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Four-Unit Mixed-Use Property
New
For Sale
$299,900

118 W Jefferson St, Winterset, IA 50273

Fully leased commercial property with three storefront businesses, an upstairs apartment, and leased parking spaces.

Property Size3,998 SF
Price / SF$75.01
Days on Market2

Property Features for 118 W Jefferson St

General Information

Standard status Active
Size 3,998 SF
Occupancy 100%

Building Details

Year Built 1920
Tenancy Multi
Listing Agency: Homefront Real Estate, LLC
Listed By: Sarah Cowman
Source: Kwlegacyrealty
Added: Jul 30 Changed: Jul 31 Last Checked: Jul 31 at 8:04AM

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 Homefront Real Estate, LLC

Investment Insights

Based on property information with market context.

This 3,998-square-foot mixed-use property was built in 1920 and is fully rented across four units. The current configuration includes a barber shop, screen printing business, H&R Block office, and a two-bedroom upstairs apartment, providing a combination of commercial and residential occupancy within one building.

Located adjacent to the historic Winterset downtown square at 118 W Jefferson St, the property also includes a parking lot with leased spaces. The existing tenant mix and four-unit layout support continued mixed-use occupancy.

Key Highlights

  • Four‑unit mixed‑use property with commercial and residential occupancy
  • 3,998 square feet; built in 1920
  • Fully rented with four current occupants

Property Analytics

Current Use

H&R Block Tax Preparation

Suggested Use

Top Pick Pharmacy (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service Kitchen & Bath Showroom Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

535
Businesses Nearby

Demographics for 50273, IA

8,570
Population
3,927
Households
2.2
Avg Household Size
41
Median Age
25%
College-Educated
96%
High-School Grad
195.2 sq mi
ZIP Area
44
Density / Sq Mi
$80,018
Median Household Income
$48,149
Median Earnings
$948
Median Rent
$216,100
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully leased commercial property with three storefront businesses, an upstairs apartment, and leased parking spaces.
Where is this mixed-use property located?
The property is located at 118 W Jefferson St Winterset, IA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Four‑unit mixed‑use property with commercial and residential occupancy; 3,998 square feet; built in 1920; Fully rented with four current occupants
More about this property
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