Property Description
**Multi-Use Commercial Property in Frederic – Prime Location with Tons of Potential** Located on nearly 1/2 acre in the Village of Frederic, this versatile property offers a fantastic opportunity for investors or business owners seeking a combination of commercial and residential space. Situated with easy access and prominent frontage on State Road 35, the property is fully leased and includes the following features: - **Two Apartments:** Generating rental income, the property features two residential apartments: - *Upstairs Two-Bedroom, One-Bath Apartment* - *Three-Bedroom, 1,500 sq.ft. Apartment with One Bath* - **Office Space:** An 1,100 sq.ft. office suite includes multiple private offices and a conference room, ideal for professional or business use. This property offers flexibility for continued rental income or potential redevelopment. Its prime location, close proximity to major roads, and diverse use options make it an excellent investment opportunity. Don't miss the chance to own fully leased, multi-faceted property in the heart of Frederic!
Interior Features
- Above Grade Finished Area: 3,600 SqFt
- Accessibility Features: Accessible Approach with Ramp
- Basement: Full
- Building Area Total: 3,600 SqFt
- Cooling: Central Air
- Flooring: Carpet
- Foundation: Block
- Heating: Forced Air
- Interior Features: Other, See Remarks, Storage
- Living Area: 3,600 SqFt
Exterior Features
- Building Features: Private Restrooms
- Construction: Cement Siding, Vinyl Siding
- Exterior Features: Lighting, Other, See Remarks
- Lot Size: 0.45 Acres
- Road Surface: Asphalt
- Road Type: City Street, Highway
- Sewer: Public Sewer
- Water Source: Public
Property Details
- 2024 Taxes: $4,813
- County: Polk
- Possession: Close of Escrow, Subject To Tenant Rights
- Possible Use: Office, Other, See Remarks
- Property Subtype: Commercial
- School District: Frederic
- Status: Active
- Township: Village of Frederic
- Year Built: 1950
- Zoning: Commercial
- Listing Office: Re/Max Cornerstone
- Last Update: March 9th @ 10:50 PM
