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Mixed-Use Property with Apartments
For Sale
$140,000

207 Main St., Columbus Junction, IA 52738

CommercialSale, ColumbusJunction, IA

Property SizeContact for details
Lot Size0.06 Acres
Days on Market197

Property Features for 207 Main St.

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Elementary school ColumbusJct
Middle school ColumbusJct
Directions Downtown Columbus Junction. Intersection of Main and Walnut on the East side of the Road.
Subdivision WashingtonArea
Standard status Active
APN 0319335019 0319335003
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1036

Utilities

Heating system Natural Gas
Cooling system Central Air

Building Details

Year built 1900
Flooring type Concrete
Building materials Brick
Roof type Tar/Gravel
Listing Agency: Robertson Real Estate Inc
Listed By: Jay Robertson
Added: Mar 23 Changed: Sep 7 Last Checked: Oct 5 at 7:06PM
MLS# 202601911

Copyright © 2026 Iowa City Area Association of REALTORS®. 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 mixed-use property combines two ground-floor storefronts with two 1-bedroom apartments above. The storefronts are leased to a restaurant, while both apartments are occupied. Full basements serve each building, and rear alley access supports practical service and circulation. Brick construction, concrete flooring, natural gas heating, and central air conditioning are among the property’s physical features. Built in 1900, the property occupies 0.06 acres in Columbus Junction, Iowa, on Main Street.

Key Highlights

  • Two storefronts leased to a restaurant
  • Two 1‑bedroom apartments, both occupied
  • Full basement included with each building

Property Analytics

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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

Location Intelligence

Trade Area within ½ mile

163
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Two occupied apartments sit above leased restaurant storefronts, with basement space and rear alley access.
Where is this mixed-use property 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: Two storefronts leased to a restaurant; Two 1‑bedroom apartments, both occupied; Full basement included with each building
More about this property
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