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Historic Mixed-Use Building with Apartments
For Sale
$290,000

108 S Madison Street, Bloomfield, IA 52537

Commercial Sale, Bloomfield, IA

Property SizeContact for details
Lot Size0.09 Acres
Days on Market601

Property Features for 108 S Madison Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Business/Commercial
Parking features On Street
Directions Property is located on the West side of the Square in downtown Bloomfield, IA
Standard status Active
APN 1000900
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description N 27' LOT 5 & S 1' LOT 4 BLOCK 24
Tax Annual Amount 4092
Legal Description N 27' LOT 5 & S 1' LOT 4 BLOCK 24

Utilities

Heating system Forced Air
Water source Public

Amenities

state inspected kitchen

Building Details

Year built 1890
Number of units 2
Building materials Brick
Architectural style Other
Listing Agency: First Class Properties
Listed By: Mary Williams
Added: Feb 3, 2025 Changed: Sep 7 Last Checked: Sep 27 at 7:06AM
MLS# 6325104

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1890, this brick mixed-use property combines a ground-floor retail area with two apartments on the upper level. The building is currently configured for a flower shop and includes a state-inspected kitchen that previously supported coffee shop operations. Separate utility meters serve the apartments and commercial space.

Located at 108 S Madison Street on the west side of the square in Bloomfield, the property carries Business/Commercial zoning. Building systems include forced-air heating and public water service, while parking is available on the street. The existing layout offers a combination of retail, residential, and food-service-related improvements within one historic structure.

Key Highlights

  • 1890 brick mixed‑use building
  • Ground‑floor retail area with two upstairs apartments
  • State‑inspected kitchen included

Property Analytics

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Current Use

Making Memories Flowers ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Hair Salon Big Box & Wholesale Store Law Firm

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
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

374
Businesses Nearby

Demographics for 52537, IA

7,248
Population
2,778
Households
2.6
Avg Household Size
37
Median Age
16%
College-Educated
81%
High-School Grad
338.5 sq mi
ZIP Area
21
Density / Sq Mi
$82,713
Median Household Income
$43,826
Median Earnings
$900
Median Rent
$153,400
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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick commercial building with retail space, two upstairs apartments, and a state-inspected kitchen.
Where is this mixed-use property located?
The property is located at 108 S Madison Street Bloomfield, IA.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: 1890 brick mixed‑use building; Ground‑floor retail area with two upstairs apartments; State‑inspected kitchen included
More about this property
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