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911 Westwood Drive DeWitt, IA 52742 Commercial - Industrial Active

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Description

Prime Highway Commercial Opportunity - 911 Westwood Drive, DeWitt, IA High-visibility commercial site at the interchange of U.S. Highway 61 and U.S. Route 30, with 18,000+ vehicles per day. This rare offering includes two parcels totaling 5 acres MOL, over 13,000 sq ft of showroom/commercial space with additional upstairs storage, and a large, paved parking lot-perfect for existing occupancy or redevelopment. The current business is NOT closing-it is relocating for more indoor storage space for their classic car operations. The site formerly worked well for a used car/ truck sales operation. Located across from a new EXPANSIVE wedding/event venue and near a brewery/restaurant/bar destination, this site benefits from strong regional traffic and growing local demand. Limited lodging nearby creates high potential for hotel development, while the property also supports automotive, retail, or mixed-use concepts. This adaptable property offers endless possibilities: hotel, car dealership, truck stop, grocery store, showroom, entertainment venue, or redevelopment. High exposure, strong traffic, and a strategic location make this an ideal investment for developers or owner-users seeking a premium commercial corridor. DeWitt, Iowa offers a strong labor market and customer base. Again, existing business is NOT closing. Shown by appointment only. Listing agent has ownership in JTLT Enterprises, LLC.

Property Highlights

Property Type: Commercial - Industrial
Building Description: 2.0 stories
Year Built: 2004
Lot Size: 4.55 acres

General Information

County: Clinton
Listed By:
QC Reserve - Real Broker, LLC 563-294-0877
MRED MLS
$2,125,000
Est. $13,906/mo
Active
SQUARE FEET13,460 MLS#12610383
STATUSActive PROPERTY TYPECommercial - Industrial

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911 Westwood Drive, DeWitt, IA 52742.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $2,125,000$2,125,000$2,125,000
Down Payment $74,375$0$425,000
Monthly Mortgage Amount $12,678$13,189$10,329
Taxes $2957$2957$2957
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,275$0$0
Monthly Estimated Total $17,530$16,766$13,906

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