About This Home

This 0-bedroom, 0-bathroom commercial at 405 Chestnut Street in Atlantic, IA is listed for $99,900. Built in 1895, on a 0.08 acres lot.

Key Features

  • Built in 1895
  • 0.08 acre lot

Property Details

1895

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$534/mo

20% down · 6.5% · 30 years

Principal$72
Interest$433
Insurance$29

Estimates only. Actual payments may vary.

Location

405 Chestnut Street

Atlantic, IA 50022

ORIGINAL TOWN - ATLANTIC

Property Details

Construction

Brick

Parking

On Street

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 405 Chestnut Street is listed at $99,900. The estimated monthly payment is $534 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1895, 0.08 acre lot.

This property is listed by Melissa Ihnen.

MI

Melissa Ihnen

Agent at Meyer and Gross Real Estate Company

Listed by Meyer and Gross Real Estate Company · Broker phone: (712) 243-4100 · Broker website

MLS# 6341854· Source: NoCoast MLS· 68 days on PropertySimple

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.

405 Chestnut Street, Atlantic, IA 50022

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