Building Details

Year Built 1914

Listing Agency: GRAF REAL ESTATE, ERA POWERED

Listed By: Mike Graf-Graf Home Selling Team Show Phone

Source: Q4realestate

Added: Sep 5 Last Checked: Sep 7 at 4:40AM

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Investment Insights

Based on property information with market context.

Built in 1914, this mixed-use property combines a commercial area on the main level with four one-bedroom apartments upstairs. The commercial portion is currently occupied by Kava House, while the residential units provide a defined multifamily component within the same building. Updated mechanical systems add to the property’s existing improvements.

The building is located at 122 2nd Street SE in Swisher, Iowa, and carries Comm zoning. Its configuration brings commercial and residential space together in a single established property, with the apartments arranged above the main-level business area.

Key Highlights

• Four one‑bedroom apartments located upstairs
• Main‑level commercial space currently occupied by Kava House
• Updated mechanical systems

Property Analytics

Property Profile

Current Use

Kava House & Cafe Restaurant

Suggested Use

Top Pick Auto Repair Shop Plumbing Service (Bike/Boat/Book/etc) Store Auto Parts Store Hair Salon Dental Office

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

64

Businesses Nearby

Explore this area Business Placement

Demographics for 52338, IA

3,457

Population

1,380

Households

2.5

Avg Household Size

45

Median Age

44%

College-Educated

98%

High-School Grad

33.4 sq mi

ZIP Area

104

Density / Sq Mi

$124,357

Median Household Income

$58,253

Median Earnings

$1,067

Median Rent

$384,600

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the lease rate? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Mixed-use property - Main-level commercial space is paired with four one-bedroom apartments above.

Where is this mixed-use property located?

The property is located at 122 2nd Street Se Swisher, IA.

What is the lease rate?

The lease rate is $699,950.

What are key features of this property?

This property features: Four one‑bedroom apartments located upstairs; Main‑level commercial space currently occupied by Kava House; Updated mechanical systems