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Downtown Mixed-Use Restaurant Property
For Sale
$140,000

207 Main St., Columbus Junction, IA 52738

Two leased storefront restaurant spaces with two occupied one-bedroom apartments above, plus full basements and rear alley access.

Property Size3,040 SF
Price / SF$46.05
Days on Market168

Property Features for 207 Main St.

General Information

Standard status Active
Size 3,040 SF
Property subtype Commercial
Zoning Commercial
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,036

Amenities

ConcreteSlabGrade
40x70
0.06
CountyRoad

Building Details

Year Built 1900
Listing Agency: Ambrose & Associates, REALTORS
Listed By: Hope Hall
Source: Pinnaclerealtyia
Added: Mar 23 Changed: Sep 5 Last Checked: Sep 5 at 4:51AM

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 Ambrose & Associates, REALTORS

Investment Insights

Based on property information with market context.

This downtown mixed-use property includes two storefront spaces currently leased to a restaurant, with two one-bedroom apartments located above. Both apartments are occupied and generating income. Each building has a full basement and convenient rear alley access, supporting practical day-to-day operations.

The property is located at 205 and 207 Main Street in Columbus Junction, Iowa, providing a multi-tenant setup across street-level and residential units.

With restaurant frontage on Main Street and residential units above, the building offers a combined commercial and income-producing layout designed for tenants who want on-site, mixed-use functionality.

Key Highlights

  • Commercial property at 205 & 207 Main Street in downtown Columbus Junction with two leased restaurant storefronts
  • Two occupied 1‑bedroom apartments above the storefronts, providing additional rental income
  • Full basements included in each building

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Big Box & Wholesale Store Bakery Building Supply Real Estate Agency Barber Shop Computer & Electronic Repair

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

2
Residential units
100%
Occupancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

163
Businesses Nearby
Balanced
Demand for This Use

Demographics for 52738, IA

3,404
Population
1,387
Households
2.5
Avg Household Size
40
Median Age
21%
College-Educated
80%
High-School Grad
122.5 sq mi
ZIP Area
28
Density / Sq Mi
$83,953
Median Household Income
$40,516
Median Earnings
$635
Median Rent
$135,900
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?
Conventional restaurant - Two leased storefront restaurant spaces with two occupied one-bedroom apartments above, plus full basements and rear alley access.
Where is this conventional restaurant located?
The property is located at 207 Main St. Columbus Junction, IA.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Commercial property at 205 & 207 Main Street in downtown Columbus Junction with two leased restaurant storefronts; Two occupied 1‑bedroom apartments above the storefronts, providing additional rental income; Full basements included in each building
More about this property
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