Mixed-Use Building with
For Sale
$879,900
Pending
1217 & 1221 2nd Street, Perry, IA 50220
Five renovated apartments sit above occupied commercial space with separate HVAC, water, and electric systems for each residence.
Property SizeContact for details
Days on Market273
Property Features for 1217 & 1221 2nd Street
General Information
Standard status
Pending
Total Parking Spaces
9
Property subtype
Commercial
Units
Unit Mix
1 x 1BR (900 sf), 1 x 4BR/3BA (3,000 sf), 3 x 2BR (1,800 sf)
Multifamily Units
5
Additional Details
Mixed-Use Components
retail, residential
Tenant in Place
Yes
Amenities
loft office
storage
basement
deck
LED lighting
Building Details
Year Renovated
2023
Buildings
1
Listing Agency:
Century 21 Signature
(515) 224-4002
Listed By:
Amy Lucht
(515) 402-7796
Source:
Prometrorealty
Added: Feb 3
Changed: Nov 1
Last Checked: Nov 1 at 1:49AM
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 Century 21 Signature
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Investment Insights
Based on property information with market context.
At 1217 and 1221 2nd Street, this downtown Perry property combines five renovated apartments with more than 10,000 square feet of occupied commercial space. The residences include one-bedroom, two-bedroom, and four-bedroom layouts, with stated unit sizes ranging from 900 square feet to 3,000 square feet. Residential features include vaulted living areas, exposed brick, oak woodwork, maple floors, and custom blinds. Each apartment has its own HVAC, water, and electric systems. The commercial level includes two bathrooms, a loft office, and storage in a basement described as clean and dry.
Building work includes plumbing and electrical updates, newer windows, tuck-pointing, LED lighting, and roof replacements and structural improvements completed in 2023. The property also has a west-side deck and nine dedicated tenant parking spaces.
Building work includes plumbing and electrical updates, newer windows, tuck-pointing, LED lighting, and roof replacements and structural improvements completed in 2023. The property also has a west-side deck and nine dedicated tenant parking spaces.
Key Highlights
- Five renovated apartments with one-, two-, and four‑bedroom layouts
- More than 10,000 square feet of occupied commercial space
- Apartment sizes range from 900 square feet to 3,000 square feet
Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
358
Businesses Nearby
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Business Placement
Demographics for 50220, IA
9,045
Population
3,925
Households
2.3
Avg Household Size
37
Median Age
17%
College-Educated
87%
High-School Grad
100.5 sq mi
ZIP Area
90
Density / Sq Mi
$68,750
Median Household Income
$38,195
Median Earnings
$883
Median Rent
$146,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Five renovated apartments sit above occupied commercial space with separate HVAC, water, and electric systems for each residence.
Where is this mixed-use property located?
The property is located at 1217 & 1221 2nd Street Perry, IA.
What is the asking price?
The asking price for this property is $879,900.
What are key features of this property?
This property features: Five renovated apartments with one-, two-, and four‑bedroom layouts; More than 10,000 square feet of occupied commercial space; Apartment sizes range from 900 square feet to 3,000 square feet
