Mixed-Use Storefront and
For Sale
$142,791
206 N Main Street, Charles City, IA 50616
Fully leased mixed-use building with a ground-floor storefront and two upper apartments, each with in-unit laundry.
Property Size4,175 SF
Price / SF$34.20
Days on Market73
Property Features for 206 N Main Street
General Information
Standard status
Active
Size
4,175 SF
Property subtype
Commercial
Zoning
Commercial
Occupancy
100%
Lease Type
Gross
Additional Details
Business Included
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,309
Amenities
Wood
City Street
0.067
4175
Building Details
Building Size
4,175 SF
Year Built
1890
Tenancy
Multi
Listing Agency:
Miehe Commercial Real Estate
(319) 576-8327
Listed By:
Juliana Corona
(319) 576-8327
Source:
Pinnaclerealtyia
Added: Jun 5
Changed: Aug 16
Last Checked: Aug 16 at 3:21AM
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 Miehe Commercial Real Estate
Investment Insights
Based on property information with market context.
Built in 1890, this fully leased mixed-use property at 206 N Main Street offers a storefront on the ground level and two residential apartments above. The upper floor includes a one-bedroom and a two-bedroom unit, and both apartments feature private in-unit laundry facilities. The building has been updated with modern improvements while retaining its historic character.
The commercial storefront provides street-facing space as part of the building’s combined income setup, and the property is positioned in the heart of the business district in Charles City, Iowa. With tenants already in place, the building is designed to deliver immediate diversified occupancy across commercial and residential uses.
For buyers seeking an income-oriented portfolio asset or a first commercial purchase with existing tenants, this configuration offers practical day-one income diversification. The combination of a storefront and two apartments can appeal to operators looking for a low-maintenance structure with dedicated residential laundry amenities and a dedicated commercial tenant occupying the primary retail-facing level.
The commercial storefront provides street-facing space as part of the building’s combined income setup, and the property is positioned in the heart of the business district in Charles City, Iowa. With tenants already in place, the building is designed to deliver immediate diversified occupancy across commercial and residential uses.
For buyers seeking an income-oriented portfolio asset or a first commercial purchase with existing tenants, this configuration offers practical day-one income diversification. The combination of a storefront and two apartments can appeal to operators looking for a low-maintenance structure with dedicated residential laundry amenities and a dedicated commercial tenant occupying the primary retail-facing level.
Key Highlights
- Fully leased mixed‑use building at 206 N Main Street with a ground‑floor commercial storefront and two upper apartments
- Built in 1890 with 4,175 total SF of space
- Upper apartments include a 1‑bedroom and a 2‑bedroom, both with in‑unit laundry
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
381
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully leased mixed-use building with a ground-floor storefront and two upper apartments, each with in-unit laundry.
Where is this duplex located?
The property is located at 206 N Main Street Charles City, IA.
What is the asking price?
The asking price for this property is $142,791.
What are key features of this property?
This property features: Fully leased mixed‑use building at 206 N Main Street with a ground‑floor commercial storefront and two upper apartments; Built in 1890 with 4,175 total SF of space; Upper apartments include a 1‑bedroom and a 2‑bedroom, both with in‑unit laundry
