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    527 Broad St Story City, IA 50248

    For Sale
    $339,000

    See Remarks - Story City, IA

    Lot size:
    0.09 Acres
    Days on Market:
    18
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 527 Broad St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Comm
    APN
    01-12-315-205
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Flooring type
    Carpet, Tile, Vinyl
    Building materials
    Brick
    Architectural style
    Other

    RE/MAX REAL ESTATE CENTER 2324663 [email protected]

    Listing agent Real Estate Team, Jennings 2324663 License #S39814

    Listing date Nov 18, 2025

    MLS# 68957 Listing URL

    Copyright © 2025 Central Iowa Board of Realtors, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Story City Mixed-Use Investment

    This well-maintained commercial and multifamily building in Story City offers an investment opportunity with a mix of commercial and residential income. The property includes three leased commercial units: a yoga studio, a business with offices, and a pizza restaurant. The second story houses four apartments, including three one-bedroom units and one two-bedroom unit. Coin laundry is available on the second story for tenants. The roof has been recently replaced and comes with a transferable warranty. All four apartments benefit from updated HVAC equipment, and both water heaters have been replaced within the last year. Three of the apartments have been renovated by the current owner, while one retains its original condition. Two of the commercial units have also been updated under current ownership, while the third remains original. The building features updated electrical and some updated plumbing. Separate utility meters are in place, excluding water. Several tenants in this building are long-term tenants. The property is located in Story City, Iowa.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Simply Mindful Nutrition ... Yoga Studio

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Story City
    County
    Story
    State
    Iowa
    Longitude
    -93.5962182
    Latitude
    42.1873272

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    FAQs

    What type of property is this?
    Mixed-use property - Well-maintained commercial/multifamily building with income potential in Story City.
    Where is this mixed-use property located?
    The property is located at 527 Broad St Story City, 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: - Diversified investment opportunity with mix of commercial and residential income streams.; - Three leased commercial units: yoga studio, offices, pizza restaurant offer immediate income.; - Four apartments provide additional residential income, including one 2-bedroom unit.
    2324663
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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
    527 Broad St Story City, IA 50248
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