Sold
Last Sold Price
401 Canton St NW, Shellsburg, IA 52332
Multi FamilyProperty Type
5.86 acresLot Size

Description

Former nursing home/assisted living facility closed in 2021. Features 27 residential care units each with 3/4 bathroom, and 12 assisted living units each with full bath, kitchen, and washer/dryer. Facility also has a large, well maintained commercial kitchen full of equipment included in the purchase. Ample parking for staff and clients with covered porte-cochere main entrance. Building received new roof in August of 2020.Former nursing home/assisted living facility closed in 2021. Features 27 residential care units each with 3/4 bathroom, and 12 assisted living units each with full bath, kitchen, and washer/dryer. Facility also has a large, well maintained commercial kitchen full of equipment included in the purchase. Ample parking for staff and clients with covered porte-cochere main entrance. Building received new roof in August of 2020.

    Sold By DYNACONNECTIONS

    • Listed by: David Gellerman 563.344.4295 dgellerman@thehawkeyegroup.com • Hawkeye Commercial Real Estate
    Listing closed: 04/11/2024 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 4245172

    Location

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    $6,787 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $2,713

    Property Taxes

    $4,075

    HOA Dues

    $0

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    Property Information for 401 Canton Street Northwest

    Property Details
    • Taxes: $48,894 / year
    • MLS Type: Multi Family 5+
    • County: Benton County
    • Air Conditioning Type: Central Air
    • Zoning: R-2,R
    Building Information
    • Residences: 39
    • Lot Size: 5.86 AC / 255,261 SF
    General Information
    Owner
    • Owner Pays: All Utilities
    Location and General Information
    • Frontage Type: City Street, Paved
    Property Information
    Interior Features
    • Air Conditioning: Central Air
    • Flooring: Carpet, Concrete, Tile
    • Heat/Ventilation: Forced Air,Gas
    • Num of Baths: 0.0
    Utilities / Equipment
    • Water: Municipal Water
    Property/Lot Information
    • Tenant Pays: All Utilities
    • Lot Size Square Feet: 255261.0
    • Exterior Building Type: Brick, Stone, Block, Frame
    • Construction: Brick, Stone, Block, Frame
    • Building Area Total: 28937
    Property and Assessments
    • Possible Use: Multi-Family
    • Buyer Financing: Cash, Conventional
    • Documents Available: None Available
    • Public Document Count: 0
    • Document Date: 2023-08-03T14:32:12
    • Property Offered: For Sale Only
    • Photos Count: 1
    Virtual Tour/Additional Media
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 39
    Income & Expenses
    • Adjusted Net Income: -48894

    Property History for 401 Canton Street Northwest

    DateEvent & SourcePriceAppreciation
    Apr 11, 2024

    Sold

    MRED #4245172

    $525,000
    Nov 14, 2023

    Pending

    MRED #4245172

    Aug 3, 2023

    Listed (Active)

    MRED #4245172

    $599,000
    DateEvent & SourcePrice
    04/11/2024

    Sold

    MRED #4245172

    $525,000
    11/14/2023

    Pending

    MRED #4245172

    08/03/2023

    Listed (Active)

    MRED #4245172

    $599,000

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Schools near 401 Canton Street Northwest

    This home is within Vinton-Shellsburg Community School District.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 5
    Public - 6 to 8
    Public - 9 to 12
    Rating
    School
    Distance
    Shellsburg Elementary School
    PublicPK to 5

    Vinton-Shellsburg Middle School
    Public6 to 8

    Vinton-Shellsburg High School
    Public9 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

    Similar Homes

    Nearby home values

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 401 Canton Street Northwest, Shellsburg, IA 52332
    $525,000
    255,261
    3
    1
    1,850
    9,420
    4
    2
    988
    166,834
    $218,000
    6
    1,470
    12,500
    $185,000
    5
    3
    1,454
    11,326
    $375,000
    3
    1
    1,290
    106,286

    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Hawkeye Commercial Real Estate

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 02/01/2026 08:13 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.