Bought with Wulfekuhle Zachary • Century 21 Signature Real Estate - Oelwein
$25,000
$40,000
37.5%For more information regarding the value of a property, please contact us for a free consultation.
606 W water ST Fayette, IA 52142
0.39 Acres Lot
Key Details
Sold Price $25,000
Property Type Commercial
Sub Type Office/Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20253798
Sold Date 07/02/26
Year Built 1910
Annual Tax Amount $784
Tax Year 2024
Lot Size 0.390 Acres
Acres 0.39
Property Sub-Type Office/Retail
Property Description
Opportunity awaits! The city of Fayette is accepting offers on this property. Anyone interested will submit their offers with business plan via a licensed agent. This property sits in the TIF (tax incremental financing) district. The offers will be opened and presented to the city council on their 9/2/25 meeting. Any buyer must agree to demolish the existing structures within 6 months of purchase, and agree to build a commercial structure within 12 months after demolition. Water and Sewer hookups are already on the property. The city plans to place an easement on the East side of the lot for an electronic sign.
Location
State IA
County Fayette
Zoning commercial
Interior
Fireplace N
Exterior
View Y/N true
Others
Acceptable Financing NBR20253798
Listing Terms NBR20253798
Special Listing Condition Normal Sale
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