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Historic Mixed-Use Building with Apartments
For Sale
$199,000

100 W Center St, Monona, IA 52159

Mixed-use building with a main-floor commercial space and two apartments above, with recent roof and window updates.

Property Size9,992 SF
Price / SF$19.92
Days on Market110

Property Features for 100 W Center St

General Information

Standard status Active
Size 9,992 SF

Additional Details

Business Included Yes
Multifamily Units 2

Building Details

Year Built 1890
Listing Agency: EXIT Realty Driftless Group
Listed By: Ali Werger · License #B66619000
Source: Kwlegacyrealty
Added: Jul 6 Changed: Oct 3 Last Checked: Oct 7 at 5:18PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXIT Realty Driftless Group

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Investment Insights

Based on property information with market context.

This historic mixed-use building offers a combined commercial and residential setup in one structure. The main floor is configured as a commercial space with large windows that bring in natural light and support street-facing visibility. On the upper level, there are two apartments, providing rental housing within the same property.

Public remarks describe the building as one of only three remaining opera houses in the county, adding historic character to the property. Recent updates include a new roof and new windows, intended to provide added confidence for the next owner.

The asset is positioned for buyers seeking both storefront and income from the apartment units, with the commercial area suitable for a range of business concepts as described in the offering.

Key Highlights

  • Historic mixed‑use building built in 1890 with a total building area of 5,536 SF
  • Corner lot on a city street with 0.15 acres
  • Main‑floor commercial space with large windows

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Plumbing Service Furniture & Home Goods Garden Center Storage Facility (Bike/Boat/Book/etc) Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

167
Businesses Nearby

Demographics for 52159, IA

2,232
Population
1,232
Households
1.8
Avg Household Size
41
Median Age
13%
College-Educated
96%
High-School Grad
72.8 sq mi
ZIP Area
31
Density / Sq Mi
$71,136
Median Household Income
$45,671
Median Earnings
$861
Median Rent
$149,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use building with a main-floor commercial space and two apartments above, with recent roof and window updates.
Where is this mixed-use property located?
The property is located at 100 W Center St Monona, IA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Historic mixed‑use building built in 1890 with a total building area of 5,536 SF; Corner lot on a city street with 0.15 acres; Main‑floor commercial space with large windows
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