Have you ever wanted an investment property that requires LITTLE to NO WORK?! Look no further, and UNDER $100,000. Post Office’s are hard to come by. Once you own 1, you want them all! The Urbana Post office building is FOR SALE with a signed lease stillto remain for 6 years! 6 YEARS OF PROMISED INCOME. The US Postal Service does 3, 5 year leasing contracts. Direct deposited to YOU every month. Remaining year of 2nd 5 year contract is $5,500 income a year. Remaining 5 years of the 15 year lease is $6,050 a year! The US Postal Service is responsible for all utilities including snow removal and lawn care. Owner of the building pays for any upgrades / fixes needed WITHIN the structure. NOT any postal equipment. Current owner has JUST painted, new flooring, resealed roof, and new ceiling light. Owner only pays for building, taxes, and insurance.

Listing ID #2208407

Commercial For Sale

304 W Wood Street, Urbana, Iowa 52345

Square Feet800
Construction Year1956
Lot Size0
Country : US
State : IA
County : Benton
City : Urbana
Zipcode : 52345
Status CategoryActive
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Agent info
Olivia's Real Estate Team
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800 Sqft
Off Street
To Urbana from I-380 turn Lt off exit, Lt onto N Union Ave, Rt on W Wood St
Additional Details
0 Sqft
Central Air
See Remarks
2022-09-09 18:13:06
24 X 132
Transportation Rankings

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.

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