Mixed-Use Building with
For Sale
$327,500
118 N Franklin Street, Manchester, IA 52057
Commercial Sale, Manchester, IA
Property SizeContact for details
Days on Market289
Property Features for 118 N Franklin Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C - Commercial; R - Resi
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 2, Bathroom 4, Bathroom 3, Basement
Parking
10
Basement
Full
Subdivision
WEST
Standard status
Active
APN
631293400700
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
elevator
outdoor patio space
2-car heated garage
Building Details
Year built
1900
Floors in Building
2
Flooring type
Wood
Building materials
Brick, Vinyl Siding
Listing Agency:
Skogman - Manchester
Listed By:
Kristine Baldwin · License #B57925000
(563) 920-9194
Added: Dec 12, 2025
Changed: Sep 26
Last Checked: Sep 27 at 10:06AM
MLS# 153597
Copyright © 2026 East Central Iowa 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 pairs nearly 2,000 square feet of main-level retail or office space with a two-bedroom, two-bath loft apartment above. The commercial area offers an open layout, while the residence includes an open-concept design and outdoor patio space. An elevator serves both levels, and the property includes a two-car heated garage.
The building is located at 118 N Franklin Street in Manchester, Iowa, and carries C - Commercial and R - Resi zoning. Brick and vinyl siding frame the structure, with wood flooring, forced-air heat, central air, public water, and public sewer. Existing lines and utilities remain in place for a potential restaurant, diner, or eatery conversion.
The building is located at 118 N Franklin Street in Manchester, Iowa, and carries C - Commercial and R - Resi zoning. Brick and vinyl siding frame the structure, with wood flooring, forced-air heat, central air, public water, and public sewer. Existing lines and utilities remain in place for a potential restaurant, diner, or eatery conversion.
Key Highlights
- Nearly 2,000 sq. ft. of main‑level retail or office space
- 2‑bedroom, 2‑bath loft apartment with open‑concept layout
- Elevator provides access to both levels
Property Analytics
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Current Use
Lease Details
1
Office units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
467
Businesses Nearby
Explore this area
Business Placement
Demographics for 52057, IA
8,064
Population
4,049
Households
2
Avg Household Size
45
Median Age
23%
College-Educated
91%
High-School Grad
138.9 sq mi
ZIP Area
58
Density / Sq Mi
$71,467
Median Household Income
$40,600
Median Earnings
$737
Median Rent
$168,800
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Main-level commercial space combines with a two-bedroom, two-bath loft apartment and elevator access between floors.
Where is this mixed-use property located?
The property is located at 118 N Franklin Street Manchester, IA.
What is the asking price?
The asking price for this property is $327,500.
What are key features of this property?
This property features: Nearly 2,000 sq. ft. of main‑level retail or office space; 2‑bedroom, 2‑bath loft apartment with open‑concept layout; Elevator provides access to both levels
