# 405 Chestnut Street, Atlantic, IA 50022

> **TL;DR:** commercial, $99,900, built 1895.
> A/C. Est. $534/mo. Listed 70 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $99,900 |
| Year Built | 1895 |
| Lot Size | 3,485 sqft (0.08 acres) |
| Property Type | Commercial (Other) |
| Status | Pending |
| Days on Market | 70 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $505 |
| Estimated Insurance | $29 |
| **Total** | **$534** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1895
- 0.08 acre lot

## Description

### Agent Description
Investment opportunity in the heart of historic downtown Atlantic! This well-maintained commercial building is an excellent addition to any investment portfolio, featuring a long-term tenant with a strong lease in place for immediate rental income. Located in an attractive and vibrant downtown district there is street parking in the front and 2-3 private parking spaces in back. Current lease runs through September 30, 2029. New roof on the rear addition in September 2026.

## Location

- **Address:** 405 Chestnut Street, Atlantic, IA 50022
- **County:** Cass
- **Neighborhood:** ORIGINAL TOWN - ATLANTIC
- **Coordinates:** 41.406743, -95.013429
- **Google Maps:** https://www.google.com/maps?q=41.406743,-95.013429

## Listing Agent

- **Name:** Melissa Ihnen
- **Brokerage:** Meyer and Gross Real Estate Company
- **Broker Phone:** (712) 243-4100

## Photos

![405 Chestnut Street - Photo 1](http://lh.rdcpix.com/5c1ab43312fa1095bc178fec21e5685dl-f2382221860r.jpg)

![405 Chestnut Street - Photo 2](http://lh.rdcpix.com/5c1ab43312fa1095bc178fec21e5685dl-f2418609371r.jpg)

![405 Chestnut Street - Photo 3](http://lh.rdcpix.com/5c1ab43312fa1095bc178fec21e5685dl-f1682516096r.jpg)

![405 Chestnut Street - Photo 4](http://lh.rdcpix.com/5c1ab43312fa1095bc178fec21e5685dl-f3995290103r.jpg)

![405 Chestnut Street - Photo 5](http://lh.rdcpix.com/5c1ab43312fa1095bc178fec21e5685dl-f2482750315r.jpg)

![405 Chestnut Street - Photo 6](http://lh.rdcpix.com/5c1ab43312fa1095bc178fec21e5685dl-f945777721r.jpg)

![405 Chestnut Street - Photo 7](http://lh.rdcpix.com/5c1ab43312fa1095bc178fec21e5685dl-f1325171748r.jpg)

![405 Chestnut Street - Photo 8](http://lh.rdcpix.com/5c1ab43312fa1095bc178fec21e5685dl-f3158359082r.jpg)

![405 Chestnut Street - Photo 9](http://lh.rdcpix.com/5c1ab43312fa1095bc178fec21e5685dl-f1761091106r.jpg)

![405 Chestnut Street - Photo 10](http://lh.rdcpix.com/5c1ab43312fa1095bc178fec21e5685dl-f2303300643r.jpg)

![405 Chestnut Street - Photo 11](http://lh.rdcpix.com/5c1ab43312fa1095bc178fec21e5685dl-f1331603935r.jpg)

![405 Chestnut Street - Photo 12](http://lh.rdcpix.com/5c1ab43312fa1095bc178fec21e5685dl-f441774100r.jpg)

![405 Chestnut Street - Photo 13](http://lh.rdcpix.com/5c1ab43312fa1095bc178fec21e5685dl-f4196365581r.jpg)

![405 Chestnut Street - Photo 14](http://lh.rdcpix.com/5c1ab43312fa1095bc178fec21e5685dl-f2922789839r.jpg)

![405 Chestnut Street - Photo 15](http://lh.rdcpix.com/5c1ab43312fa1095bc178fec21e5685dl-f109131565r.jpg)

---

**MLS#:** 6341854 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/405-chestnut-street-atlantic-ia-50022-1d70ff27888f4a4fbbf2bb6b8e964bb8)

---

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