Description

Welcome to an exceptional investment opportunity in the charming town of Letts, IA! This unique property is located on a prominent corner lot, blending commercial and residential potential effortlessly. Currently housing multiple tenants, this versatile space guarantees immediate income. One of its standout features is a secured 5-year agreement with the United States Postal Service, providing stability and reliable revenue. The building offers separate entrances for each unit, ensuring privacy and convenience for occupants. Whether you’re looking to expand your portfolio or establish your business on prime real estate, this property caters to diverse needs. Each tenant covers their own utilities, minimizing overhead costs and enhancing net returns. Positioned in the heart of Letts, this property benefits from high visibility and foot traffic while maintaining a tranquil small-town vibe.

Listing ID #202507282

Commercial Sale

105 S Cherry St
Letts, Iowa 52754

$129,900
Lot Size0.04 Acre
Country : US
State : IA
County : Louisa
City : Letts
Zipcode : 52754
StatusActive
Listing Agent
Brandon Rudkin
Attain RE
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Features
202507282
Brick
on main st
Additional Details
0.04 Acre
Central Air
Natural Gas, Forced Air
Other
12-10-2025
25x75

Information on this page deemed reliable, but not guaranteed to be accurate. Listing information was entered by the listing agent and provided by ICAAR (Iowa City Area Association of REALTORS®) MLS and CRAAR (Cedar Rapids Area Association of REALTORS®) MLS. Urban Acres claims no responsibility for any misinformation, typographical errors, or misprints displayed from the MLS sources.

Request a Showing

Have a question we can answer this property? Interesting in scheduling a showing? Please enter your preferences in the form. We will contact you in order to schedule an appointment to view this property.

This field is for validation purposes and should be left unchanged.
Your Name(Required)
How would you prefer to be reached?

Please provide a preferred and an alternate date and time for viewing this property. Please note: some owners require at least 24-hours notice (minimum) before scheduling a showing.
Newsletter Signup

I agree to be contacted by Urban Acres Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary.

View Similar Listings