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Mixed-Use Commercial Property with Apartments
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511 1st Avenue, Vinton, IA 52349

Large main-level commercial space with two upstairs residences, rooftop and balconies, plus attached garage and basement.

Property SizeContact for details
Days on Market135

Property Features for 511 1st Avenue

General Information

Standard status Active
Property subtype Special Purpose

Additional Details

Multifamily Units 2

Amenities

balconies
open rooftop space
attached garage
large basement
Listing Agency: Century 21 Signature Real Estate
Listed By: Tyra McAbee · License #B65092000
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Jul 23 at 4:06PM

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 Century 21 Signature Real Estate

Investment Insights

Based on property information with market context.

This mixed-use property at 511 1st Avenue in Vinton, IA combines a substantial main-level commercial area with two separate living spaces upstairs. The main level features over 4,000 sq. ft. that can be configured as one expansive establishment or divided into multiple units. Upstairs, there are two distinct residences: a newly remodeled 1 bed, 1 bath apartment and a 3 bed, 1 bath home with a spacious living room, formal dining area, and an updated kitchen.

Outdoor space includes balconies and an open rooftop area. The property also includes an attached garage and a large basement, providing additional storage and potential for future finished space or expansion.

Offered for sale, this configuration supports a range of practical uses for the commercial portion while maintaining independent, separate upstairs living accommodations.

Key Highlights

  • Main level offers over 4,000 sq. ft. of commercial space that can be set up as one business or divided into multiple units
  • Upstairs includes two separate living spaces: a newly remodeled 1 bed, 1 bath apartment and a 3 bed, 1 bath home
  • Large basement plus attached garage for additional storage or potential future finished space

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Kitchen & Bath Showroom Parking Lot & Garage (Bike/Boat/Book/etc) Store

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

371
Businesses Nearby

Demographics for 52349, IA

7,405
Population
3,548
Households
2.1
Avg Household Size
44
Median Age
28%
College-Educated
91%
High-School Grad
149.6 sq mi
ZIP Area
49
Density / Sq Mi
$71,537
Median Household Income
$53,000
Median Earnings
$838
Median Rent
$173,800
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Short term rental property - Large main-level commercial space with two upstairs residences, rooftop and balconies, plus attached garage and basement.
Where is this short term rental property located?
The property is located at 511 1st Avenue Vinton, IA.
What are key features of this property?
This property features: Main level offers over 4,000 sq. ft. of commercial space that can be set up as one business or divided into multiple units; Upstairs includes two separate living spaces: a newly remodeled 1 bed, 1 bath apartment and a 3 bed, 1 bath home; Large basement plus attached garage for additional storage or potential future finished space
(515) 953-8146 Call to check price and availability
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