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Versatile Historic Manchester Building

107 S Franklin St Manchester, IA 52057

Claim this Listing
For Sale
$425,000

Prime downtown location with retail, warehousing, and residential potential.

Property size:
15,000 SF
Lot size:
0.39 Acres
Price / SF:
$28/SF
Added:
Sep 26, 2025
Days on Market:
289
Last Refresh:
Jan 20 at 10:39 am

Property Features for 107 S Franklin St

General Information

Standard status
Active
Size
15,000 SF
Lot size
0.39 Acres

Listing office Realty87

Listing date Sep 26, 2025

Source Exprealty

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 Realty87


Investment Insights

Based on property information with market context.

This historic building in Manchester, with only four owners since 1900, offers significant visibility in a prime downtown location. Situated on a main street en route to a popular grocery store and a white water tourist attraction, the property benefits from built-in traffic and visibility. The building, formerly a pharmacy, drug store, and 1950s-style ice cream parlor, presents a versatile space for realizing various business concepts. The above-grade area encompasses nearly 15,000 square feet, offering possibilities for retail ventures or other creative uses. The downstairs area provides ample storage for warehousing and includes a former youth center with handicap accessibility. The upstairs space is ready for renovation into potential apartments, additional retail space, or a dance hall. This location is suited for retail, warehousing, industrial, and residential income purposes.

Key Highlights

  • Prime downtown location on a main strip with high traffic and visibility, en route to a popular grocery store and tourist attraction.
  • Substantial 15,000 sqft above‑grade space offering versatile potential for retail, apartments, or entertainment.
  • Rich history with only 4 owners since 1900, offering a unique piece of Manchester's past.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Pharmacy Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Law Firm Skin Care Clinic Bakery (Bike/Boat/Book/etc) Store Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Prime downtown location with retail, warehousing, and residential potential.
Where is this retail space located?
The property is located at 107 S Franklin St Manchester, IA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Prime downtown location on a main strip with high traffic and visibility, en route to a popular grocery store and tourist attraction.; Substantial 15,000 sqft above‑grade space offering versatile potential for retail, apartments, or entertainment.; Rich history with only 4 owners since 1900, offering a unique piece of Manchester's past.
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