Mixed-Use Buildings with
For Sale
$875,000
112 & 116 E Court Avenue, Winterset, IA 50273
CommercialSale, Winterset, IA
Property SizeContact for details
Days on Market218
Property Features for 112 & 116 E Court Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C
Directions
From the intersection of Highway 92 and Highway 169 (Winterset), head south on John Wayne Drive. Continue south through town until you arrive at the intersection of John Wayne Drive and Court Ave. Turn left (east) onto E. Court Ave. The property will be on your right (south) side of the road.
Subdivision
Winterset
Standard status
Active
APN
828000125020000; 828000125030000
Taxes and HOA fees
Tax Description
E 1/3 EX E 6" LOT 3,BLOCK 25 ORIGINAL (112) and LOT 2 & E 6" LOT 3 EX E 19'N 80' LOT 2 BLK 25 EX W 4' OF N 32.6' BLK 25 ORIG (116)
Tax Annual Amount
9960
Legal Description
E 1/3 EX E 6" LOT 3,BLOCK 25 ORIGINAL (112) and LOT 2 & E 6" LOT 3 EX E 19'N 80' LOT 2 BLK 25 EX W 4' OF N 32.6' BLK 25 ORIG (116)
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Building materials
Brick
Listing Agency:
RE/MAX Precision · RE/MAX International
(515) 223-9492
Listed By:
Jeff Longman · License #S71773000
(319) 430-5523
Added: Jan 23
Changed: Aug 19
Last Checked: Aug 29 at 2:06PM
MLS# 733283
Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. 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 consists of buildings at 112 E Court Ave and 116 E Court Ave, with three commercial tenants on the first floor and five residential apartments above. The buildings were constructed in 1871 and 1894 and contain 1,540 SF and 4,524 SF, respectively. Brick construction, forced-air and natural-gas heating, and central air conditioning are in place. A separate one-story warehouse on the south side provides additional storage space.
The buildings sit across from Winterset’s historic town square in the county seat of Madison County. The surrounding context includes local businesses, tourism activity, historic covered bridges, scenic byways, and community festivals. The property is located in Winterset, Iowa, within ZIP Code 50273.
The buildings sit across from Winterset’s historic town square in the county seat of Madison County. The surrounding context includes local businesses, tourism activity, historic covered bridges, scenic byways, and community festivals. The property is located in Winterset, Iowa, within ZIP Code 50273.
Key Highlights
- Three commercial tenants occupy the first floor
- Five residential apartments are located on the second floor
- Includes a one‑story rear warehouse used for storage
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
533
Businesses Nearby
Explore this area
Business Placement
Demographics for 50273, IA
8,570
Population
3,927
Households
2.2
Avg Household Size
41
Median Age
25%
College-Educated
96%
High-School Grad
195.2 sq mi
ZIP Area
44
Density / Sq Mi
$80,018
Median Household Income
$48,149
Median Earnings
$948
Median Rent
$216,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Leased configuration places commercial occupants below residential apartments.
Where is this mixed-use property located?
The property is located at 112 & 116 E Court Avenue Winterset, IA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Three commercial tenants occupy the first floor; Five residential apartments are located on the second floor; Includes a one‑story rear warehouse used for storage
