers endless opportunities. With no existing leases, you're free to rent out both apartments or live in one while renting the other. Whether you're looking for a unique home or an investment with income potential, this property offers it all.
Directions
In Gilbert, go to Water Street.
Property details
- County
- Story County
- Community
- Original Town
- Elevation
- 863 feet
- Date Posted
Legal description
O T LOTS I J & K BLK 30
Parcels
- 1421410200 - 02011
Property taxes
- 2002
- $2,342
Detailed attributes
Listing
- Type
- Commercial Sale
Structure
- Unit Count
- 2
- Heating
- Forced Air
Exterior
- Parking
- Attached Garage, Garage, Tandem
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Nov 2, 2024 | Under contract | $300,000 | — | RLIFARMRANCH |
Sept 20, 2024 | New listing | $300,000 | — | RLIFARMRANCH |