Downtown Mixed-Use
546 2nd Street, Webster City, IA 50595
For Sale
$875,000
Residential Income, Webster City, IA
Property Size19,980 SF
Lot Size0.25 Acres
Price / SF$43.79
Days on Market139
Property Features for 546 2nd Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Rooms
Parking features
Exterior features
Elementary school district
Middle school district
High school district
Subdivision
Standard status
Size
Lot size
Additional Details
Tenant in Place
Mixed-Use Components
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Water source
Amenities
coin laundry
security cameras
key fob access
Building Details
Number of units
Roof type
Buildings
Listing Agency:
Guthrie and Associates Real Estate
(515) 576-5703
Listed By:
Scott Underberg
(515) 571-2761
Added: Jun 26
Changed: Oct 27
Last Checked: Nov 11 at 10:06AM
MLS# 30042
Copyright © 2026 Fort Dodge Board 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.
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Investment Insights
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Located at 546 2nd Street in Webster City, this Commercial-zoned mixed-use building combines 11 apartments with two commercial suites. The residential component includes six one-bedroom units, two two-bedroom units, and three studios, while the commercial space is supported by leases with three-year and four-year terms. Coin-operated laundry serves the apartment component, with on-street parking available.
Renovation work completed in 2026 included a new roof, PEX plumbing, RTU, furnaces, appliances, security cameras, and key fob access. The property uses forced-air natural gas heating, central air, and window units. Public water serves the building, and a RUBS system is in place for utility allocation. Reported occupancy is 86%, with mostly year-plus leases, and the property is situated in Webster City's downtown retail corridor.
Renovation work completed in 2026 included a new roof, PEX plumbing, RTU, furnaces, appliances, security cameras, and key fob access. The property uses forced-air natural gas heating, central air, and window units. Public water serves the building, and a RUBS system is in place for utility allocation. Reported occupancy is 86%, with mostly year-plus leases, and the property is situated in Webster City's downtown retail corridor.
Key Highlights
- 11 apartments: 6 one‑bedroom, 2 two‑bedroom, and 3 studios
- Two commercial suites with 3‑year and 4‑year lease terms
- 2026 improvements include roof, PEX plumbing, RTU, furnaces, and appliances
Property Analytics
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Current Use
Lease Details
11
Residential units
86%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
449
Businesses Nearby
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Business Placement
Demographics for 50595, IA
8,887
Population
4,170
Households
2.1
Avg Household Size
42
Median Age
23%
College-Educated
91%
High-School Grad
153.5 sq mi
ZIP Area
58
Density / Sq Mi
$71,182
Median Household Income
$46,587
Median Earnings
$877
Median Rent
$129,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated brick-and-steel property combines apartment residences with leased commercial suites and on-site coin laundry.
Where is this mixed-use property located?
The property is located at 546 2nd Street Webster City, IA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 11 apartments: 6 one‑bedroom, 2 two‑bedroom, and 3 studios; Two commercial suites with 3‑year and 4‑year lease terms; 2026 improvements include roof, PEX plumbing, RTU, furnaces, and appliances
