Mixed-Use Building with Loft
For Sale
$339,000
118 N Franklin St, Manchester, IA 52057
Commercial and residential components create a practical live-work configuration with elevator access between levels.
Property Size5,919 SF
Price / SF$57.27
Days on Market261
Property Features for 118 N Franklin St
General Information
Standard status
Active
Size
5,919 SF
Total Parking Spaces
2
Elevators
Yes
Property subtype
Commercial
Zoning
C - Commercial; R - Resid
Taxes and HOA fees
Annual Taxes
$6,136
Amenities
elevator
outdoor patio space
Carpet,Vinyl,Wood
Elevator
37x112
0.1
Paved,Highway
Building Details
Year Built
1900
Buildings
1
Stories
2
Listing Agency:
Urban Acres Real Estate Corridor
(319) 981-2378
Listed By:
Kyle Steele
(319) 981-2378
Source:
Pinnaclerealtyia
Added: Dec 12, 2025
Changed: Aug 30
Last Checked: Aug 30 at 12:54AM
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 Urban Acres Real Estate Corridor
Investment Insights
Based on property information with market context.
This mixed-use property combines nearly 2,000 sq. ft. of ground-level retail or office area with a 2-bedroom, 2-bath loft apartment above. The commercial portion offers an open arrangement suitable for customization, while the upper residence includes an open-concept interior and outdoor patio space. An elevator connects the building’s levels, and the apartment has access to a 2-car heated garage. Interior finishes include carpet, vinyl, and wood.
Located at 118 N Franklin St in Manchester, IA, the property is identified for both commercial and residential zoning, including C - Commercial and R - Resid. The building was constructed in 1900 and has a reported property size of 5919 square feet, with exterior dimensions listed as 37x112 and an area of 0.1 acres.
Located at 118 N Franklin St in Manchester, IA, the property is identified for both commercial and residential zoning, including C - Commercial and R - Resid. The building was constructed in 1900 and has a reported property size of 5919 square feet, with exterior dimensions listed as 37x112 and an area of 0.1 acres.
Key Highlights
- Nearly 2,000 sq. ft. of retail or office space on the main level
- 2‑bedroom, 2‑bath loft apartment above the commercial area
- Elevator provides access between both levels
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
467
Businesses Nearby
Explore this area
Business Placement
Demographics for 52057, IA
8,064
Population
4,049
Households
2
Avg Household Size
45
Median Age
23%
College-Educated
91%
High-School Grad
138.9 sq mi
ZIP Area
58
Density / Sq Mi
$71,467
Median Household Income
$40,600
Median Earnings
$737
Median Rent
$168,800
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial and residential components create a practical live-work configuration with elevator access between levels.
Where is this mixed-use property located?
The property is located at 118 N Franklin St Manchester, IA.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: Nearly 2,000 sq. ft. of retail or office space on the main level; 2‑bedroom, 2‑bath loft apartment above the commercial area; Elevator provides access between both levels
