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Retail Property with Apartments
For Sale
$223,000

115 S Main Street, Woodward, IA 50276

CommercialSale, Woodward, IA

Property SizeContact for details
Lot Size0.08 Acres
Days on Market125

Property Features for 115 S Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-R
Appliances Refrigerator, Stove
Lot features Rectangular Lot
Elementary school district Woodward-Granger
Middle school district Woodward-Granger
High school district Woodward-Granger
Directions From 141 take Woodward exit. Head north to downtown. Buildings on East side of Main St
Subdivision Woodward
Standard status Active
APN 0406256004
Lot size 0.08 Acres

Taxes and HOA fees

Tax Description COLTON LOT 14 BLK 5
Tax Annual Amount 1730
Legal Description COLTON LOT 14 BLK 5

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1895
Building materials Frame
Roof type Rubber
Listing Agency: RE/MAX Precision · RE/MAX International
Listed By: Holly Taylor · License #S56751000
Added: Apr 20 Changed: Aug 19 Last Checked: Aug 22 at 3:06PM
MLS# 738850

Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. 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.

This retail property includes a commercial laundromat and five apartments: one two-bedroom unit, three one-bedroom units, and one efficiency. The 1895 frame building sits on 0.08 acres and is served by public water and public sewer. Building systems include forced-air natural gas heat, central air conditioning, and a rubber roof. Existing appliances include a refrigerator and stove.

The property is located at 115 S Main Street in Woodward, Iowa, within C-R zoning. The laundromat and apartments must be purchased as part of a package. The combination of retail operations and residential units creates a mixed-use configuration within a single property.

Key Highlights

  • Commercial laundromat with 5 apartments
  • Apartment mix includes 1 two‑bedroom, 3 one‑bedroom units, and 1 efficiency
  • 1895 frame construction on 0.08 acres

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Electrical Service Garden Center Furniture & Home Goods Restaurant

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

89
Businesses Nearby

Demographics for 50276, IA

2,454
Population
899
Households
2.7
Avg Household Size
40
Median Age
17%
College-Educated
97%
High-School Grad
82.4 sq mi
ZIP Area
30
Density / Sq Mi
$92,682
Median Household Income
$39,186
Median Earnings
$484
Median Rent
$243,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Retail space - Commercial building combines a laundromat with five apartments and public water and sewer service.
Where is this retail space located?
The property is located at 115 S Main Street Woodward, IA.
What is the asking price?
The asking price for this property is $223,000.
What are key features of this property?
This property features: Commercial laundromat with 5 apartments; Apartment mix includes 1 two‑bedroom, 3 one‑bedroom units, and 1 efficiency; 1895 frame construction on 0.08 acres
More about this property
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