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Mixed-Use Building with Upper Apartment
For Sale
$165,000

113 N Main St., Paullina, IA 51046

Commercial, Paullina, IA

Property SizeContact for details
Lot Size0.08 Acres
Days on Market895

Property Features for 113 N Main St.

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Surrounding Areas/Other Areas
Standard status Active
APN 0000123300
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description ORIGINAL TOWN LOT 3 BLK 3
Tax Annual Amount 840
Legal Description ORIGINAL TOWN LOT 3 BLK 3

Amenities

exposed brick
original wood floors
glass front
back garage or storage area

Building Details

Year built 1903
Listing Agency: ISB Services Inc
Listed By: Corey Elgersma
Added: Apr 2, 2024 Changed: Sep 9 Last Checked: Sep 13 at 10:06AM
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.

Constructed in 1903, this mixed-use property combines a commercial storefront with an upper-level apartment. The main floor features exposed brick, original wood flooring, and a glass-front presentation. A rear garage or storage area measuring approximately 21' X 30' adds functional back-of-house space, while the lower level provides about 2,000 square feet of additional storage and matches the approximate size of the main floor.

The upper apartment provides a separate residential component within the building. Located at 113 N Main St. in downtown Paullina, the property occupies a 0.08-acre lot in O'Brien County. Its configuration brings together street-level commercial space, extensive storage, and an upstairs living area in one historic building.

Key Highlights

  • 1903‑built mixed‑use property at 113 N Main St., Paullina, IA 51046
  • Main floor with exposed brick, original wood floors, and a glass front
  • Upper‑level apartment provides a separate residential component

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

143
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown property combines a character-rich storefront, substantial storage areas, and an upstairs 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‑built mixed‑use property at 113 N Main St., Paullina, IA 51046; Main floor with exposed brick, original wood floors, and a glass front; Upper‑level apartment provides a separate residential component
More about this property
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