Mixed-Use Property with Commercial Space

304 Franklin Street Delhi, IA

Claim this Listing
For Sale
$189,000

MULTI_FAMILY - Delhi, IA

Property size:
4,172 SF
Price / SF:
$45/SF
Added:
Jul 3, 2026
Days on Market:
9
Last Refresh:
Jul 11 at 5:06 am

Property Features for 304 Franklin Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
commercial
Bedrooms
3
Bathrooms
3
Rooms
Bedroom 3, Bathroom 3, Basement, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2
Parking features
Off Street
Basement
Full
Appliances
Refrigerator, Range
Standard status
Active
APN
490000108300
Size
4,172 SF

Taxes and HOA fees

Tax Annual Amount
1344

Utilities

Heating system
Forced Air, Steam
Cooling system
Central Air

Building Details

Year built
1900
Floors in Building
1
Number of units
2
Building materials
Metal, Rock
Roof type
Rubber

Listing agent Jerry Elbert

Listing office EXIT Unlimited 1200 Cedar Cross Road, Dubuque, IA

Listing date Jul 3, 2026

MLS# 155162 Listing URL

Copyright © 2026 East Central Iowa 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 commercial and residential opportunities in one building. The offering is positioned for flexible use, including options such as a live-work setup or owning space that supports multiple income streams, depending on how the property is operated.

The property is located at 304 Franklin Street in Delhi, Iowa, within a commercial zoning designation. At 4,172 square feet, it provides a compact footprint for an owner-operator or buyer looking for a single building with more than one potential use.

For tenants and buyers, the key practical consideration is the building’s built-in dual-purpose layout, allowing different parts of the property to serve different functions. This can be useful for entrepreneurs who want to combine a commercial space with residential living, or for investors evaluating a property that supports both commercial and residential use under one ownership structure. The property’s value proposition is centered on this mix of uses rather than any single tenant type or program.

Key Highlights

  • 3‑bedroom layout with 3 bathrooms and a basement
  • Central air conditioning
  • Heating includes forced air and steam

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Live-work space

Suggested Use

Building Supply Electrical Service Plumbing Service Storage Facility Furniture & Home Goods Grocery & Convenience Store Kitchen & Bath Showroom Cafe & Coffee Shop Hair Salon Nail Salon

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

FAQs

What type of property is this?
Live-work space - A versatile mixed-use building offering both commercial and residential opportunities on a commercial-zoned site.
Where is this live-work space located?
The property is located at 304 Franklin Street Delhi, IA.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: 3‑bedroom layout with 3 bathrooms and a basement; Central air conditioning; Heating includes forced air and steam
Contact an agent
More about this property
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