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Mixed-Use Building with Apartments
New
For Lease
$1,975,000

216 Sycamore, Muscatine, IA 52761

Renovated interiors, keyless access, four main-level commercial suites, and a full basement complement the residential component.

Space SizeContact for details
Property Size37,000 SF
Days on Market3

Property Features for 216 Sycamore

General Information

Standard status Active
Size 37,000 SF

Building Details

Year Built 1908
Stories 5
Building Size 37,000 SF
Listing Agency: FIRST CHOICE REAL ESTATE
Listed By: DANIEL A. OIEN · License #B44442000
Source: Kwlegacyrealty
Added: Oct 7 Last Checked: Oct 7 at 1:55PM

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 FIRST CHOICE REAL ESTATE

Investment Insights

Based on property information with market context.

This five-story mixed-use property contains 25 apartments, four commercial spaces on the main level, and a full basement. Renovation work began in 2018. The apartments comprise eight studios, 13 one-bedroom units, and four two-bedroom units; remodeled finishes include solid-surface flooring and countertops. Keyless entry serves the building, which remains secured from public access. The basement was most recently used by Sycamore Printing.

Showings require 72 hours’ notice and are scheduled Monday through Friday, from 8 a.m. to 5 p.m., to align with the on-site manager’s schedule.

Key Highlights

  • 25 apartments: 8 studios, 13 one‑bedroom units, and 4 two‑bedroom units
  • Four commercial spaces on the main level
  • Full basement most recently used by Sycamore Printing

Property Analytics

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Current Use

Baker Law Office Law Firm Hershey Lofts Apartment Building Sarah Siler Photography Photography Service Wildlife Trapping Professionals Animal Shelter

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Electrical Service Daycare Center Storage Facility Grocery & Convenience Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

661
Businesses Nearby

Demographics for 52761, IA

30,530
Population
12,920
Households
2.4
Avg Household Size
40
Median Age
23%
College-Educated
91%
High-School Grad
178.2 sq mi
ZIP Area
171
Density / Sq Mi
$63,924
Median Household Income
$39,589
Median Earnings
$971
Median Rent
$164,500
Median Home Value
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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 - Renovated interiors, keyless access, four main-level commercial suites, and a full basement complement the residential component.
Where is this mixed-use property located?
The property is located at 216 Sycamore Muscatine, IA.
What is the lease rate?
The lease rate is $1,975,000.
What are key features of this property?
This property features: 25 apartments: 8 studios, 13 one‑bedroom units, and 4 two‑bedroom units; Four commercial spaces on the main level; Full basement most recently used by Sycamore Printing
More about this property
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