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Office Building with Apartments
For Sale
$175,000

109 S Marion Ave, Washington, IA 52353

COMMERCIAL - Washington, IA

Property SizeContact for details
Lot Size0.06 Acres
Days on Market56

Property Features for 109 S Marion Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Elementary school Washington
Middle school Washington
Directions east side of the square.
Subdivision WashingtonArea
Standard status Active
APN 11-17-313-013
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2024

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air, Window Unit(s)

Building Details

Year built 1908
Flooring type Carpet
Building materials Brick, Frame
Roof type Tar/Gravel
Listing Agency: Century 21 Trinity
Listed By: Jenny Morgan
Added: Jun 17 Changed: Aug 4 Last Checked: Aug 11 at 6:06AM
MLS# 202603879

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 office building offers finished office space on the main level, with a finished lower level that can support additional office or workspace, storage, or multiple tenants. Above the commercial space are two one-bedroom apartments, creating a built-in rental component while maintaining business use downstairs. A basement finished area adds additional usable space.

The property is located at 109 S Marion Ave in Washington, IA. Constructed in brick with frame elements, the building was built in 1908 and features carpet flooring. Heating is provided by forced air natural gas, and cooling includes window units and central air. The roof is tar/gravel.

With a downtown setting and a layout that accommodates both office and residential uses, the building can fit owner-operators or investors seeking a mixed-use configuration.

Key Highlights

  • Mixed‑use layout with finished main‑level office space and finished lower level
  • Two one‑bedroom apartments above the commercial space
  • Basement finished area adds additional usable space

Property Analytics

Current Use

Advanced Employment Services Employment Agency Systems Unlimited, Inc. Social Service Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

550
Businesses Nearby

Demographics for 52353, IA

9,416
Population
3,995
Households
2.4
Avg Household Size
41
Median Age
22%
College-Educated
93%
High-School Grad
157.4 sq mi
ZIP Area
60
Density / Sq Mi
$63,232
Median Household Income
$36,062
Median Earnings
$912
Median Rent
$155,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Mixed-use office space with a finished lower level and two one-bedroom apartments above.
Where is this office building located?
The property is located at 109 S Marion Ave Washington, IA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Mixed‑use layout with finished main‑level office space and finished lower level; Two one‑bedroom apartments above the commercial space; Basement finished area adds additional usable space
More about this property
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