1201 E South Street, Mount Ayr, IA 50854
- Added:
- Jun 18, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 20 at 12:06 pm
Property Features for 1201 E South Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Garage - Detached
- Appliances
- Range, Microwave, Dishwasher, Refrigerator
- Standard status
- Active
- APN
- 0063021
- Lot size
- 2.00 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 7-68-29 A TRACT OF LAND LOCATED IN THE E 45 AC OF THE N 1/2 OF THE NE 1/4
- Tax Annual Amount
- 20664
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1993
- Number of units
- 12
- Flooring type
- Carpet, Vinyl, Tile
- Building materials
- Brick, Metal Siding
- Architectural style
- Other
Listing agent Jennifer Mercer (641) 344-3698
Listing office South Central Iowa Realty 200 W South St, Mount Ayr, IA (641) 464-2080
Listing date Jun 18, 2026
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.
HighLights
- 12‑unit apartment complex with all units offering 2 bedrooms, 1 bathroom, and in‑unit laundry
- Commercial office space currently occupied by a medical office, with additional room for expansion or other business use
- Over 2 acres of prime commercial real estate with frontage along Highway 2
- Built in 1993 with forced air heating and central air
- Brick and metal siding construction with tile, vinyl, and carpet flooring
- Detached garage parking plus public water service
Overview
The property includes over 2 acres of commercial land and is located on a highly visible site along Highway 2, with easy accessibility for tenants and visitors.
For buyers and operators seeking a mixed residential and office setup, the configuration provides on-site living income alongside an active medical office tenant. The combination of apartment units, an occupied commercial suite, and substantial land area supports practical planning for maintenance, leasing, and potential future residential or commercial improvements.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Mount Ayr
- County
- Ringgold
- State
- Iowa
- Longitude
- -94.224261
- Latitude
- 40.71058
