222 Water St, Cambridge, IA 50046

Listing agent Jen Grimm Show Phone

Listing office LPT Realty, LLC Show Phone

Listing date Mar 24, 2026

Source Exprealty

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Overview

This for-sale mixed-use property combines two retail spaces with four residential units under one roof. The residential mix includes a handicap-accessible studio apartment and three brand new two-bedroom apartments, each with a full bath. The newer units feature stainless steel appliances and in-unit washer and dryers, providing practical, renter-friendly amenities.

The building is located at 222 Water St in Cambridge, IA 50046. With commercial and residential space in the same location, the property supports a straightforward, multi-stream operating setup.

For investors or owner-occupants, the configuration offers flexibility to generate income from both the retail components and the residential apartments. The presence of updated, amenity-forward residential units and dedicated retail spaces can be appealing for buyers looking to operate a mixed portfolio while keeping the asset consolidated in one ownership structure.

Suggested Use

Restaurant Law Firm Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Department Store Kitchen & Bath Showroom HVAC Service Bar & Pub

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

Location Insight

• Map
• Local Demand

City

Cambridge

County

Story

State

Iowa

Longitude

-93.5287306

Latitude

41.8989414

FAQs

What type of property is this?

Mixed-use property - Own a mixed-use building combining two retail spaces with four residential units, including a handicap-accessible studio.

Where is this mixed-use property located?

The property is located at 222 Water St Cambridge, IA.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: Mixed‑use building with 2 retail spaces and 4 residential units on one property; Includes a handicap‑accessible studio apartment; Three brand new 2‑bedroom apartments, each with a full bath