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    306 W State St Williamsburg, IA 52361

    For Sale
    $360,000

    Commercial - IA

    Lot size:
    0.29 Acres
    Days on Market:
    128
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 306 W State St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    905603039
    Interior features
    Elevator, Zerostepentry
    Accessibility
    Accessible Elevator Installed
    Lot size
    0.29 Acres

    Utilities

    Heating system
    Heat Pump (Heating), Steam
    Cooling system
    Central Air, Multi Units, Wall Unit(s)

    Building Details

    Year built
    1890
    Flooring type
    Carpet, Vinyl
    Roof type
    Composition
    Architectural style
    Other

    Lepic-Kroeger, REALTORS (319) 351-8811 [email protected]

    Listing agent Lexi Belland Perez (319) 351-8811

    Listing date Jul 31, 2025

    MLS# 202504797 Listing URL

    Copyright © 2025 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.

    Overview

    Income-Producing Mixed-Use Investment Opportunity

    This income-producing investment property is located on a corner lot in the downtown district of Williamsburg, Iowa. The property, totaling over 5,300 square feet, was extensively renovated in 2022. It features four leased spaces for businesses, two garages rented for storage, and a fully furnished apartment currently utilized as an Airbnb. The apartment includes two bedrooms, a full bathroom with a stand-up shower, and essential appliances, including a stackable washer and dryer installed in 2023. The property is zoned commercial and sits on a 0.29-acre lot. This property offers potential for entrepreneurs and investors looking to expand their portfolio, generate passive income, or capitalize on the local market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Miracle-Ear Hearing Aid ... Hearing Aid Store Midwest Counseling Mental Health Clinic Witte's Home Decorating Carpet Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Williamsburg
    County
    Iowa
    State
    Iowa
    Longitude
    -92.011312
    Latitude
    41.662062

    Nearby Similar for Sale

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    • $399,900
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      Downtown Williamsburg Investment Property

      High-yield multi-unit property with Airbnb.
      306 State St, Williamsburg, IA 52361
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    • $235,000
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      Williamsburg Commercial Property Investment

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    FAQs

    What type of property is this?
    Mixed-use property - Extensively renovated mixed-use property with diverse income streams in Williamsburg, IA.
    Where is this mixed-use property located?
    The property is located at 306 W State St Williamsburg, IA.
    What is the asking price?
    The asking price for this property is $360,000.
    What are key features of this property?
    This property features: - Income-producing property with diverse revenue streams: four leased business spaces, two rented garages, and a fully furnished Airbnb apartment.; - Prime corner lot location in the heart of Williamsburg's bustling downtown district.; - Extensively renovated in 2022, offering a modern and updated environment.
    (319) 351-8811
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    Williamsburg, IA 52361
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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
    306 W State St Williamsburg, IA 52361
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