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Downtown Mixed-Use Income Property

206 East Erie Street Missouri Valley, IA 51555

206 East Erie Street, Missouri Valley, IA, 51555
$300,000
For Sale
$300,000

Commercial Sale, Other - Missouri Valley, IA

Days on Market56

Property Features for 206 East Erie Street

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active

Building Details

Year built
1904
Architectural style
Other
Listing Agency NextHome In The Bluffs
4111 S 9th St, Bay 3, IA
Listed by The Cook Team · License #B56296000,PersonLicenseNumber
Added: May 22 Checked: Jul 16 at 9:06 pm
MLS# 26-989 Listing URL

Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This downtown mixed-use property offers main-level commercial frontage space along with four remodeled one-bedroom apartments upstairs. The apartments are leased and occupied, and the building was renovated in 2022. Each unit is equipped with appliances, including washers and dryers.

The commercial portion provides frontage on the main level, supporting visibility for street-facing retail or service use. The property is offered with existing in-place residential occupancy and updated unit amenities.

The upstairs residential component consists of four separate one-bedroom units, each featuring in-unit appliances and laundry equipment, providing a straightforward residential income stream alongside the commercial frontage.

Key Highlights

  • Mixed‑use property built in 1904 with commercial space on the main level and four apartments upstairs
  • Approximately 2,500 sq. ft. of commercial frontage space on the main level
  • Four remodeled 1‑bedroom apartments upstairs, all leased and occupied

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mogart Fishing Company ... (Bike/Boat/Book/etc) Store

Suggested Use

Law Firm Real Estate Agency Building Supply Electrical Service Grocery & Convenience Store Skin Care Clinic Pharmacy HVAC Service Furniture & Home Goods Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Remodeled mixed-use building with leased upstairs one-bedroom apartments and main-level commercial frontage space.
Where is this quadplex located?
The property is located at 206 East Erie Street Missouri Valley, IA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Mixed‑use property built in 1904 with commercial space on the main level and four apartments upstairs; Approximately 2,500 sq. ft. of commercial frontage space on the main level; Four remodeled 1‑bedroom apartments upstairs, all leased and occupied
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