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Historic Six-Unit Mixed-Use Building
New
For Sale
$425,000

101 Marion Ave., Washington, IA 52353

CommercialSale, Washington, IA

Property SizeContact for details
Lot Size0.11 Acres
Days on Market2

Property Features for 101 Marion Ave.

General Information

Property type Commercial Sale
Property subtype Other
Zoning B1
Directions From East Washington, North on Marion to Main. Building on the corner of Marion and Main
Subdivision WashingtonArea
Standard status Active
APN 11-17-313-009
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7102

Utilities

Heating system Forced Air, Natural Gas
Cooling system Central Air

Building Details

Year built 1900
Flooring type Tile, Wood
Building materials Brick
Listing Agency: Century 21 Trinity
Listed By: Tim Elliott
Added: Sep 1 Last Checked: Sep 2 at 6:06AM
MLS# 202605291

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Built in 1900, this brick mixed-use property contains six distinct units spanning retail, professional office, restaurant/bar, and residential space. Existing occupants include The Village, the Washington Chamber of Commerce, JP's Restaurant & Bar, another office tenant, and two upper-level residences. Tile and wood flooring, forced-air natural gas heat, and central air support the building’s varied uses.

The property occupies the corner of W Main St. and S Marion Avenue in downtown Washington, Iowa, at 101 Marion Ave. Its location places retail, office, hospitality, and residential functions within one building. Renovation work completed in 2007-2008 included a new roof, electrical wiring, plumbing, and HVAC systems, creating the current six-unit configuration.

Key Highlights

  • Six separate units with retail, professional office, restaurant/bar, and residential uses
  • Renovated in 2007‑2008 with new roof, electrical wiring, plumbing, and HVAC systems
  • Brick building constructed in 1900

Property Analytics

Current Use

The Village (Bike/Boat/Book/etc) Store The Wooden Spoon (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring 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.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

517
Businesses Nearby

Demographics for 52353, IA

9,416
Population
3,995
Households
2.4
Avg Household Size
41
Median Age
22%
College-Educated
93%
High-School Grad
157.4 sq mi
ZIP Area
60
Density / Sq Mi
$63,232
Median Household Income
$36,062
Median Earnings
$912
Median Rent
$155,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Corner property combines retail, office, hospitality, and residential spaces under B1 zoning.
Where is this mixed-use property located?
The property is located at 101 Marion Ave. Washington, IA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Six separate units with retail, professional office, restaurant/bar, and residential uses; Renovated in 2007‑2008 with new roof, electrical wiring, plumbing, and HVAC systems; Brick building constructed in 1900
More about this property
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