Mixed-Use Laundromat and
For Sale
$223,000
115 S Main St, Woodward, IA 50276
Income-focused mixed-use property combining a commercial laundromat with five rental units.
Property SizeContact for details
Days on Market125
Property Features for 115 S Main St
General Information
Standard status
Active
Additional Details
Business Included
Yes
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$1,730
Listing Agency:
RE/MAX Precision
(515) 883-0789
Listed By:
Holly Taylor · License #S56751000
(515) 883-0789
Source:
Exprealty
Added: Apr 20
Changed: Aug 20
Last Checked: Aug 22 at 8:52AM
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 RE/MAX Precision
Investment Insights
Based on property information with market context.
This mixed-use property includes a commercial laundromat plus five apartments. The residential component consists of one two-bedroom unit, three one-bedroom units, and one efficiency unit. Seller-provided information indicates solid income performance and low vacancy, and the offering is presented as a package purchase.
The property is located at 115 S Main St in Woodward, IA. Based on public record and information obtained from the seller, the building operates with both commercial and residential uses under one ownership.
For buyers seeking a single-ownership asset with both daily-use commercial operations and multiple rental units, this configuration can simplify asset management and diversify income streams within the same property. The laundromat provides an on-site commercial use, while the unit mix offers a range of apartment sizes from one-bedroom homes through an efficiency and one two-bedroom layout. Please note that the property must be purchased as part of a package; contact the listing team for package details and full terms.
The property is located at 115 S Main St in Woodward, IA. Based on public record and information obtained from the seller, the building operates with both commercial and residential uses under one ownership.
For buyers seeking a single-ownership asset with both daily-use commercial operations and multiple rental units, this configuration can simplify asset management and diversify income streams within the same property. The laundromat provides an on-site commercial use, while the unit mix offers a range of apartment sizes from one-bedroom homes through an efficiency and one two-bedroom layout. Please note that the property must be purchased as part of a package; contact the listing team for package details and full terms.
Key Highlights
- Mixed‑use property with a commercial laundromat plus 5 rental apartments
- Unit mix includes 1 two‑bedroom, 3 one‑bedroom, and 1 efficiency apartment
- Reported good income with low vacancy rates (per seller and public record)
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
80
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Income-focused mixed-use property combining a commercial laundromat with five rental units.
Where is this mixed-use property located?
The property is located at 115 S Main St 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: Mixed‑use property with a commercial laundromat plus 5 rental apartments; Unit mix includes 1 two‑bedroom, 3 one‑bedroom, and 1 efficiency apartment; Reported good income with low vacancy rates (per seller and public record)
