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    111-112 E Franklin St Bloomfield, IA 52537

    For Sale
    $339,000

    Mixed Use, Commercial Sale - Bloomfield, IA

    Property size:
    10,080 SF
    Days on Market:
    77
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 111-112 E Franklin St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    01000930
    Parking features
    On Street, Unassigned
    Exterior features
    Corner Lot
    Appliances
    Range, Refrigerator
    Size
    10,080 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1885
    Number of units
    6
    Flooring type
    Carpet, Vinyl, Wood
    Building materials
    Block, Brick, Concrete, Stone, Stucco
    Roof type
    Flat, Rubber
    Architectural style
    Other

    Bogle Realty LLC (641) 437-4663

    Listing agent Lori Bogle (641) 437-4663 License #***

    Listing date Sep 20, 2025

    MLS# 6331242 Listing URL

    Copyright © 2025 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.

    Overview

    Bloomfield Mixed-Use Investment Opportunity

    This mixed-use property presents an investment opportunity on the historic Bloomfield square. The property features multiple revenue streams, including four apartments, a commercial rental space, and the only laundromat in town. The apartments, accessible via a newly replaced stairway, include a 3-bedroom, 2-bedroom, 1-bedroom, and a studio, offering flexibility for various tenant needs. Two of the apartments overlook the Davis County courthouse. The commercial space, currently leased, includes a large storefront, a kitchen prep area, an office, a half bath, and back storage space. The laundromat is equipped with Dexter and Whirlpool commercial washers and dryers and is the only one in Davis County. Several updates have been made throughout the property. The property size is 10080 square feet. With its multiple revenue streams, recent updates, and prime location, this property is a rare find for investors.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bloomfield
    County
    Davis
    State
    Iowa
    Longitude
    -92.413912
    Latitude
    40.750325

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with apartments, commercial space, and laundromat.
    Where is this mixed-use property located?
    The property is located at 111-112 E Franklin St Bloomfield, IA.
    What is the asking price?
    The asking price for this property is $339,000.
    What are key features of this property?
    This property features: - Multiple revenue streams from four apartments, a commercial rental space, and the only laundromat in town.; - Prime location on the historic Bloomfield square.; - Includes the only laundromat in Davis County.
    (641) 437-4663
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    111-112 E Franklin St Bloomfield, IA 52537
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