40.8676 -93.04239

12160 Hwy S70 Plano, IA 52581

240047705 40.8676 -93.04239 3138 False 0 379000.0 2880 101 20174249 True
  • $379,000
  • 2,880 sqft
  • 10.04 lot
  • Est payment $2034.55/mo

Property & Neighborhood Info

Courtesy Of Hometown Realty

Commercial in Plano

Commercial Property at Rathbun Lake Look INVESTORS!!! 10 acres m/l with views of Rathbun Lake, property borders the corp. ground on 2 sides. This property has 3 streams of income with great upside that you aren't paying for. Currently the project is grossing around $60,000 a year from the rent from the restaurant, income from the RV spaces and the income from the nightly rental from the manufacture home. The owners live in another state, so the income doesn't take very much time. Places to increase income, rent out the 3 large garage spaces for boat storage, there are 2 units crudely finished that owners' friends stay at above the large garage, would make great nightly rental without much money. The owner indicates that you can install 10 more RV units onto the existing lagoon. These 3 items would really increase the gross and net income.

Courtesy Of Hometown Realty
  1. 2,880 Sq. Ft.
  2. 10.04 Lot

Main Features

  • Listing Status: Active
  • Year Built: 2013
  • County: Appanoose
  • MLS Number:20174249

Additional Features

  • Walls:
    • Other/See Remarks
  • Wiring:
    • 220V Electric
  • Bathrooms:
    • 3 or More
  • Location:
    • Free Standing
  • Roof:
    • Metal
  • Structure:
    • Multiple Buildings
  • Additional Land/Lot Available:
    • No
  • Flood Zone:
    • None
  • Lot Measurement:
    • Acres
  • Parking:
    • Gravel
  • Parking Spaces:
    • 0
  • Heating:
    • Electric Forced Air
  • Potential Use:
    • Income
    • Lounge/Bar
    • Other
    • Rest/Lounge
    • Restaurant
  • Lease Type:
    • Net
  • Leased:
    • Multi Tenants
  • Price Per Acre:
    • 37749.00
  • Sale Rent:
    • Sale
  • Gross Taxes:
    • 0.00
  • Incentives:
    • Not Applicable
  • Lot Size Area:
    • 10.04
  • Lot Sq Ft:
    • 437342.00
  • Office Square Feet:
    • 0.00
  • Price Per SQFT:
    • 131.60
  • Warehouse Square Feet:
    • 0.00
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Carl Cisler
Carl Cisler
Broker
315 East Maple Street Centerville IA 52544
Let us help you!
40.8676 -93.04239

12160 Hwy S70 Plano, IA 52581

240047705 40.8676 -93.04239 3138 False 0 379000.0 2880 101 20174249 True
  • $379,000
  • 2,880 sqft
  • 10.04 lot
  • Est payment $2034.55/mo