Building Details

Buildings 1

Stories 3

Construction limestone

Tenancy Multi

Listing Agency: McQuaid Agency

Listed By: Diana Symonds · License #IA B41607

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 3:36PM

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Investment Insights

Based on property information with market context.

Located at 201 N Main in Charles City, Iowa, this three-story limestone building combines commercial and residential components in one property. The lower level contains five retail and office units, creating a multi-suite storefront configuration.

Apartments occupy the second and third stories, with ten plus residential units positioned above the commercial space. Storefront exposure extends across three sides of the building, including Main Street, and the corner setting provides multiple exterior-facing elevations for the ground-floor units.

Key Highlights

• Three‑story limestone building at 201 N Main, Charles City, IA 50616
• Five retail and office units on the lower level
• Ten plus apartments across the upper two stories

Property Analytics

Property Profile

Current Use

Verizon Mobile Phone Store

Suggested Use

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

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

Multi-tenant

Tenancy

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

511

Businesses Nearby

Explore this area Business Placement

Demographics for 50616, IA

10,009

Population

4,590

Households

2.2

Avg Household Size

43

Median Age

19%

College-Educated

95%

High-School Grad

176.2 sq mi

ZIP Area

57

Density / Sq Mi

$63,226

Median Household Income

$36,738

Median Earnings

$628

Median Rent

$135,000

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 - Combines street-level retail and office space with apartments across the upper two floors.

Where is this mixed-use property located?

The property is located at 201 N Main Charles City, IA.

What are key features of this property?

This property features: Three‑story limestone building at 201 N Main, Charles City, IA 50616; Five retail and office units on the lower level; Ten plus apartments across the upper two stories