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Character-Rich Church Property
For Sale
$99,900

103 Pearl St., Thornburg, IA 50255

CommercialSale, Thornburg, IA

Property SizeContact for details
Lot Size0.24 Acres
Days on Market8

Property Features for 103 Pearl St.

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Elementary school TriCounty
Middle school TriCounty
Directions I-80 to Exit 201/IA-21, south on IA-21 toward What Cheer, east on IA-22 into Thornburg, then to Pearl St.
Subdivision OutOfArea
Standard status Active
APN THCOT-004400
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 194

Utilities

Cooling system Whole House Fan

Building Details

Year built 1925
Flooring type Wood
Building materials Frame
Roof type Composition
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Monica Hayes · License #S61528
Added: Aug 25 Changed: Aug 31 Last Checked: Sep 1 at 6:06PM
MLS# 202605233

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.

This 1925 church property at 103 Pearl St. in Thornburg offers a partially restored interior with frame construction, wood flooring, and architectural woodwork. The building includes soaring 10-foot lower-level ceilings, a newer electrical service, and whole-house fan cooling. Its layout can accommodate a range of commercial, creative, workshop, classroom, storage, or specialty uses identified for the property.

The 0.24-acre site is located near What Cheer and its recurring flea market events. A new Interstate 80 on-ramp or access point is being developed approximately 15 minutes away, adding a planned regional access improvement. The property is zoned Commercial and presents a distinctive existing structure for a buyer seeking adaptable space with historic character.

Key Highlights

  • 1925 church property with partially restored interior
  • 0.24‑acre commercial site at 103 Pearl St., Thornburg, IA 50255
  • 10‑foot lower‑level ceilings and wood flooring

Property Analytics

Current Use

Churches & religious facilities

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 50255, IA

45
Population
20
Households
2.3
Avg Household Size
49
Median Age
24%
College-Educated
97%
High-School Grad
0.2 sq mi
ZIP Area
225
Density / Sq Mi
$39,643
Median Household Income
$18,750
Median Earnings

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?
Church & religious facility - Commercially zoned property with wood flooring, frame construction, and a flexible interior layout.
Where is this church & religious facility located?
The property is located at 103 Pearl St. Thornburg, IA.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: 1925 church property with partially restored interior; 0.24‑acre commercial site at 103 Pearl St., Thornburg, IA 50255; 10‑foot lower‑level ceilings and wood flooring
More about this property
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