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Mixed-Use Property with Laundromat
For Sale
$322,500

111-112 E Franklin Street, Bloomfield, IA 52537

COMMERCIAL - Other - Bloomfield, IA

Property SizeContact for details
Days on Market359

Property Features for 111-112 E Franklin Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Business/Commercial
Parking features On Street, Assigned
Basement Full, Concrete, Block, Sump Pump
Accessibility Accessible Approach with Ramp
Appliances Range, Refrigerator
Lot features Corner Lot, Zero Lot Line
Directions Buildings are the two eastern-most buildings on the south side of the Bloomfield square.
Standard status Active
APN 01000930

Taxes and HOA fees

Tax Year 2024
Tax Description Legal descriptions pending approval of parcel splits. Tax info is for whole parcels.
Tax Annual Amount 4644
Legal Description Legal descriptions pending approval of parcel splits. Tax info is for whole parcels.

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1885
Number of units 6
Flooring type Carpet, Vinyl, Wood, Dirt
Building materials Block, Brick, Concrete, Stone, Stucco
Roof type Flat, Rubber
Architectural style Other
Listing Agency: Bogle Realty LLC
Listed By: Lori Bogle · License #***
Added: Aug 27, 2025 Changed: Aug 19 Last Checked: Aug 20 at 11:06AM
MLS# 6331242

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.

Located at 111-112 E Franklin Street on the Bloomfield square, this mixed-use property includes four apartments, a commercial rental space, and a laundromat. The residential component offers a three-bedroom, two-bedroom, one-bedroom, and studio apartment, providing a varied unit mix. Two apartments face the Davis County courthouse.

The commercial space is currently leased and includes a large storefront, kitchen-preparation area, office, half bath, and rear storage. The laundromat is equipped with Dexter and Whirlpool commercial washers and dryers. Property updates have been completed in several areas. Additional features include forced-air heating, central air, public water, a rubber flat roof, and assigned and on-street parking. The building dates to 1885 and includes an accessible approach with ramp.

Key Highlights

  • Four apartments: 3‑bedroom, 2‑bedroom, 1‑bedroom, and studio units
  • Leased commercial space with storefront, kitchen‑prep area, office, half bath, and rear storage
  • Laundromat includes Dexter and Whirlpool commercial washers and dryers

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Law Firm Plumbing Service Furniture & Home Goods

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

4
Residential units

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

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 - Historic square property combines apartments, leased commercial space, and on-site laundry operations.
Where is this mixed-use property located?
The property is located at 111-112 E Franklin Street Bloomfield, IA.
What is the asking price?
The asking price for this property is $322,500.
What are key features of this property?
This property features: Four apartments: 3‑bedroom, 2‑bedroom, 1‑bedroom, and studio units; Leased commercial space with storefront, kitchen‑prep area, office, half bath, and rear storage; Laundromat includes Dexter and Whirlpool commercial washers and dryers
More about this property
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