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: Oct 30 Last Checked: Nov 1 at 2:18AM

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Investment Insights

Based on property information with market context.

Built in 1914, this mixed-use property combines commercial space on the main floor with four one-bedroom apartments on the upper level. Updated mechanical systems are noted, and the building is zoned Comm.

The main-level commercial area is occupied by Kava House, while the four apartments are rented. This configuration places storefront space and residential units within one building on 2nd Street SE in Swisher, Iowa.

Key Highlights

• Four one‑bedroom apartments occupy the upper floor
• Main‑level commercial space is occupied by Kava House
• Built in 1914

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

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

Frequently Asked Questions

What type of property is this?

Mixed-use property - Ground-floor 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 $599,950.

What are key features of this property?

This property features: Four one‑bedroom apartments occupy the upper floor; Main‑level commercial space is occupied by Kava House; Built in 1914