Mixed-Use Commercial
For Sale
$159,000
223 W Main St, Cherokee, IA 51012
Commercial, Cherokee, IA
Property Size4,560 SF
Lot Size0.06 Acres
Price / SF$34.87
Days on Market48
Property Features for 223 W Main St
General Information
Property type
Commercial Sale
Property subtype
Other
Elementary school
Cherokee
Middle school
Cherokee
High school
Washington High
Subdivision
Surrounding Areas/Other Areas
Standard status
Active
APN
0734203004
Lot size
0.06 Acres
Additional Details
Mixed-Use Components
commercial, residential
Property Use
Office
Taxes and HOA fees
Tax Year
2026
Tax Description
LOT 4 BLK 11 NEW CHEROKEE ADD 034-092-040 6257
Tax Annual Amount
2064
Legal Description
LOT 4 BLK 11 NEW CHEROKEE ADD 034-092-040 6257
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1898
Roof type
Wood
Listing Agency:
Rasmus Realty & Auction
Listed By:
Brian Decker · License #S44048
(712) 225-4911
Added: Sep 14
Changed: Oct 28
Last Checked: Oct 31 at 8:06AM
MLS# 834632
Copyright © 2026 Northwest Iowa Regional Board 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.
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Investment Insights
Based on property information with market context.
This two-level property contains approximately 4,560 square feet, with commercial space on the ground floor and an upper level that may accommodate living space. Heating is provided by a forced-air system, and the building has central air conditioning. The roof is wood, and the property dates to 1898.
At 223 W Main St in Cherokee, the building fronts Main Street in the downtown area. Its commercial and upper-floor configuration supports consideration of a combined business and living arrangement, subject to the intended use.
At 223 W Main St in Cherokee, the building fronts Main Street in the downtown area. Its commercial and upper-floor configuration supports consideration of a combined business and living arrangement, subject to the intended use.
Key Highlights
- Approximately 4,560 square feet of building area
- Ground‑floor commercial space with upper‑level living potential
- Located at 223 W Main St in Cherokee
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
390
Businesses Nearby
18k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 52%
Shops & Services 29%
Dining 18%
Fareway
Groceries
9,509 visits/mo
0.4 miles
Sinclair
Shops & Services
4,336 visits/mo
0.5 miles
SUBWAY
Dining
3,296 visits/mo
0.3 miles
Carquest Auto Parts
Shops & Services
1,018 visits/mo
0.2 miles
Demographics for 51012, IA
6,592
Population
2,889
Households
2.3
Avg Household Size
46
Median Age
20%
College-Educated
93%
High-School Grad
147.7 sq mi
ZIP Area
45
Density / Sq Mi
$56,964
Median Household Income
$33,141
Median Earnings
$725
Median Rent
$127,900
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The upper floor offers potential for living space above a ground-floor commercial area.
Where is this mixed-use property located?
The property is located at 223 W Main St Cherokee, 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: Approximately 4,560 square feet of building area; Ground‑floor commercial space with upper‑level living potential; Located at 223 W Main St in Cherokee
