Historic Retail Building with
107 S Franklin St Manchester, IA 52057
107 S Franklin St, Manchester, IA, 52057
$425,000
For Sale
$425,000
COMMERCIAL - Manchester, IA
Property Size14,850 SF
Lot Size0.39 Acres
Price / SF$28.62
Days on Market294
Property Features for 107 S Franklin St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Comm
- Rooms
- Basement
- Standard status
- Active
- APN
- 631321100800
- Size
- 14,850 SF
- Lot size
- 0.39 Acres
Taxes and HOA fees
- Tax Description
- SUB LOTS 146 & 197 LTS 4 & 5
- Tax Annual Amount
- 10329
Building Details
- Year built
- 1900
- Flooring type
- Wood, Carpet
- Building materials
- Concrete Block
- Roof type
- Membrane
Listing Agency
Realty87
(319) 731-2000
5414 BLAIRS FOREST WAY NE, Cedar Rapids, IA
Listed by
Tyler Lautke
(319) 367-8760
Added: Sep 26, 2025 Checked: Jul 16 at 4:06 pm
MLS# 2508109
Copyright © 2026 Cedar Rapids 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 historic two-level retail building was previously used as a pharmacy/drug store and a 50’s ice cream parlor, among other local uses. The property includes an upstairs level that is ready for a new layout and concept, along with downstairs space that provides storage. The lower level also includes a former youth center component with handicap accessibility.
Located at 107 S Franklin St in Manchester, Iowa, the building sits on a main downtown strip and is positioned along the route to a popular grocery store and a white water tourist attraction. With nearly 15,000 square feet above grade and a 0.39-acre lot, the site is sized to support a range of retail and community-oriented uses, plus adaptive reuse ideas for the upper floor.
For tenants, buyers, and operators, the configuration supports businesses that want both a customer-facing retail presence and additional storage capacity. The upstairs space offers flexibility for a second-floor retail expansion or alternative uses, while the downstairs handicap-accessible area can support programs or back-of-house needs depending on the end use.
Located at 107 S Franklin St in Manchester, Iowa, the building sits on a main downtown strip and is positioned along the route to a popular grocery store and a white water tourist attraction. With nearly 15,000 square feet above grade and a 0.39-acre lot, the site is sized to support a range of retail and community-oriented uses, plus adaptive reuse ideas for the upper floor.
For tenants, buyers, and operators, the configuration supports businesses that want both a customer-facing retail presence and additional storage capacity. The upstairs space offers flexibility for a second-floor retail expansion or alternative uses, while the downstairs handicap-accessible area can support programs or back-of-house needs depending on the end use.
Key Highlights
- Nearly 15,000 SF above grade with additional basement/storage space
- Concrete block construction and membrane roof
- Flooring includes wood and carpet
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Two-level downtown building with retail history, upstairs space, and downstairs storage with handicap accessibility.
Where is this retail space located?
The property is located at 107 S Franklin St Manchester, IA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Nearly 15,000 SF above grade with additional basement/storage space; Concrete block construction and membrane roof; Flooring includes wood and carpet
