2 Luther Street, Luther, IA 50152

$250,000.00

estimated mortgage

Request Information

Listing Agent:

Phone:
515-232-6175
Cell:
515-290-7963
Toll-free:
800-681-7333
Fax:
515-232-4253

Calling all Entrepreneurs...LAND FOR SALE! Business lot for sale in Luther, Iowa. Prime Hwy 17 frontage location. Located directly across the street (north) from the popular WHATCHA SMOKIN BBQ Restaurant. (You can capitalize on their traffic.) Hwy 17, has 5,300 daily vehicle traffic count as per the DOT. Electric and water hookups are on the lot. This lot is over 1/3 acre (0.36) 15,700 sq ft as per the Boone County Assessor. This lot is currently leased by the restaurant as a parking lot through July 2027 at a rent of $2,000 per month. The tenant maintains the lot. This is a unique opportunity. Call the listing agent for most details.

Listing courtesy of

Hunziker & Assoc.-Ames

MLS #:

70093

Lot Size:

15700

Monthly payments are estimates based on current market rates for a 30-year fixed mortgage with 20% down and 5.0% interest. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.