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Mixed-Use Property with Storefront
For Sale
$180,000

412 Main Street, Colesburg, IA 52035

Residential Income, Colesburg, IA

Property Size1,800 SF
Price / SF$100
Days on Market91

Property Features for 412 Main Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning Commercial
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bathroom 4, Bedroom 3, Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 6
Parking features On Street
Appliances Refrigerator, Range, Dishwasher, Washer, Dryer
Subdivision COLESBURG LT 4 BLK 1
Elementary school Ed-Co
Middle school Ed-Co
High school Ed-Co
Standard status Active
Size 1,800 SF

Taxes and HOA fees

Tax Annual Amount 862

Utilities

Heating system Hot Water(Heating), Forced Air
Cooling system Central Air, Window Unit(s)

Building Details

Year built 1860
Floors in Building 2
Number of units 4
Building materials Stone
Roof type Metal
Listing Agency: EXIT Unlimited · EXIT Realty
Listed By: Jerry Elbert
Added: Jul 11 Changed: Oct 7 Last Checked: Oct 9 at 10:06PM
MLS# 155183

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 1,800-square-foot mixed-use property was built in 1860 and includes residential and commercial components within one building. One apartment is occupied by a long-term renter, while a second apartment remains in the drywall stage for completion. The main-level storefront is available for a new tenant or owner-occupied business. A seasonal short-term rental component has existing bookings.

The property is located at 412 Main Street in Colesburg, Iowa, within Delaware County. Commercial zoning supports the property’s mixed-use configuration. Construction includes stone walls and a metal roof, with hot-water and forced-air heating, window-unit and central air conditioning, and on-street parking. Appliances include a refrigerator, range, dishwasher, washer, and dryer.

Key Highlights

  • 1,800‑square‑foot mixed‑use property built in 1860
  • One apartment occupied by a long‑term renter
  • Second apartment is in the drywall stage

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Auto Parts Store Storage Facility Butcher Big Box & Wholesale Store Auto Repair Shop Nail Salon

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

40
Businesses Nearby

Demographics for 52035, IA

915
Population
583
Households
1.6
Avg Household Size
46
Median Age
14%
College-Educated
90%
High-School Grad
50.0 sq mi
ZIP Area
18
Density / Sq Mi
$59,702
Median Household Income
$36,442
Median Earnings
$721
Median Rent
$131,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Mixed-use property - Stone building combines an occupied apartment, a second apartment in progress, and a commercial storefront.
Where is this mixed-use property located?
The property is located at 412 Main Street Colesburg, IA.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: 1,800‑square‑foot mixed‑use property built in 1860; One apartment occupied by a long‑term renter; Second apartment is in the drywall stage
More about this property
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