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Mixed-Use Building With Apartments
New
For Sale
$240,000

110 E 1st St, Mechanicsville, IA 52306

Commercial storefront, shop space, and two occupied apartments share this multi-level property.

Property Size10,220 SF
Price / SF$23.48
Days on Market4

Property Features for 110 E 1st St

General Information

Standard status Active
Size 10,220 SF
Occupancy 100%

Units

Unit Mix 2 x 2BR
Multifamily Units 2

Building Details

Year Built 1913
Tenancy Multi
Listing Agency: Pinnacle Realty LLC
Listed By: Emily Robison
Source: Kwlegacyrealty
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 10 at 7:55AM

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 Pinnacle Realty LLC

Investment Insights

Based on property information with market context.

Built in 1913, this 10,220-square-foot mixed-use building combines commercial and residential components. The main level includes a storefront area, an attached support space with a kitchen, bathroom, and laundry, plus shop areas that include indoor storage space currently rented to individuals.

The upper level contains two separate two-bedroom apartments, both occupied by renters. Located at 110 E 1st St in Mechanicsville, the property offers a combination of storefront, workshop, storage, and residential space within one building.

Key Highlights

  • 10,220‑square‑foot mixed‑use building constructed in 1913
  • Main‑level storefront with attached kitchen, bathroom, and laundry area
  • Shop areas include indoor storage space rented to individuals

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick HVAC Service Auto Parts Store Storage Facility Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store

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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

96
Businesses Nearby

Demographics for 52306, IA

1,653
Population
650
Households
2.5
Avg Household Size
44
Median Age
15%
College-Educated
95%
High-School Grad
75.2 sq mi
ZIP Area
22
Density / Sq Mi
$61,736
Median Household Income
$44,306
Median Earnings
$594
Median Rent
$159,700
Median Home Value

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 - Commercial storefront, shop space, and two occupied apartments share this multi-level property.
Where is this mixed-use property located?
The property is located at 110 E 1st St Mechanicsville, IA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 10,220‑square‑foot mixed‑use building constructed in 1913; Main‑level storefront with attached kitchen, bathroom, and laundry area; Shop areas include indoor storage space rented to individuals
More about this property
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