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Mixed-Use Building With Apartments
For Sale
$290,000

108 S Madison Street, Bloomfield, IA 52537

COMMERCIAL - Other - Bloomfield, IA

Property SizeContact for details
Lot Size0.09 Acres
Days on Market555

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

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: Aug 4 Last Checked: Aug 12 at 12:06PM
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.

This mixed-use property combines a ground-floor retail area with two apartments above, creating a vertically integrated commercial and residential layout. The building is currently operated as a flower shop and includes a state-inspected kitchen that previously supported a coffee shop. Separate meters serve the upstairs apartments.

Constructed in 1890, the brick building is located on the west side of the square in Bloomfield. The property has Business/Commercial zoning, forced-air heating, public water, and on-street parking. Its existing retail setup, residential component, and kitchen infrastructure support continued mixed-use occupancy, subject to applicable approvals and operating requirements.

Key Highlights

  • Two upstairs apartments with separate meters
  • Ground‑floor retail area in a mixed‑use building
  • State‑inspected kitchen previously used for a coffee shop

Property Analytics

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
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

343
Businesses Nearby
31k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 85% Dining 15%
Casey's General Store Shops & Services
13,912 visits/mo 0.1 miles
Dollar Tree Shops & Services
5,830 visits/mo 0.1 miles
BP Shops & Services
5,322 visits/mo 0.4 miles
SUBWAY Dining
4,727 visits/mo 0.1 miles
Carquest Auto Parts Shops & Services
1,287 visits/mo 0.2 miles

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick commercial building combines retail space, upstairs residential units, 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: Two upstairs apartments with separate meters; Ground‑floor retail area in a mixed‑use building; State‑inspected kitchen previously used for a coffee shop
More about this property
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