Mixed-Use Main Street
New
For Sale
$159,000
223 W Main St, Cherokee, IA 51012
Commercial, Cherokee, IA
Property Size4,560 SF
Lot Size0.06 Acres
Price / SF$34.87
Days on Market3
Property Features for 223 W Main St
General Information
Property type
Commercial Sale
Property subtype
Other
Elementary school
Cherokee
Middle school
Cherokee
High school
Washington High
Subdivision
Surrounding Areas/Other Areas
Standard status
Active
APN
0734203004
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
LOT 4 BLK 11 NEW CHEROKEE ADD 034-092-040 6257
Tax Annual Amount
2064
Legal Description
LOT 4 BLK 11 NEW CHEROKEE ADD 034-092-040 6257
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1898
Roof type
Wood
Listing Agency:
Rasmus Realty & Auction
Listed By:
Brian Decker · License #S44048
(712) 225-4911
Added: Sep 14
Changed: Sep 16
Last Checked: Sep 16 at 3:06AM
MLS# 834632
Copyright © 2026 Northwest Iowa Regional Board 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 contains approximately 4,560 sq. ft. within a two-level configuration. The main floor is suited to commercial occupancy, while the upper level provides potential for living space or another functional use. The property was built in 1898 and includes forced-air heating, central air, and a wood roof.
Situated at 223 W Main St in Cherokee, the building occupies an approximately 0.0551-acre lot along the downtown commercial corridor. Its combination of business space and potential residential use supports an owner-user arrangement or a mixed-use investment strategy, subject to applicable approvals.
Situated at 223 W Main St in Cherokee, the building occupies an approximately 0.0551-acre lot along the downtown commercial corridor. Its combination of business space and potential residential use supports an owner-user arrangement or a mixed-use investment strategy, subject to applicable approvals.
Key Highlights
- Approximately 4,560 sq. ft. of space
- Approximately 0.0551‑acre lot at 223 W Main St
- Main‑level commercial space with upper‑level living potential
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
390
Businesses Nearby
Explore this area
Business Placement
Demographics for 51012, IA
6,592
Population
2,889
Households
2.3
Avg Household Size
46
Median Age
20%
College-Educated
93%
High-School Grad
147.7 sq mi
ZIP Area
45
Density / Sq Mi
$56,964
Median Household Income
$33,141
Median Earnings
$725
Median Rent
$127,900
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 - Two-level layout combines commercial space with potential upper-floor living in Cherokee’s downtown area.
Where is this mixed-use property located?
The property is located at 223 W Main St Cherokee, IA.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: Approximately 4,560 sq. ft. of space; Approximately 0.0551‑acre lot at 223 W Main St; Main‑level commercial space with upper‑level living potential
