Building Details

Year built 1903

Listing Agency: ISB Services Inc Show Phone

Listed By: Corey Elgersma Show Phone

Added: Apr 2, 2024 Changed: Sep 23 Last Checked: Sep 28 at 3:06AM

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MLS# 824226

Copyright © 2026 Northwest Iowa Regional Board of Realtors. 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.

Built in 1903, this mixed-use property includes a street-level commercial area with exposed brick, original wood flooring, and a glass storefront. A rear garage or storage area measures approximately 21 by 30 feet, adding functional support space to the main level.

The lower level provides approximately 2,000 square feet of additional storage, while the upper floor contains an apartment. The property occupies 0.08 acres at 113 N Main St. in Paullina, with gas service from Black Hills Energy and municipal electricity, garbage, recycling, water, and sewer service.

Key Highlights

• 1903 construction with exposed brick, original wood floors, and a glass storefront
• Approximately 2,000 square feet of lower‑level storage
• Rear garage or storage area measuring approximately 21' X 30'

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Dental Office Big Box & Wholesale Store Cafe & Coffee Shop

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

1

Residential units

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

143

Businesses Nearby

5k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Casey's Shops & Services

5,274 visits/mo 0.2 miles

Demographics for 51046, IA

1,497

Population

825

Households

1.8

Avg Household Size

45

Median Age

21%

College-Educated

95%

High-School Grad

93.3 sq mi

ZIP Area

16

Density / Sq Mi

$81,389

Median Household Income

$44,958

Median Earnings

$804

Median Rent

$161,200

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

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Historic downtown property combines a storefront, substantial storage, and an upper-level apartment.

Where is this mixed-use property located?

The property is located at 113 N Main St. Paullina, IA.

What is the asking price?

The asking price for this property is $165,000.

What are key features of this property?

This property features: 1903 construction with exposed brick, original wood floors, and a glass storefront; Approximately 2,000 square feet of lower‑level storage; Rear garage or storage area measuring approximately 21' X 30'