Mixed-Use Building with
115 E Main Street, Cherokee, IA 51012
For Sale
$190,000
Commercial, Cherokee, IA
Property SizeContact for details
Lot Size0.07 Acres
Days on Market53
Property Features for 115 E Main Street
General Information
Property type
Property subtype
Directions
Subdivision
Standard status
APN
Lot size
Additional Details
Tenant in Place
Mixed-Use Components
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Building Details
Year built
Buildings
Listing Agency:
Gateway Real Estate Advisors
(712) 226-8000
Listed By:
Nic Madsen
(712) 540-6562
Added: Sep 18
Changed: Nov 4
Last Checked: Nov 9 at 2:06PM
MLS# 834684
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1919-built mixed-use property at 115 E Main Street in Cherokee occupies 0.07 acres. Its ground floor contains two leased commercial spaces, with three apartments on the upper level.
The property is located on Main Street in downtown Cherokee, Iowa.
The property is located on Main Street in downtown Cherokee, Iowa.
Key Highlights
- Two ground‑floor commercial spaces are leased
- Three apartments are located above the commercial spaces
- Built in 1919 on a 0.07‑acre site
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
377
Businesses Nearby
18k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 52%
Shops & Services 29%
Dining 18%
Fareway
Groceries
9,509 visits/mo
0.4 miles
Sinclair
Shops & Services
4,336 visits/mo
0.5 miles
SUBWAY
Dining
3,296 visits/mo
0.3 miles
Carquest Auto Parts
Shops & Services
1,018 visits/mo
0.3 miles
Demographics for 51012, IA
6,592
Population
2,889
Households
2.3
Avg Household Size
46
Median Age
20%
College-Educated
93%
High-School Grad
147.7 sq mi
ZIP Area
45
Density / Sq Mi
$56,964
Median Household Income
$33,141
Median Earnings
$725
Median Rent
$127,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Leased commercial space at street level is paired with residential units above.
Where is this mixed-use property located?
The property is located at 115 E Main Street Cherokee, IA.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Two ground‑floor commercial spaces are leased; Three apartments are located above the commercial spaces; Built in 1919 on a 0.07‑acre site
