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Mixed-Use Building with Freight Elevator
For Sale
Contact for pricing
Pending

114 N Iowa Ave, Washington, IA 52353

Combines a five-bedroom upper residence, a separate apartment, and flexible commercial space within one brick building.

Property Size2,000 SF
Days on Market143

Property Features for 114 N Iowa Ave

General Information

Standard status Pending
Size 2,000 SF
Elevators Yes
Property subtype Multifamily

Amenities

original built-in bookcase with sliding ladder
high tin ceiling

Building Details

Buildings 1
Construction brick
Tenancy Multi
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Jessica Yoder · License #IA
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:19AM

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 Lepic-Kroeger, REALTORS

Investment Insights

Based on property information with market context.

Located at 114 N Iowa Ave in Washington, this brick mixed-use property combines substantial residential and commercial improvements. The upper level contains a 3,426-square-foot, five-bedroom home with 3 ½ bathrooms, an open kitchen and dining area, hardwood floors, a sunroom or office, two balconies, and the original freight elevator. The building was gutted to the studs beginning in 2015.

The main level adds a private-entry apartment of just over 1,240 square feet, with two bedrooms, two full bathrooms, a loft, kitchen, living room, and deck access to a fenced yard. A separate 2,000-square-foot commercial area offers open interior space, a detailed high tin ceiling, and a built-in bookcase with sliding ladder. Additional features include a full 3,600-square-foot basement, off-street parking, and RV electrical hookup.

Key Highlights

  • 3,426‑square‑foot upper residence with five bedrooms and 3 ½ bathrooms
  • Separate apartment of just over 1,240 square feet with two bedrooms and two full bathrooms
  • 2,000‑square‑foot commercial space with high tin ceiling and built‑in bookcase

Property Analytics

Current Use

Brown Chiropractic Clinic Alternative Medicine Practice Mrs. Kelli Brown Alternative Medicine Practice Emporium Department Store L.E.T.'s Center for the Healing ... Theater & Performing Art Venue

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Skin Care Clinic Gym & Fitness Center Dental Office

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

524
Businesses Nearby

Demographics for 52353, IA

9,416
Population
3,995
Households
2.4
Avg Household Size
41
Median Age
22%
College-Educated
93%
High-School Grad
157.4 sq mi
ZIP Area
60
Density / Sq Mi
$63,232
Median Household Income
$36,062
Median Earnings
$912
Median Rent
$155,700
Median Home Value

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 - Combines a five-bedroom upper residence, a separate apartment, and flexible commercial space within one brick building.
Where is this mixed-use property located?
The property is located at 114 N Iowa Ave Washington, IA.
What are key features of this property?
This property features: 3,426‑square‑foot upper residence with five bedrooms and 3 ½ bathrooms; Separate apartment of just over 1,240 square feet with two bedrooms and two full bathrooms; 2,000‑square‑foot commercial space with high tin ceiling and built‑in bookcase
More about this property
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