This is your chance to own an iconic building with a rich pastthe historic First National Bank of Stuart. Famously known as one of the final banks robbed by Bonnie & Clyde, this property holds a special place in both local lore and the hearts of history buffs nationwide. The two original values are intact, including the vault victims were held in during the robbery. The current owners have already made significant progress, completing a permitted interior demolition, including full asbestos abatement. With the purchase, you'll receive structural engineer reports, detailed construction and architectural plans for both the interior and exterior, as well as upstairs design concepts, all meticulously prepared for the next phase of restoration. A contractor’s bid is in place for the necessary structural improvements based on engineered designs, meaning this unique project is ready for immediate work! Plus, there are various grant opportunities available to help bring this vision to life, including the Catalyst Grant and Stuart’s TIF funding (both of which have been awarded and are transferrable to the new owner upon approval - totals nearly $200,000). Conveniently located less than a mile from I-80 and just 30 minutes from Waukee and West Des Moines, this building offers the perfect blend of historic charm and potential. Don’t miss this rare opportunity to be part of the next chapter in Stuart’s history! (Owner is Listing Agent, Licensed Real Estate Agent in IA)
MLS# | 704476 |
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Listing Type | For Sale |
Style | Retail |
Sub-Type | Resale |
Status | Active |
Year | 1882 |
Days On Site | 20 |
Listing Provided By | RE/MAX Concepts | Angela McKenzie |
SQ Feet | 2,152 |
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Zoning | Com |
Acreage | 0.02 |
State | IA |
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County | Guthrie |
City | Stuart |
Zip Code | 50250 |
Area | Guthrie Center |
Listing VS Median (in 50250) | |
Price: $25,000 low | high Med: $189,950 SqFt: 2,152 low | high Med: 1,353 $ / SqFt: $12 low | high Med: $140 On Site: 20 low | high Med: 49.000000 |