Search
Mixed-Use Investment with Storefront
For Sale
$180,000

412 Main St, Colesburg, IA 52035

Mixed-use property with a leased apartment, a drywall-stage unit, a main-level storefront, and a seasonal rental with existing bookings.

Property Size1,800 SF
Price / SF$100
Days on Market38

Property Features for 412 Main St

General Information

Standard status Active
Size 1,800 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1860
Listing Agency: EXIT Unlimited
Listed By: Jerry Elbert
Source: Kwlegacyrealty
Added: Jul 25 Changed: Aug 27 Last Checked: Aug 30 at 8:11PM

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 EXIT Unlimited

Investment Insights

Based on property information with market context.

This mixed-use investment property combines residential and commercial income streams under one roof. One apartment is currently rented with a long-term tenant in place. A second apartment is in the drywall stage, offering an opportunity for a new owner to complete the interior. The main level includes a commercial storefront that is currently looking for a new tenant or can be used by an owner-operator.

The property is located in the heart of downtown Colesburg, with residential and retail spaces on the same site. In addition to the year-round residential and commercial components, there is also a seasonal short-term rental with existing bookings.

Overall, the building is configured to support multiple revenue sources across storefront and residential uses, with one unit fully occupied and another awaiting completion.

Key Highlights

  • Year built 1860 mixed‑use property with multiple income streams under one roof
  • Includes one apartment currently rented with a long‑term renter
  • Second apartment is in the drywall stage and ready for finishing by a new owner

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Parts Store Storage Facility Butcher Big Box & Wholesale Store Auto Repair Shop Nail Salon

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

Location Intelligence

Trade Area within ½ mile

40
Businesses Nearby

Demographics for 52035, IA

915
Population
583
Households
1.6
Avg Household Size
46
Median Age
14%
College-Educated
90%
High-School Grad
50.0 sq mi
ZIP Area
18
Density / Sq Mi
$59,702
Median Household Income
$36,442
Median Earnings
$721
Median Rent
$131,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Mixed-use property with a leased apartment, a drywall-stage unit, a main-level storefront, and a seasonal rental with existing bookings.
Where is this duplex located?
The property is located at 412 Main St Colesburg, 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: Year built 1860 mixed‑use property with multiple income streams under one roof; Includes one apartment currently rented with a long‑term renter; Second apartment is in the drywall stage and ready for finishing by a new owner
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message