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Mixed-Use Building With Apartments
For Sale
$290,000

108 S Madison Street, Bloomfield, IA 52537

1890-built commercial property combines ground-floor retail, upstairs residences, and a state-inspected kitchen.

Property SizeContact for details
Days on Market567

Property Features for 108 S Madison Street

General Information

Standard status Active
Property subtype Commercial
Zoning Business/Commercial

Financials

Asking Price $269,900
Gross Income $18,000
Business Included Yes

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,092

Amenities

state inspected kitchen

Building Details

Year Built 1890
Buildings 1
Units 2
Tenancy Multi
Listing Agency: First Class Properties
Listed By: Mary Williams
Source: Sweeneyrealestate
Added: Feb 3, 2025 Changed: Aug 21 Last Checked: Aug 23 at 12:30PM

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 First Class Properties

Investment Insights

Based on property information with market context.

Built in 1890, this mixed-use property places a spacious retail area beneath two upstairs apartments. The residential units have separate meters, creating distinct utility arrangements within the building. A state-inspected kitchen is included and has supported coffee shop operations, adding flexibility to the commercial portion. The property is currently operated as a flower shop and is positioned on the west side of the square in Bloomfield, Iowa. Business and building components are present together, with the layout accommodating retail, residential, and food-service functions. Business zoning is identified as Business/Commercial.

Key Highlights

  • Mixed‑use building constructed in 1890
  • Spacious ground‑floor retail area
  • Two upstairs apartments with separate meters

Property Analytics

Current Use

Making Memories Flowers ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Hair Salon Big Box & Wholesale Store Law Firm

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
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

374
Businesses Nearby

Demographics for 52537, IA

7,248
Population
2,778
Households
2.6
Avg Household Size
37
Median Age
16%
College-Educated
81%
High-School Grad
338.5 sq mi
ZIP Area
21
Density / Sq Mi
$82,713
Median Household Income
$43,826
Median Earnings
$900
Median Rent
$153,400
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?
Mixed-use property - 1890-built commercial property combines ground-floor retail, upstairs residences, and a state-inspected kitchen.
Where is this mixed-use property located?
The property is located at 108 S Madison Street Bloomfield, IA.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Mixed‑use building constructed in 1890; Spacious ground‑floor retail area; Two upstairs apartments with separate meters
More about this property
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