Mixed-Use Building with Loft
For Lease
$339,000
118 N Franklin Street, Manchester, IA 52057
Commercial zoning supports flexible retail or office use with an upper-level residence.
Space SizeContact for details
Days on Market53
Property Features for 118 N Franklin Street
General Information
Standard status
Active
Total Parking Spaces
2
Elevators
Yes
Property subtype
Commercial
Zoning
Comm
Amenities
elevator
Building Details
Year Built
1900
Stories
2
Listing Agency:
Skogman Realty
(563) 920-9194
Listed By:
Kristine Baldwin · License #B57925000
Source:
Q4realestate
Added: Jul 10
Changed: Aug 30
Last Checked: Aug 31 at 12:38PM
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 Skogman Realty
Investment Insights
Based on property information with market context.
Built in 1900, this mixed-use property combines a commercial main floor with a residential loft above. The lower level offers nearly 2,000 square feet configured for retail or office use, with an open plan that can be adapted to different business layouts.
The upper level contains a two-bedroom, two-bath loft apartment with an open-concept interior and access to outdoor patio space. A heated two-car garage provides covered parking, while an elevator connects both floors for convenient movement throughout the building.
Situated at 118 N Franklin Street in Manchester, Iowa, the property is zoned Comm and supports a live-work configuration for a business operator seeking commercial and residential space in one location.
The upper level contains a two-bedroom, two-bath loft apartment with an open-concept interior and access to outdoor patio space. A heated two-car garage provides covered parking, while an elevator connects both floors for convenient movement throughout the building.
Situated at 118 N Franklin Street in Manchester, Iowa, the property is zoned Comm and supports a live-work configuration for a business operator seeking commercial and residential space in one location.
Key Highlights
- Nearly 2,000 square feet of retail or office space on the main level
- Two‑bedroom, two‑bath loft apartment above the commercial space
- Heated two‑car garage with access to the loft
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial zoning supports flexible retail or office use with an upper-level residence.
Where is this mixed-use property located?
The property is located at 118 N Franklin Street Manchester, IA.
What is the lease rate?
The lease rate is $339,000.
What are key features of this property?
This property features: Nearly 2,000 square feet of retail or office space on the main level; Two‑bedroom, two‑bath loft apartment above the commercial space; Heated two‑car garage with access to the loft
