Mixed-Use Building with Loft
For Sale
$339,000
118 N Franklin Street, Manchester, IA 52057
Commercial Sale, Manchester, IA
Property Size2,000 SF
Price / SF$169.50
Days on Market269
Property Features for 118 N Franklin Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C - Commercial; R - Resi
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 2, Basement, Bathroom 1, Bathroom 3
Parking
10
Basement
Full
Subdivision
WEST
Standard status
Active
APN
631293400700
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
outdoor patio
heated garage
elevator
Building Details
Year built
1900
Floors in Building
2
Flooring type
Wood
Building materials
Brick, Vinyl Siding
Listing Agency:
Skogman - Manchester
Listed By:
Kristine Baldwin · License #B57925000
(563) 920-9194
Added: Dec 12, 2025
Changed: Sep 6
Last Checked: Sep 7 at 2:06PM
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.
Investment Insights
Based on property information with market context.
This mixed-use property at 118 N Franklin Street combines nearly 2,000 square feet of commercial area with an upper-level loft apartment. The main floor offers an open arrangement suited to retail, office, boutique, or professional-service use. The residence includes two bedrooms, two bathrooms, an open-concept living area, and outdoor patio space. An elevator connects the levels, while the attached two-car heated garage adds convenient covered access.
Constructed in 1900, the building features brick and vinyl siding, wood flooring, forced-air heat, and central air conditioning. Public water and public sewer serve the property. Zoning is identified as C - Commercial and R - Resi, supporting the property's combined commercial and residential configuration.
Constructed in 1900, the building features brick and vinyl siding, wood flooring, forced-air heat, and central air conditioning. Public water and public sewer serve the property. Zoning is identified as C - Commercial and R - Resi, supporting the property's combined commercial and residential configuration.
Key Highlights
- Nearly 2,000 sq. ft. of main‑level commercial space
- Upper‑level 2‑bedroom, 2‑bath loft apartment
- 2‑car heated garage with elevator access to both levels
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
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 - Flexible commercial space pairs with a two-bedroom, two-bath residence and heated garage.
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 $339,000.
What are key features of this property?
This property features: Nearly 2,000 sq. ft. of main‑level commercial space; Upper‑level 2‑bedroom, 2‑bath loft apartment; 2‑car heated garage with elevator access to both levels
