Mixed-Use Downtown Retail and
For Sale
$1,000,000
112 N Iowa St., Solon, IA 52333
Downtown mixed-use building with leasable main-floor commercial space and two rented upper apartments.
Property Size2,312 SF
Price / SF$432.53
Days on Market56
Property Features for 112 N Iowa St.
General Information
Standard status
Active
Size
2,312 SF
Property subtype
Commercial
Zoning
CR
Lease Type
NNN
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,500
Amenities
ConcreteSlabGrade
0.06
CountyRoad
Building Details
Year Built
1954
Listing Agency:
Fischels Commercial Group
(319) 899-3820
Listed By:
Hope Hall
(319) 899-3820
Source:
Pinnaclerealtyia
Added: Jun 29
Changed: Aug 22
Last Checked: Aug 22 at 3:53AM
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 Fischels Commercial Group
Investment Insights
Based on property information with market context.
112 N Iowa Ave is a mixed-use building in downtown Solon that combines commercial space on the main floor with two upper-level apartments. The main floor offers approximately 2,312 SF of commercial area and is available for lease on a NNN basis. The upper apartments are each currently rented for $1,500 per month, creating in-place residential income within the same structure.
The property is positioned in the heart of downtown Solon, with main-floor visibility intended for retail, office, service, or other compatible commercial uses. The building’s flexible layout supports a range of storefront and service-style tenant needs, with direct access from the street level through the commercial frontage.
For investors or owner-users, the building provides a straightforward live-and-lease framework: residential units already generate rental income while the main level can be marketed to a commercial tenant seeking a centrally located presence. The combination of upper apartments and ground-floor commercial space can be especially useful for operators looking to control leasing across multiple income streams within one downtown property.
The property is positioned in the heart of downtown Solon, with main-floor visibility intended for retail, office, service, or other compatible commercial uses. The building’s flexible layout supports a range of storefront and service-style tenant needs, with direct access from the street level through the commercial frontage.
For investors or owner-users, the building provides a straightforward live-and-lease framework: residential units already generate rental income while the main level can be marketed to a commercial tenant seeking a centrally located presence. The combination of upper apartments and ground-floor commercial space can be especially useful for operators looking to control leasing across multiple income streams within one downtown property.
Key Highlights
- Downtown Solon mixed‑use building with main‑floor commercial space plus two upper‑level apartments.
- Main floor includes approx. 2,312 SF of commercial space available for lease at $16.00 NNN.
- Two upper apartments are currently rented for $1,500 per month each.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
195
Businesses Nearby
Explore this area
Business Placement
Demographics for 52333, IA
7,312
Population
2,949
Households
2.5
Avg Household Size
43
Median Age
43%
College-Educated
98%
High-School Grad
85.6 sq mi
ZIP Area
85
Density / Sq Mi
$113,917
Median Household Income
$48,555
Median Earnings
$1,202
Median Rent
$347,800
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?
Duplex - Downtown mixed-use building with leasable main-floor commercial space and two rented upper apartments.
Where is this duplex located?
The property is located at 112 N Iowa St. Solon, IA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Downtown Solon mixed‑use building with main‑floor commercial space plus two upper‑level apartments.; Main floor includes approx. 2,312 SF of commercial space available for lease at $16.00 NNN.; Two upper apartments are currently rented for $1,500 per month each.
