$22,500
$25,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
100 NW 2nd Street Stuart, IA 50250
871 Sqft Lot
Key Details
Sold Price $22,500
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 704476
Sold Date 11/08/24
HOA Y/N No
Year Built 1882
Annual Tax Amount $546
Lot Size 871 Sqft
Acres 0.02
Property Description
This is your chance to own an iconic building with a rich past—the historic First National Bank of Stuart. Famously known as one of the final banks robbed by Bonnie & Clyde, this property holds a special place in both local lore and the hearts of history buffs nationwide. The two original values are intact, including the vault victims were held in during the robbery. The current owners have already made significant progress, completing a permitted interior demolition, including full asbestos abatement. With the purchase, you'll receive structural engineer reports, detailed construction and architectural plans for both the interior and exterior, as well as upstairs design concepts, all meticulously prepared for the next phase of restoration. A contractor’s bid is in place for the necessary structural improvements based on engineered designs, meaning this unique project is ready for immediate work! Plus, there are various grant opportunities available to help bring this vision to life, including the Catalyst Grant and Stuart’s TIF funding (both of which have been awarded and are transferrable to the new owner upon approval - totals nearly $200,000). Conveniently located less than a mile from I-80 and just 30 minutes from Waukee and West Des Moines, this building offers the perfect blend of historic charm and potential. Don’t miss this rare opportunity to be part of the next chapter in Stuart’s history! (Owner is Listing Agent, Licensed Real Estate Agent in IA)
Location
State IA
County Guthrie
Area Guthrie Center
Zoning Com
Interior
Heating Electric
Cooling Central Air
Fireplace No
Exterior
Community Features Sidewalks
Roof Type Rolled/Hot Mop
Private Pool No
Building
Foundation Block
Sewer Public Sewer
Water Public
Schools
School District West Central Valley
Others
Tax ID 0001338300
Monthly Total Fees $45
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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