Building Details

Building Size 6,000 SF

Year Built 1905

Stories 2

Construction brick

Listing Agency: Century 21 Signature Real Estate-Waverly Show Phone

Listed By: Nicki Kramer Show Phone

Source: Pinnaclerealtyia

Added: May 29 Changed: Sep 6 Last Checked: Sep 7 at 5:25AM

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Investment Insights

Based on property information with market context.

This solid, all-brick mixed-use building provides main-level space that can be configured for retail or office use. The second level includes three apartments: two 2-bedroom units and one 1-bedroom unit. On-site laundry is available for tenants, and private parking is located in the rear of the building.

The property is offered for sale and located at 201 Main Street, Readlyn, IA 50668.

Key Highlights

• All‑brick mixed‑use building built in 1905 with 6,000 total SF and a 0.16‑acre lot
• Main level offers 3,000 SF suited for retail or office use
• Second level includes three apartments: two 2‑bedroom units and one 1‑bedroom unit

Property Analytics

Property Profile

Current Use

Sunrise Catering Take-out & Catering

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Storage Facility Garden Center (Bike/Boat/Book/etc) Store

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

3

Residential units

Location Intelligence

Trade Area within ½ mile

71

Businesses Nearby

Explore this area Business Placement

Demographics for 50668, IA

1,234

Population

511

Households

2.4

Avg Household Size

40

Median Age

19%

College-Educated

97%

High-School Grad

33.8 sq mi

ZIP Area

37

Density / Sq Mi

$84,464

Median Household Income

$42,976

Median Earnings

$633

Median Rent

$171,000

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Mixed-use property - All-brick mixed-use building with main-level space and three upstairs apartments, plus rear private parking and on-site laundry.

Where is this mixed-use property located?

The property is located at 201 Main Street Readlyn, IA.

What is the asking price?

The asking price for this property is $145,000.

What are key features of this property?

This property features: All‑brick mixed‑use building built in 1905 with 6,000 total SF and a 0.16‑acre lot; Main level offers 3,000 SF suited for retail or office use; Second level includes three apartments: two 2‑bedroom units and one 1‑bedroom unit