Building Details

Year built 1880

Flooring type Concrete

Building materials Block, Frame

Roof type Composition

Listing Agency: RE/MAX Affiliates · RE/MAX International R***@LauraSoride.com Show Phone

Listed By: Julie Chown Show Phone

Added: May 28 Changed: Aug 27 Last Checked: Aug 30 at 3:06PM

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MLS# 202603504

Copyright © 2026 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property combines two commercial operations on the ground floor with two residential units above. The lower level contains a laundromat equipped with 4 washers and 4 dryers, along with a consignment shop. Each upper-level apartment has two bedrooms. The building is constructed with block and frame materials and has concrete flooring, forced-air natural-gas heating, and central air conditioning.

Property improvements include a composition roof replaced in 2023, apartment HVAC installed in 2022, new windows and an exterior door, and new air conditioning for the consignment shop in 2022. The property is zoned Commercial and occupies a 0.0606-acre lot at 104 W Jayne St in Lone Tree, Iowa. The original construction date is 1880.

Key Highlights

• Two two‑bedroom apartments positioned above ground‑floor commercial space
• Ground‑level laundromat includes 4 washers and 4 dryers
• Consignment shop occupies additional main‑level commercial space

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

86

Businesses Nearby

Explore this area Business Placement

Demographics for 52755, IA

1,996

Population

870

Households

2.3

Avg Household Size

43

Median Age

19%

College-Educated

95%

High-School Grad

57.8 sq mi

ZIP Area

35

Density / Sq Mi

$98,125

Median Household Income

$49,375

Median Earnings

$960

Median Rent

$219,800

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Commercial zoning supports retail activity below and residential occupancy in the upper level.

Where is this mixed-use property located?

The property is located at 104 W Jayne St Lone Tree, IA.

What is the asking price?

The asking price for this property is $149,900.

What are key features of this property?

This property features: Two two‑bedroom apartments positioned above ground‑floor commercial space; Ground‑level laundromat includes 4 washers and 4 dryers; Consignment shop occupies additional main‑level commercial space