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The Furniture Store 209 Harrison Ave

11,270 SF Retail Building Burlington, IA 52601 $450,000 ($40/SF)

Investment Highlights

  • High Traffic Area
  • Zoned Urban/ Commercial
  • Additional Warehouse built in 2015
  • 11,720 show room square feet
  • Prime Visible Location
  • New roof on main building

Executive Summary

Discover an unparalleled opportunity in this prime location catering to retail, offices, restaurants, and service industries. Nestled at the dynamic junction of Main Street and Harrison Avenue, this property holds a storied past, currently housing a successful furniture store and a thriving neighborhood grocery. The main building captivates with its curb appeal, boasting a new 2022 roof, updated HVAC, and a vast 11,270 sq. ft. of versatile space. Complementing this is a 30' x 60' warehouse constructed in 2015. The property further impresses with its expansive concrete parking lot, accommodating over 25 spaces, catering effortlessly to both customers and staff. Seize the potential of this multifaceted gem!

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
11,270 SF
Building Class
B
Year Built
1971
Price
$450,000
Price Per SF
$40
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.36
Lot Size
0.72 AC
Zoning
CU - Urban/Commercial
Parking
25 Spaces (2.22 Spaces per 1,000 SF Leased)
Frontage
300 FT on Harrison Avenue

Amenities

  • 24 Hour Access
  • Corner Lot
  • Mezzanine
  • Security System
  • Signage
  • Wheelchair Accessible
  • Accent Lighting
  • Storage Space
  • Recessed Lighting
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-09-306-012
Land Assessment
$25,200
Improvements Assessment
$227,200
Total Assessment
$252,400
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 30499495

  • Date on Market: 1/2/2024

  • Last Updated:

  • Address: 209 Harrison Ave, Burlington, IA 52601

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