905 S Washington Street, Bloomfield, IA C
905 S Washington Street, Bloomfield, IA C
905 S Washington Street, Bloomfield, IA C
905 S Washington Street, Bloomfield, IA C
905 S Washington Street, Bloomfield, IA C
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Karlie Henderson

Karlie Henderson

+1(319) 404-8017
$ 1,200,000
Est. payment | /mo

3.5 Acres Lot

Save
$ 1,200,000
Est. payment | /mo
Save

3.5 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 741156

HOA Y/N No

Year Built 1978

Annual Tax Amount $513,750

Lot Size 3.500 Acres

Acres 3.5

Property Description

Rare value-add redevelopment opportunity with major upside potential. Situated on approximately 3.5 acres, this former motel property offers the ideal setup for an apartment conversion, workforce housing project, extended stay concept, or mixed-use redevelopment.

The existing layout creates an opportunity to reposition the asset into income-producing multifamily units while leveraging the large site for future expansion, additional amenities, storage, parking, or new construction opportunities. Strong demand for affordable housing and rentals in the area makes this a compelling play for investors, developers, and operators looking for forced appreciation.

In addition to the redevelopment parcel, the offering includes another parcel generating supplemental income, creating immediate cash flow while plans and improvements are underway.

Location

State IA

County Davis

Area Bloomfield

Zoning C

Interior

Heating Electric, Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Cooktop, Dryer, Dishwasher

Exterior

Private Pool No

Building

Lot Description Rectangular Lot

Foundation Block

Sewer Public Sewer

Water Public

Others

Tax ID 01002181

Monthly Total Fees $42, 812

Acceptable Financing Cash

Listing Terms Cash

©2026 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by LPT Realty, LLC

Schools and Properties Nearby

Karlie Henderson

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(319) 404-8017

karliehendersonrealestate@gmail.com

2425 N Ankeny Blvd, Ankeny, IA, 50023-4722, USA

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905 S Washington Street