Mixed-Use Property with Hotel
For Sale
$220,000
Pending
309 W Adams St, Creston, IA 50801
Multi-level commercial property combines furnished lodging rooms, retail storefronts, and a former theater with existing equipment.
Property SizeContact for details
Days on Market139
Property Features for 309 W Adams St
General Information
Standard status
Pending
Taxes and HOA fees
Annual Taxes
$4,102
Listing Agency:
Our Town Realty, LLC
(641) 247-1122
Listed By:
Kiki Scarberry
(641) 247-1122
Source:
Exprealty
Added: Apr 15
Changed: Aug 30
Last Checked: Aug 30 at 8:45PM
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 Our Town Realty, LLC
Investment Insights
Based on property information with market context.
This mixed-use property combines a former movie theater, two retail storefronts, and furnished lodging accommodations. The main level includes a 7,442-square-foot theater with 162 seats, while projection and sound equipment remain in place but have not been tested. Two adjacent storefronts are vacant and can support leasing or owner occupancy.
The upper level contains eight hotel-style rooms, each with a private bath, mini-split heating and cooling, and internet access. Six of the eight rooms are currently rented, creating an established lodging component. Free city parking is located across the street, and the property offers multiple space configurations within one commercial building.
The upper level contains eight hotel-style rooms, each with a private bath, mini-split heating and cooling, and internet access. Six of the eight rooms are currently rented, creating an established lodging component. Free city parking is located across the street, and the property offers multiple space configurations within one commercial building.
Key Highlights
- 7,442‑square‑foot former movie theater with 162 seats
- Two vacant retail storefronts available for lease‑up or owner occupancy
- Eight furnished hotel‑style rooms with private baths
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
559
Businesses Nearby
17k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 62%
Shops & Services 38%
Fareway
Groceries
10,782 visits/mo
0.2 miles
Napa Auto Parts
Shops & Services
2,134 visits/mo
0.2 miles
Spencer's
Shops & Services
2,116 visits/mo
0.2 miles
BP
Shops & Services
1,869 visits/mo
0.2 miles
Creston Automotive
Shops & Services
534 visits/mo
0.1 miles
Demographics for 50801, IA
9,245
Population
4,566
Households
2
Avg Household Size
41
Median Age
26%
College-Educated
95%
High-School Grad
207.2 sq mi
ZIP Area
45
Density / Sq Mi
$55,453
Median Household Income
$35,522
Median Earnings
$676
Median Rent
$120,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-level commercial property combines furnished lodging rooms, retail storefronts, and a former theater with existing equipment.
Where is this mixed-use property located?
The property is located at 309 W Adams St Creston, IA.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: 7,442‑square‑foot former movie theater with 162 seats; Two vacant retail storefronts available for lease‑up or owner occupancy; Eight furnished hotel‑style rooms with private baths
