101 E 10th St

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101 E 10th St

Monticello, IA 52310
Asking Price
$284K
Asset Type
Medical Office Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial building located at 101 E 10th St in Monticello.
  • Property features over 2,000 square feet of interior space.
  • The interior has undergone a complete professional renovation.
  • Asset is currently offered for sale at $284,000.
  • Building is suited for medical office or retail use.

What's Special

Monticello serves as a vital hub within Jones County, providing a steady commercial environment that supports local enterprise and essential services. This retail and medical office building spans over 2,000 square feet, offering a flexible layout for businesses looking to establish a footprint in this growing community. The property at 101 E 10th St features a completely renovated interior, ensuring the space is ready for immediate occupancy and operations. Investors and business owners will find this asset well-suited for a variety of professional uses. Given its configuration and recent updates, the building presents a practical choice for medical practitioners, retail shops, or professional service firms. Its position in the heart of Monticello provides accessibility for the local population and surrounding regional traffic. This offering represents a straightforward acquisition for those seeking a turnkey commercial property in an established Iowa submarket.

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NOI
$80,000
Cap Rate
28.17%
DSCR
4.74
Strong
Cash-on-Cash
74.11%
Monthly Payment
$1,405.077
Annual Cash Flow
$63,139.075

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