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Renovated Mixed-Use Property with Apartment
For Sale
$315,000

306 W State Street, Williamsburg, IA 52361

Commercial-zoned building combines leased business suites, storage garages, and a furnished two-bedroom apartment.

Property Size5,321 SF
Price / SF$59.20
Days on Market233

Property Features for 306 W State Street

General Information

Standard status Active
Size 5,321 SF
Property subtype Commercial
Zoning Commercial

Units

Unit Mix 1 x 2BR/1BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $7,080

Amenities

Carpet,Vinyl
Elevator,ZeroStepEntry
80x160
0.29
CountyRoad,Paved

Building Details

Year Built 1890
Year Renovated 2022
Listing Agency: SKOGMAN REALTY
Listed By: Karrie Schultz · License #B63691000
Source: Pinnaclerealtyia
Added: Jan 9 Changed: Aug 29 Last Checked: Aug 29 at 1:38PM

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 SKOGMAN REALTY

Investment Insights

Based on property information with market context.

Located at 306 W State Street in Williamsburg, this 5,321-square-foot mixed-use property occupies a corner lot in the downtown district. The building was extensively renovated in 2022 and includes elevator service and zero-step entry. Interior finishes include carpet and vinyl flooring, while the property was originally built in 1890.

The current configuration includes four leased business spaces, two garages rented for storage, and a fully furnished apartment operated as an Airbnb. The apartment provides two bedrooms, one full bathroom with a stand-up shower, and essential appliances. A stackable washer and dryer were installed in 2023. The parcel measures 0.29 acres with 80x160 dimensions and access from a paved county road. Commercial zoning supports the property’s mixed-use configuration.

Key Highlights

  • 5,321‑square‑foot mixed‑use building on a 0.29‑acre parcel
  • Extensively renovated in 2022
  • Four leased business spaces plus two storage garages

Property Analytics

Current Use

Miracle-Ear Hearing Aid ... Hearing Aid Store Midwest Counseling Medical Clinic Witte's Home Decorating Carpet & Flooring Store

Suggested Use

Top Pick Real Estate Agency Plumbing Service Kitchen & Bath Showroom Storage Facility (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

266
Businesses Nearby

Demographics for 52361, IA

5,018
Population
2,134
Households
2.4
Avg Household Size
40
Median Age
33%
College-Educated
95%
High-School Grad
129.8 sq mi
ZIP Area
39
Density / Sq Mi
$66,695
Median Household Income
$42,745
Median Earnings
$758
Median Rent
$198,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial-zoned building combines leased business suites, storage garages, and a furnished two-bedroom apartment.
Where is this mixed-use property located?
The property is located at 306 W State Street Williamsburg, IA.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 5,321‑square‑foot mixed‑use building on a 0.29‑acre parcel; Extensively renovated in 2022; Four leased business spaces plus two storage garages
More about this property
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