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Live-Work Property with Dual Quarters
For Sale
Contact for pricing
Pending

101 Water Street, Cambridge, IA 50046

Separate residential areas and dedicated shop space support combined personal and business use.

Property SizeContact for details
Days on Market130

Property Features for 101 Water Street

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Office
Listing Agency: RE/MAX Concepts
Listed By: Nicole Larson · License #IA
Source: Crexi
Added: Apr 23 Changed: Aug 29 Last Checked: Aug 29 at 5:35PM

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 RE/MAX Concepts

Investment Insights

Based on property information with market context.

This live-work property includes two distinct residential areas, each with its own entrance. The ground-level first residence measures approximately 1000 sq ft and includes one bedroom plus a tandem two-car garage measuring 16 X 38 with 10 ft ceilings. The second living area offers approximately 1700 sqft, two bedrooms, and an attached 36 X 50 shop with 17' sidewalls and two 14' X 14' doors. A ground-level office within the shop is ready for finishing touches.

Located at 101 Water Street in Cambridge, Iowa, the property combines residential accommodations with substantial work and storage space. A newer furnace and air-conditioning system serve the improvements.

Key Highlights

  • Two residential areas, each with its own entrance
  • First living area: approx 1000 sq ft, one bedroom, and tandem two‑car garage
  • Tandem garage measures 16 X 38 with 10 ft ceilings

Property Analytics

Current Use

Central Iowa Trade ... Construction Company

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

51
Businesses Nearby

Demographics for 50046, IA

1,586
Population
792
Households
2
Avg Household Size
40
Median Age
34%
College-Educated
98%
High-School Grad
47.5 sq mi
ZIP Area
33
Density / Sq Mi
$91,944
Median Household Income
$56,250
Median Earnings
$1,005
Median Rent
$225,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Live-work space - Separate residential areas and dedicated shop space support combined personal and business use.
Where is this live-work space located?
The property is located at 101 Water Street Cambridge, IA.
What are key features of this property?
This property features: Two residential areas, each with its own entrance; First living area: approx 1000 sq ft, one bedroom, and tandem two‑car garage; Tandem garage measures 16 X 38 with 10 ft ceilings
More about this property
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