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Historic Mixed-Use Property
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209 N Main St, Kimballton, IA 51543

Large adaptive-reuse building with three living units, elevator access, garage parking, and basement storage.

Property SizeContact for details
Days on Market137

Property Features for 209 N Main St

General Information

Standard status Active
Property subtype Mixed Use

Building Details

Year Built 1911
Listing Agency: Wayne Hansen Real Estate Llc
Listed By: Abby Rasmussen
Source: Crexi
Added: Apr 17 Changed: Aug 30 Last Checked: Aug 30 at 8:08PM

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 Wayne Hansen Real Estate Llc

Investment Insights

Based on property information with market context.

Built in 1911, this approximately 10,000+ SF Main Street property has been adapted into a three-unit living arrangement. The configuration includes a primary residence with an open plan, large entertaining kitchen, private bedroom area, elevator access, bathroom, laundry, closet, and children’s play area. A second apartment provides an open living area, bedroom, oversized bath and closet suite, space for a kitchen, separate laundry and storage, plus an unfinished balcony area. The third unit is a furnished studio with its own alley entrance and elevator access.

The property also includes an attached 2-car garage, off-street alley parking, and 2400 SF of usable basement storage. Its substantial size and multi-unit layout support owner-occupancy, multigenerational living, and short-term rental use, as described in the property information.

Key Highlights

  • 1911 construction with approximately 10,000+ SF of building area
  • Three‑unit configuration with a primary residence, apartment, and furnished studio
  • Elevator access serves the main residence and studio

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Auto Repair Shop Garden Center Hotel & Motel Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

31
Businesses Nearby

Demographics for 51543, IA

381
Population
197
Households
1.9
Avg Household Size
51
Median Age
10%
College-Educated
89%
High-School Grad
22.0 sq mi
ZIP Area
17
Density / Sq Mi
$55,625
Median Household Income
$36,818
Median Earnings
$850
Median Rent
$145,800
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?
Mixed-use property - Large adaptive-reuse building with three living units, elevator access, garage parking, and basement storage.
Where is this mixed-use property located?
The property is located at 209 N Main St Kimballton, IA.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: 1911 construction with approximately 10,000+ SF of building area; Three‑unit configuration with a primary residence, apartment, and furnished studio; Elevator access serves the main residence and studio
(712) 249-1311 Call to check price and availability
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