Downtown Mixed-Use
For Sale
$165,000
117 S Main St, Elkader, IA 52043
Two buildings combine commercial space with two residential units and flexible upper-level living arrangements.
Property Size4,920 SF
Price / SF$33.54
Days on Market55
Property Features for 117 S Main St
General Information
Standard status
Active
Size
4,920 SF
Property subtype
Commercial
Zoning
C,Resi
Units
Unit Mix
1 x 2BR/1BA, 1 x 2BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,724
Amenities
Carpet,Wood
Irregular
0.11
CountyRoad,Paved
Building Details
Year Built
1870
Buildings
2
Listing Agency:
Better Way Realty
(319) 540-1281
Listed By:
Karrie Schultz · License #B63691000
(319) 540-1281
Source:
Pinnaclerealtyia
Added: Jul 8
Changed: Aug 31
Last Checked: Aug 31 at 1:08AM
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 Better Way Realty
Investment Insights
Based on property information with market context.
This mixed-use offering includes two buildings on South Main Street near the Keystone Bridge. The first contains an operating neighborhood bar on the main level, with a two-bedroom, one-bath residence above. The neighboring building provides a commercial main level and a two-bedroom, two-bath apartment-style residence upstairs. Both buildings are offered as-is.
The property is subject to C,Resi zoning. City requirements call for commercial use on the main level of the neighboring building, while its upper level may remain residential. The residential spaces support owner occupancy or rental use, and the combined property contains 4,920 SF. Originally built in 1870, the buildings are positioned in downtown Elkader along paved Main Street.
The property is subject to C,Resi zoning. City requirements call for commercial use on the main level of the neighboring building, while its upper level may remain residential. The residential spaces support owner occupancy or rental use, and the combined property contains 4,920 SF. Originally built in 1870, the buildings are positioned in downtown Elkader along paved Main Street.
Key Highlights
- Two‑building mixed‑use property totaling 4,920 SF
- Operating neighborhood bar with an upstairs two‑bedroom, one‑bath residence
- Neighboring building includes commercial main level and two‑bedroom, two‑bath apartment
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
239
Businesses Nearby
Explore this area
Business Placement
Demographics for 52043, IA
2,047
Population
1,015
Households
2
Avg Household Size
52
Median Age
22%
College-Educated
92%
High-School Grad
96.9 sq mi
ZIP Area
21
Density / Sq Mi
$65,202
Median Household Income
$45,807
Median Earnings
$839
Median Rent
$145,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two buildings combine commercial space with two residential units and flexible upper-level living arrangements.
Where is this mixed-use property located?
The property is located at 117 S Main St Elkader, IA.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Two‑building mixed‑use property totaling 4,920 SF; Operating neighborhood bar with an upstairs two‑bedroom, one‑bath residence; Neighboring building includes commercial main level and two‑bedroom, two‑bath apartment
