Three-Story Brick Mixed-Use
For Sale
$325,000
105 N 1st St, Panora, IA 50216
Remodeled upstairs apartments accompany an operating laundromat on the main level.
Property SizeContact for details
Days on Market53
Property Features for 105 N 1st St
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$1,654
Building Details
Buildings
1
Stories
3
Construction
brick
Tenancy
Multi
Listing Agency:
RE/MAX Revolution
(515) 452-8357
Listed By:
Kyle Kuhns
(515) 238-9678
Source:
Exprealty
Added: Sep 1
Changed: Oct 16
Last Checked: Oct 20 at 11:30PM
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 RE/MAX Revolution
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Investment Insights
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This three-story brick mixed-use building combines four remodeled apartments with commercial space on the main floor. The residential component includes three one-bedroom units and one two-bedroom unit, and all four apartments are currently occupied.
The 1,320-square-foot main floor is operating as a laundromat. The space is also identified for potential retail, office, salon, studio, or service-business use, providing a range of commercial configurations within the existing building. Located in downtown Panora at 105 N 1st St, the property pairs an income-producing residential component with an active ground-floor business.
The 1,320-square-foot main floor is operating as a laundromat. The space is also identified for potential retail, office, salon, studio, or service-business use, providing a range of commercial configurations within the existing building. Located in downtown Panora at 105 N 1st St, the property pairs an income-producing residential component with an active ground-floor business.
Key Highlights
- Three‑story brick mixed‑use building at 105 N 1st St, Panora, IA
- Four remodeled upstairs apartments, including three 1‑bedroom units and one 2‑bedroom unit
- All four apartment units are currently occupied
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Remodeled upstairs apartments accompany an operating laundromat on the main level.
Where is this mixed-use property located?
The property is located at 105 N 1st St Panora, IA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Three‑story brick mixed‑use building at 105 N 1st St, Panora, IA; Four remodeled upstairs apartments, including three 1‑bedroom units and one 2‑bedroom unit; All four apartment units are currently occupied
