About This Home

This 0-bedroom, 0-bathroom commercial at 318 E Main Street in Lamoni, IA is listed for $999,000. Built in 1978, on a 1.00 acres lot.

Key Features

  • Built in 1978
  • 1.00 acre lot

Property Details

1978
Listing Description

20 UNITS WITH ALL ONE BEDROOM WITH LAUNDROMAT ALL REMODELED AND IN EXCELLENT CONDITION. FULL COMMERCIAL LAUNDRY . 6 WASHING MACHINES AND 8 DRYERS. ALSO INCLUDES OFFICE AND OFFICE ELEVATOR. LISTING BROKER IS OWNER OF PROPERTY. PRICED AT SUBSTANTIAL REDUCTION BUT PRICE IS FIRM.AT 35K A DOOR PLUS LAU LAMONI IOWA IS HOME TO GRACELAND COLLEGE.

NO OWNER FINNANCING AND MUST HAVE PROOF OF FUNDS AND PREAPPROVAL LETTER WHEN SUBMITTING AN OFFER. Owner may consider selling with 400k down and the 300k owner financed at 7 percent only 3 year balloon. Owner must approve AND PRICE SUPER FIRM.

Monthly Cost Estimate

$5,343/mo

20% down · 6.5% · 30 years

Principal$722
Interest$4,329
Insurance$291

Estimates only. Actual payments may vary.

Location

318 E Main Street

Lamoni, IA 50140

Property Details

Construction

Brick

Parking

Assigned

Heating

Ductless (Heating)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 318 E Main Street is listed at $999,000. The estimated monthly payment is $5,342 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1978, 1.00 acre lot.

This property is listed by Michael Powers.

MP

Michael Powers

Agent at Power House Exclusive Real Estate Inc.

Listed by Power House Exclusive Real Estate Inc.

MLS# 6311422· Source: NoCoast MLS· 1140 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.

318 E Main Street, Lamoni, IA 50140

Open this listing in: