1201 E South Street, Mount Ayr, IA 50854
A 12-unit residential complex with an on-site medical office, set on over 2 acres along Highway 2.
- Added:
- Jun 19, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 24 at 3:24 am
Property Features for 1201 E South Street
General Information
- Standard status
- Active
- Property subtype
- Office, Land
Building Details
- Year Built
- 1993
Listing office South Central Iowa Realty
Listing date Jun 19, 2026
Source Crexi
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 South Central Iowa Realty
HighLights
- 12‑unit apartment complex built in 1993 with all units offering 2 bedrooms, 1 bathroom, and in‑unit laundry
- On‑site commercial office space currently occupied by a medical office
- Commercial space offers additional room for expansion or for adding other businesses
- Over 2 acres of land along Highway 2 for future development and potential rental or commercial improvements
Overview
Set on more than 2 acres, the property is located in Mount Ayr, Iowa, with visibility and accessibility along Highway 2. The mix of residential and commercial space supports an owner-operator or investment approach where both uses can be managed from a single site.
For tenants, the apartment layout and in-unit laundry offer practical day-to-day functionality, while the existing medical office helps provide an established business footprint for the commercial portion. For buyers or operators, the combination of income-producing residential units and a currently occupied office component, together with additional land for future improvements, can support a range of redevelopment and tenancy strategies based on your business plan.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Mount Ayr
- County
- Ringgold
- State
- Iowa
- Longitude
- -94.231435
- Latitude
- 40.711034
