206 N Main Street, Charles City, IA 50616

Building Details

Year Built

1890

Listing office Navigate Homes j***@pinnaclerealtyia.com Show Phone

Listing date Jun 5, 2026

Source Pinnaclerealtyia

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Overview

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.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

• Map
• Local Demand

City

Charles City

County

Floyd

State

Iowa

Longitude

-92.678261

Latitude

43.067485

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FAQs

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 $159,900.

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