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Live-Work Building with Separate Entrances
For Sale
$159,000

315 S Iowa Ave, Washington, IA 52353

CommercialSale, Washington, IA

Property SizeContact for details
Lot Size0.13 Acres
Days on Market101

Property Features for 315 S Iowa Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning B2
Elementary school Washington
Middle school Washington
Directions hwy 92 to Iowa, north on Iowa
Subdivision WashingtonArea
Standard status Active
APN 11-17-379-010
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2844

Utilities

Heating system Natural Gas, Steam
Cooling system Zoned, Wall Unit(s)

Building Details

Year built 1887
Flooring type Carpet, Wood
Building materials Frame
Roof type Composition
Listing Agency: Century 21 Trinity
Listed By: Patty Elliott
Added: Jun 17 Changed: Sep 13 Last Checked: Sep 25 at 1:06PM
MLS# 202603880

Copyright © 2026 Iowa City Area 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.

Built in 1887, this frame live-work property provides a flexible commercial and residential configuration. The main level contains five large rooms, including a reception area, while the upper floor includes a bedroom, kitchenette, living room, and full bathroom. Separate access points serve the main and second floors.

The building features wood and carpet flooring, natural gas and steam heat, wall-unit and zoned cooling, and a composition roof. Mini-split systems provide air conditioning. Zoned B2, the property may also be converted back to a single-family residence with appropriate city permitting.

Key Highlights

  • B2 zoning supports the property's live‑work configuration
  • Five large rooms occupy the main level, including a reception area
  • Upper floor includes a bedroom, kitchenette, living room, and full bathroom

Property Analytics

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Current Use

Craig Arbuckle Law ... Law Firm Sandi Ropp Physician Iowa Family Practice Physician

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Skin Care Clinic Restaurant Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

524
Businesses Nearby

Demographics for 52353, IA

9,416
Population
3,995
Households
2.4
Avg Household Size
41
Median Age
22%
College-Educated
93%
High-School Grad
157.4 sq mi
ZIP Area
60
Density / Sq Mi
$63,232
Median Household Income
$36,062
Median Earnings
$912
Median Rent
$155,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Live-work space - B2-zoned property combines five main-floor rooms with an upstairs residential arrangement.
Where is this live-work space located?
The property is located at 315 S Iowa Ave Washington, 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: B2 zoning supports the property's live‑work configuration; Five large rooms occupy the main level, including a reception area; Upper floor includes a bedroom, kitchenette, living room, and full bathroom
More about this property
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