Building Details

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Listing Agency: Sunset Realty i***@sunsetrealtyia.com Show Phone

Listed By: David Wagler Show Phone

Source: Exprealty

Added: Oct 22 Changed: Oct 30 Last Checked: Nov 1 at 7:50AM

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Investment Insights

Based on property information with market context.

This downtown Panora property combines a commercial space with a second-floor apartment. The main level has an open dining area, commercial kitchen space, updated electrical, an ADA-accessible restroom, and a separate Main Street entrance. The apartment includes 2 bedrooms, 2 bathrooms, a living room, family room, kitchen, enclosed stairway access from Main Street, and additional storage. A utility area houses the furnace.

The property sits directly across from Panora’s town square. A full basement provides storage, with access from the commercial level and through a large exterior door off the rear alley.

Key Highlights

• Two‑bedroom, two‑bathroom apartment above the commercial space
• Main level has an open dining area, commercial kitchen space, and ADA‑accessible restroom
• Separate Main Street entrance for the commercial level

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

The Lake Panorama Pizzeria Restaurant

Suggested Use

Top Pick Building Supply Dental Office HVAC Service Plumbing Service Garden Center 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.

Lease Details

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

232

Businesses Nearby

15k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 91% Dining 9%

Panora Shops & Services

12,943 visits/mo 0.2 miles

SUBWAY Dining

1,366 visits/mo 0.4 miles

Napa Auto Parts Shops & Services

685 visits/mo 0.4 miles

Demographics for 50216, IA

2,722

Population

1,825

Households

1.5

Avg Household Size

52

Median Age

28%

College-Educated

97%

High-School Grad

51.7 sq mi

ZIP Area

53

Density / Sq Mi

$91,250

Median Household Income

$58,250

Median Earnings

$1,032

Median Rent

$199,400

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - The commercial level includes a dining area, kitchen space, and a separate Main Street entrance.

Where is this mixed-use property located?

The property is located at 104 W Main St Panora, IA.

What is the asking price?

The asking price for this property is $200,000.

What are key features of this property?

This property features: Two‑bedroom, two‑bathroom apartment above the commercial space; Main level has an open dining area, commercial kitchen space, and ADA‑accessible restroom; Separate Main Street entrance for the commercial level