Versatile Commercial Building on City
For Sale
$144,900
105 E Marion Street, Sigourney, IA 52591
COMMERCIAL - Other - Sigourney, IA
Lot Size0.13 Acres
Days on Market167
Property Features for 105 E Marion Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Business/Commercial,Resi
Directions
Located near the South West corner of the square.
Standard status
Active
APN
sgcos-014250
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
OP E 22' LOT 1 & W 22' LOT 4 BLK 4
Tax Annual Amount
3369
Legal Description
OP E 22' LOT 1 & W 22' LOT 4 BLK 4
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Year built
1885
Number of units
2
Building materials
Brick
Architectural style
Other
Listing Agency:
Legacy Insurance & Real Estate
(319) 461-7455
Listed By:
Stacy Flynn · License #***
(319) 461-7455
Added: Feb 13
Changed: May 13
Last Checked: Jul 30 at 2:06PM
MLS# 6335644
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.
Investment Insights
Based on property information with market context.
This commercial building, currently operating as retail, is located on the city square. It is adaptable to a variety of uses including office, service-based business, or continued retail. The property offers visibility and recent updates, presenting both immediate income and future upside. The main level features a spacious retail area that the current owner can vacate within 30 days if needed. A service elevator adds accessibility between levels. The property includes two occupied apartments, providing rental income. Unit 1 is a 2-bedroom (1 bath) with several additional non-conforming bedrooms, and Unit 2 is a 1-bedroom (1 bath) with 1 non-conforming bedroom. The owner currently pays utilities, offering potential to increase cash flow by restructuring leases or separating utilities in the future. The rolled rubber roof was replaced approximately 3 years ago. The front exterior has been recently redone, and a grandfathered awning is in place. Two newer furnaces were installed in 2017. The property is situated on a lot of approximately 0.13 acres. This property offers flexibility, functionality, and future opportunity.
Key Highlights
- Prime location on the city square with strong visibility.
- Versatile commercial building adaptable to retail, office, or service‑based businesses.
- Immediate income from two occupied apartments.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
273
Businesses Nearby
Explore this area
Business Placement
Demographics for 52591, IA
2,993
Population
1,299
Households
2.3
Avg Household Size
46
Median Age
20%
College-Educated
93%
High-School Grad
124.2 sq mi
ZIP Area
24
Density / Sq Mi
$56,318
Median Household Income
$37,175
Median Earnings
$902
Median Rent
$119,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Adaptable commercial building with retail space and rental income.
Where is this mixed-use property located?
The property is located at 105 E Marion Street Sigourney, IA.
What is the asking price?
The asking price for this property is $144,900.
What are key features of this property?
This property features: Prime location on the city square with strong visibility.; Versatile commercial building adaptable to retail, office, or service‑based businesses.; Immediate income from two occupied apartments.
