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Two-Story Mixed-Use Building
For Sale
$120,000

114 W Main St, Panora, IA 50216

Ground-floor commercial rooms are paired with a one-bedroom apartment above, with entrances at the front and rear.

Property Size1,540 SF
Price / SF$77.92
Days on Market22

Property Features for 114 W Main St

General Information

Standard status Active
Size 1,540 SF
Property subtype Commercial

Building Details

Year Built 1900
Listing Agency: Sunset Realty
Listed By: Angela Worth (641) 755-2377
Source: Centraliowahomesearch
Added: Sep 16 Changed: Oct 1 Last Checked: Oct 5 at 7:06PM

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 Sunset Realty

Investment Insights

Based on property information with market context.

This two-story mixed-use property contains approximately 1,540 square feet, with commercial space on the ground floor and a one-bedroom apartment on the upper level. The commercial area has a large front room with a counter, five additional rooms, and rear access to an unfinished basement. Washer and dryer hookups are located in the rear room. The apartment includes a kitchen, bathroom, and living area. Arched window openings are among the building’s original architectural features.

At 114 W Main St in Panora, the property sits across from the town square and city gazebo. An alley entrance provides rear access in addition to the front entry.

Key Highlights

  • Two‑story mixed‑use building with approximately 1,540 square feet
  • Ground floor includes a large front room, counter area, and five smaller rooms
  • Upper‑level one‑bedroom apartment has a kitchen, bathroom, and living area

Property Analytics

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Current Use

Panora PETS Charitable Organization Panora Fiber Telecommunications Service

Suggested Use

Top Pick Building Supply Dental Office HVAC Service Plumbing Service Garden Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

232
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 91% Dining 9%
Panora Shops & Services
12,943 visits/mo 0.2 miles
SUBWAY Dining
1,366 visits/mo 0.4 miles
Napa Auto Parts Shops & Services
685 visits/mo 0.4 miles

Demographics for 50216, IA

2,722
Population
1,825
Households
1.5
Avg Household Size
52
Median Age
28%
College-Educated
97%
High-School Grad
51.7 sq mi
ZIP Area
53
Density / Sq Mi
$91,250
Median Household Income
$58,250
Median Earnings
$1,032
Median Rent
$199,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor commercial rooms are paired with a one-bedroom apartment above, with entrances at the front and rear.
Where is this mixed-use property located?
The property is located at 114 W Main St Panora, IA.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Two‑story mixed‑use building with approximately 1,540 square feet; Ground floor includes a large front room, counter area, and five smaller rooms; Upper‑level one‑bedroom apartment has a kitchen, bathroom, and living area
More about this property
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