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Renovated Mixed-Use Property
For Sale
$3,750,000

101 Third St, Knoxville, IA 50138

Downtown building combining street-level commercial space with renovated upper-floor residential units and multiple rental formats.

Property Size12,000 SF
Price / SF$312.50
Days on Market72

Property Features for 101 Third St

General Information

Standard status Active
Size 12,000 SF
Property subtype Commercial

Building Details

Year Built 1900
Listing Agency: Realty ONE Group Impact
Listed By: Dennis Darnell (515) 402-0567
Source: Centraliowahomesearch
Added: Jun 20 Changed: Aug 30 Last Checked: Aug 30 at 12:54AM

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 Realty ONE Group Impact

Investment Insights

Based on property information with market context.

This 12,000-square-foot mixed-use property at 101 Third St in Knoxville, Iowa, was built in 1900 and has undergone extensive renovation. The building includes street-level commercial space and redesigned upper floors with modern residential units. Residential operations include both stabilized long-term rentals and short-term rental accommodations, creating a combination of commercial and residential use within one property.

The property is located in downtown Knoxville and has historically supported local street-level businesses, including Candi's Flowers, which has operated in the Knoxville area since 1983. Recent improvements include updated finishes throughout the residential units and commercial areas, along with a reconfiguration of the upper floors for residential occupancy. The property also includes an event-venue concept identified in the source information as an additional use opportunity.

Key Highlights

  • 12,000‑square‑foot mixed‑use property at 101 Third St, Knoxville, IA 50138
  • Built in 1900 and extensively renovated with modern finishes
  • Street‑level commercial space with redesigned upper‑floor residential units

Property Analytics

Current Use

Candi's Flowers (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Auto Parts Store Pharmacy Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

452
Businesses Nearby

Demographics for 50138, IA

11,631
Population
5,181
Households
2.2
Avg Household Size
43
Median Age
28%
College-Educated
94%
High-School Grad
168.1 sq mi
ZIP Area
69
Density / Sq Mi
$76,887
Median Household Income
$46,580
Median Earnings
$815
Median Rent
$169,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown building combining street-level commercial space with renovated upper-floor residential units and multiple rental formats.
Where is this mixed-use property located?
The property is located at 101 Third St Knoxville, IA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 12,000‑square‑foot mixed‑use property at 101 Third St, Knoxville, IA 50138; Built in 1900 and extensively renovated with modern finishes; Street‑level commercial space with redesigned upper‑floor residential units
More about this property
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