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Mixed-Use Income Property with Equipment
For Sale
$180,000

115 N Washington St, Edgewood, IA 52042

Three-building package includes restaurant and bar equipment, with two fully leased apartments above.

Property Size5,273 SF
Price / SF$34.14
Days on Market24

Property Features for 115 N Washington St

General Information

Standard status Active
Size 5,273 SF
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 2

Building Details

Year Built 1905
Listing Agency: Skogman - Manchester
Listed By: Kristine Baldwin · License #B57925000
Source: Kwlegacyrealty
Added: Jul 20 Changed: Jul 21 Last Checked: Aug 11 at 10:16AM

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 Skogman - Manchester

Investment Insights

Based on property information with market context.

This mixed-use income property includes three buildings and parcels and is offered with restaurant and bar equipment included in the sale. The upper portion contains two apartments that are described as fully leased, with some updates noted in the remarks.

The property is located at 115 N Washington St in Edgewood, Iowa.

With a multi-building setup and both income-producing apartments and included operating equipment, the configuration offers flexibility for an owner looking to expand within the existing parcel group.

Key Highlights

  • Three‑building package (three buildings/parcels) in Edgewood, IA
  • Built in 1905
  • Two apartments above the restaurant/bar are fully leased

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Building Supply Furniture & Home Goods Kitchen & Bath Showroom Butcher Veterinary Clinic

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

2
Residential units
100%
Occupancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

116
Businesses Nearby

Demographics for 52042, IA

1,828
Population
770
Households
2.4
Avg Household Size
38
Median Age
12%
College-Educated
83%
High-School Grad
60.5 sq mi
ZIP Area
30
Density / Sq Mi
$74,423
Median Household Income
$45,572
Median Earnings
$788
Median Rent
$230,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Three-building package includes restaurant and bar equipment, with two fully leased apartments above.
Where is this duplex located?
The property is located at 115 N Washington St Edgewood, IA.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Three‑building package (three buildings/parcels) in Edgewood, IA; Built in 1905; Two apartments above the restaurant/bar are fully leased
More about this property
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