Live-Work Building with Office
For Sale
$440,000
124 W Summit Street, Winterset, IA 50273
CommercialSale, Winterset, IA
Property SizeContact for details
Lot Size0.33 Acres
Days on Market185
Property Features for 124 W Summit Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Comm
Elementary school district
Winterset
Middle school district
Winterset
High school district
Winterset
Directions
John Wayne Dr to Summit.
Subdivision
Winterset
Standard status
Active
APN
820000802030000
Lot size
0.33 Acres
Taxes and HOA fees
Tax Description
LOTS 3 & 4 BLOCK 2 LOTS 3 & 4 BLOCK 2 HORNBACK & BEVINGTON HORNBACK & BEVINGTON
Tax Annual Amount
6315
Legal Description
LOTS 3 & 4 BLOCK 2 LOTS 3 & 4 BLOCK 2 HORNBACK & BEVINGTON HORNBACK & BEVINGTON
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
geothermal heating/cooling
high density cellulose insulation
cat 5 wiring
Kinetico water system
patio
Building Details
Year built
2006
Roof type
Shingle, Asphalt
Listing Agency:
Madison County Realty
(515) 462-3120
Listed By:
Larry Corkrean
(515) 979-8086
Added: Feb 16
Changed: Aug 19
Last Checked: Aug 20 at 6:06PM
MLS# 734565
Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 2006, this live-work property places professional space on the first floor and residential accommodations below. The office level includes four dedicated rooms, a lobby and reception area, plus 1.5 bathrooms. The lower level contains two bedrooms, including one non-conforming bedroom, a full bathroom, kitchen and dining area, and a family room. The kitchen opens onto a patio, while an attached one-car garage adds functional storage and parking.
Building features include 2x6 framing, HardiPlank siding, 50-year steel shingles, high-density cellulose insulation, Cat 5 wiring, and a Kinetico water system. Geothermal heating and cooling was installed in 2021. The property is served by public water and public sewer and is zoned Comm.
Building features include 2x6 framing, HardiPlank siding, 50-year steel shingles, high-density cellulose insulation, Cat 5 wiring, and a Kinetico water system. Geothermal heating and cooling was installed in 2021. The property is served by public water and public sewer and is zoned Comm.
Key Highlights
- First‑floor office layout with 4 dedicated rooms, lobby/reception area, and 1.5 bathrooms
- Lower‑level living area with 2 bedrooms, full bathroom, kitchen/dining area, and family room
- Geothermal heating and cooling unit installed in 2021
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
454
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Live-work space - Two-level property combines professional suites with residential living areas and an attached garage.
Where is this live-work space located?
The property is located at 124 W Summit Street Winterset, IA.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: First‑floor office layout with 4 dedicated rooms, lobby/reception area, and 1.5 bathrooms; Lower‑level living area with 2 bedrooms, full bathroom, kitchen/dining area, and family room; Geothermal heating and cooling unit installed in 2021
