Search
Renovated Mixed-Use Asset
For Sale
$3,750,000

101 Third Street, Knoxville, IA 50138

CommercialSale, Knoxville, IA

Property SizeContact for details
Lot Size0.17 Acres
Days on Market37

Property Features for 101 Third Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning RC
Appliances Cooktop, Dryer, Dishwasher, Microwave, Refrigerator
Lot features Rectangular Lot
Elementary school district Knoxville
Middle school district Knoxville
High school district Knoxville
Directions Use Google maps for directions to location
Subdivision Knoxville
Standard status Active
APN 0842774000
Lot size 0.17 Acres

Taxes and HOA fees

Tax Description ORIG BLK 1 LOT 4
Tax Annual Amount 2602
Legal Description ORIG BLK 1 LOT 4

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air

Building Details

Year built 1900
Building materials Brick
Roof type Rubber
Listing Agency: Realty ONE Group Impact
Listed By: Dennis Darnell
Added: Jul 17 Changed: Aug 19 Last Checked: Aug 22 at 4:06AM
MLS# 745325

Copyright © 2026 Des Moines Area Association 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.

Investment Insights

Based on property information with market context.

This mixed-use property in downtown Knoxville combines street-level commercial space with residential accommodations on the upper floors. The upper levels were completely redesigned and renovated, while extensive improvements added modern finishes throughout the residential and commercial areas. The layout supports multiple operating concepts, including long-term residential rentals, short-term rentals, and a wedding or event venue component.

The building was constructed in 1900 on a 0.17-acre parcel and features brick construction, a rubber roof, natural-gas heating, central air, and public sewer service. Interior appliances include a cooktop, dryer, dishwasher, microwave, and refrigerator. RC zoning and the combination of commercial and residential areas define the property's mixed-use format.

Key Highlights

  • 0.17‑acre mixed‑use property in downtown Knoxville
  • Upper floors completely redesigned and renovated for residential use
  • Street‑level commercial space with additional wedding and event venue potential

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick construction combines updated residential accommodations with street-level commercial space in downtown Knoxville.
Where is this mixed-use property located?
The property is located at 101 Third Street 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: 0.17‑acre mixed‑use property in downtown Knoxville; Upper floors completely redesigned and renovated for residential use; Street‑level commercial space with additional wedding and event venue potential
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message