Mixed-Use Property with Loft
118 N Franklin Street, Manchester, IA 52057
For Sale
$327,500
Commercial Sale, Manchester, IA
Property SizeContact for details
Days on Market336
Property Features for 118 N Franklin Street
General Information
Property type
Property subtype
Zoning
Bathrooms
Full bathrooms
Rooms
Parking
Basement
Subdivision
Standard status
APN
Tenancy & Operations
Currently Operating
Business Included
Additional Details
Mixed-Use Components
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
outdoor patio
two-car heated garage
elevator
Building Details
Year built
Floors in Building
Flooring type
Building materials
Buildings
Listing Agency:
Skogman - Manchester
Listed By:
Kristine Baldwin · License IA B57925000
(563) 920-9194
Added: Dec 12, 2025
Changed: Oct 31
Last Checked: Nov 12 at 7:06AM
MLS# 153597
Copyright © 2026 East Central Iowa Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This mixed-use property combines a ground-floor retail business with a two-bedroom, two-bath loft apartment above. The main level provides nearly 2,000 square feet of open commercial area, and an elevator connects the building’s two levels. The residence has an open-concept living area. A patio and a heated two-car garage are also included, along with the building and Repeats Consignment shop.
Located in downtown Manchester, the property carries C - Commercial and R - Resi zoning. Building materials include brick and vinyl siding; the property has wood flooring, forced-air heat, central air, public water, and public sewer.
Located in downtown Manchester, the property carries C - Commercial and R - Resi zoning. Building materials include brick and vinyl siding; the property has wood flooring, forced-air heat, central air, public water, and public sewer.
Key Highlights
- Building and Repeats Consignment shop are included in the sale
- Nearly 2,000 square feet of open commercial space on the main level
- Two‑bedroom, two‑bath loft apartment with open‑concept living area
Property Analytics
Who owns this building?
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Current Use
Lease Details
1
Office units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
467
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The sale includes an operating consignment shop and an upstairs residence, creating a combined commercial and residential property.
Where is this mixed-use property located?
The property is located at 118 N Franklin Street Manchester, IA.
What is the asking price?
The asking price for this property is $327,500.
What are key features of this property?
This property features: Building and Repeats Consignment shop are included in the sale; Nearly 2,000 square feet of open commercial space on the main level; Two‑bedroom, two‑bath loft apartment with open‑concept living area
