Versatile Historic Manchester
For Sale
$425,000
107 S Franklin St, Manchester, IA 52057
Prime downtown location with retail, warehousing, and residential potential.
Property Size15,000 SF
Lot Size0.39 Acres
Price / SF$28.33
Days on Market308
Property Features for 107 S Franklin St
General Information
Standard status
Active
Size
15,000 SF
Lot size
0.39 Acres
Listing Agency:
Realty87
(319) 491-5446
Listed By:
Tyler Lautke
(319) 491-5446
Source:
Exprealty
Added: Sep 26, 2025
Changed: Jul 6
Last Checked: Jul 30 at 4:55PM
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
Current Use
Location Intelligence
Trade Area within ½ mile
465
Businesses Nearby
Explore this area
Business Placement
Demographics for 52057, IA
8,064
Population
4,049
Households
2
Avg Household Size
45
Median Age
23%
College-Educated
91%
High-School Grad
138.9 sq mi
ZIP Area
58
Density / Sq Mi
$71,467
Median Household Income
$40,600
Median Earnings
$737
Median Rent
$168,800
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
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.
