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Mixed-Use Building with Apartments
For Sale
$149,900

104 W Jayne St, Lone Tree, IA 52755

The ground floor has a laundromat and separate business area, with two apartments on the upper level.

Property SizeContact for details
Days on Market153

Property Features for 104 W Jayne St

General Information

Standard status Active
Property subtype Commercial
Zoning Commercial

Units

Unit Mix 2 x 2BR
Multifamily Units 2

Additional Details

Gross Income $19,800
Mixed-Use Components retail, office, residential

Taxes and HOA fees

Annual Taxes $1,637

Building Details

Year Built 1880
Listing Agency: REMAX Affiliates
Listed By: Julie Chown
Source: Kalonarealty
Added: May 28 Changed: Oct 26 Last Checked: Oct 26 at 4:08AM

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 REMAX Affiliates

Rey
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Investment Insights

Based on property information with market context.

This commercial property in Lone Tree, Iowa, combines ground-floor business space with two apartments above. The main level includes a laundromat with four washers and four dryers, plus a separate area for a business or office. Two two-bedroom apartments occupy the upper floor. The building dates to 1880 and has Commercial zoning.

Improvements include a roof replaced in 2023, apartment HVAC installed in 2022 and located on the roof, and new windows and an exterior door. The consignment shop has air conditioning installed in 2022.

Key Highlights

  • Two upper‑level apartments, each with two bedrooms
  • Ground‑floor laundromat with 4 washers and 4 dryers
  • Separate main‑level area for a business or office

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Auto Repair Shop Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store Skin Care Clinic Acupuncture

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

Location Intelligence

Trade Area within ½ mile

86
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Lone Tree Shops & Services
5,693 visits/mo 0.1 miles
BP Shops & Services
2,120 visits/mo 0.1 miles

Demographics for 52755, IA

1,996
Population
870
Households
2.3
Avg Household Size
43
Median Age
19%
College-Educated
95%
High-School Grad
57.8 sq mi
ZIP Area
35
Density / Sq Mi
$98,125
Median Household Income
$49,375
Median Earnings
$960
Median Rent
$219,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The ground floor has a laundromat and separate business area, with two apartments on the upper level.
Where is this mixed-use property located?
The property is located at 104 W Jayne St Lone Tree, IA.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Two upper‑level apartments, each with two bedrooms; Ground‑floor laundromat with 4 washers and 4 dryers; Separate main‑level area for a business or office
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