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Mixed-Use Building with Living Quarters
For Sale
$82,000

318 Locust Street NE, Blairstown, IA 52209

Commercial, Blairstown, IA

Property Size3,250 SF
Lot Size0.06 Acres
Price / SF$25.23
Days on Market190

Property Features for 318 Locust Street NE

General Information

Property type Commercial Sale
Property subtype Office
Zoning Comm
Directions Hwy 30 West South to Blairstown
Subdivision OT-W (West of I-380)
Standard status Active
APN 05009050
Size 3,250 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Description BLAIRSTOWN LOT 3 BLK 4
Tax Annual Amount 954
Legal Description BLAIRSTOWN LOT 3 BLK 4

Building Details

Year built 1920
Flooring type Concrete, Wood
Roof type Membrane
Listing Agency: Pinnacle Realty LLC
Listed By: PJ McInerney
Added: Feb 16 Changed: Aug 19 Last Checked: Aug 25 at 2:06PM
MLS# 2601118

Copyright © 2026 Cedar Rapids 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.

This 3,250-square-foot mixed-use building sits on a 0.06-acre parcel at 318 Locust Street NE in Blairstown. Constructed in 1920, the property includes commercial space on the main level and living quarters upstairs, providing flexibility for an owner-user or additional rental arrangement. Commercial zoning is identified as Comm.

The building was formerly used as a coffee and bakery business and includes a kitchen hood, sink, bathrooms, kitchen, dropped ceiling, newer floors, furnace, and water heater. Concrete and wood flooring are present, with a membrane roof. The space is described for potential restaurant, retail, or office use, and the sale includes the building and land. Items not attached to the property are negotiable or separately accounted for.

Key Highlights

  • 3,250 SF mixed‑use building on a 0.06‑acre parcel
  • Commercial zoning identified as Comm
  • Upstairs living quarters provide additional space or rental potential

Property Analytics

Current Use

OurPlace Cafe & Coffee Shop

Suggested Use

Top Pick Plumbing Service Auto Parts Store Grocery & Convenience Store Kitchen & Bath Showroom Cafe & Coffee Shop Florist

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

68
Businesses Nearby

Demographics for 52209, IA

1,106
Population
438
Households
2.5
Avg Household Size
40
Median Age
22%
College-Educated
96%
High-School Grad
39.3 sq mi
ZIP Area
28
Density / Sq Mi
$73,854
Median Household Income
$44,135
Median Earnings
$753
Median Rent
$200,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial property suited for restaurant, retail, office, or additional rental use.
Where is this mixed-use property located?
The property is located at 318 Locust Street NE Blairstown, IA.
What is the asking price?
The asking price for this property is $82,000.
What are key features of this property?
This property features: 3,250 SF mixed‑use building on a 0.06‑acre parcel; Commercial zoning identified as Comm; Upstairs living quarters provide additional space or rental potential
More about this property
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