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    Cambridge, IA
    Mixed-Use

    Cambridge, IA Mixed-use Properties for Sale

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    Huxley, IA Maxwell, IA Ames, IA Nevada, IA Elkhart, IA Slater, IA Bondurant, IA Ankeny, IA
    Mixed-Use Building with Retail
    Updated: Jun 24
    Mixed-Use Building with Retail

    222 Water St, Cambridge, IA 50046

    $999,999
    6,554 sqft
    Mixed‑use property with retail space plus four residential units in one location
    Includes a studio apartment that is handicap accessible
    Three brand new 2‑bedroom apartments, each with a full bath
    Each 2‑bedroom apartment includes stainless steel appliances
    Each 2‑bedroom apartment includes in‑unit washer and dryers
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    This listing looks promising.

    Here's a quick look at some key insights for

    222 Water St, Cambridge, IA 50046

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    • Est. Cap Rate

      6.6%
      Above avg (5.9%)

    • Est. NOI

      $66K
      Annual

    • Price @ 7% Cap

      $948K
      Suggested

    • Property Type

      Retail Stores
      Built 1890
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Cambridge, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Property Near Grandview University
    Mixed-Use Property Near Grandview University

    3001 E 14th St, Des Moines, IA 50316

    $286,000
    3,683 sqft

    High-visibility mixed-use property in a primary commercial corridor.

    View details
    Luxury Mixed-Use Community in Des Moines
    Luxury Mixed-Use Community in Des Moines

    4362 Hickman Road, Des Moines, IA 50310

    Contact for pricing
    16,901 sqft

    42-unit mixed-use property with apartments, townhomes, and medical office.

    View details
    Retail, Multifamily, Office, Mixed Use
    Retail, Multifamily, Office, Mixed Use

    7040 NE 14th St, Ankeny, IA 50023

    $3,417,227
    6,358 sqft 1.44 AC lot

    Mixed-use properties · 6,358 SF

    View details
    9 Acre Development Parcel Ankeny
    9 Acre Development Parcel Ankeny

    508 NW 36th St, Ankeny, IA 50023

    Contact for pricing
    9.00 AC lot

    9 acre development parcel for mixed-use, office, retail, restaurant.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Campustown Redevelopment Opportunity Near ISU
    Campustown Redevelopment Opportunity Near ISU

    218 Welch Avenue, Ames, IA 50014

    $1,600,000
    4,576 sqft 0.65 AC lot

    Commercial land for redevelopment near Iowa State University campus.

    View details
    Development Land Opportunity
    Development Land Opportunity

    3105 SW State St, Ankeny, IA 50023

    $1,020,000

    Development land near SW State St and SW Oralabor Rd Intersection.

    View details
    Des Moines Development Opportunity
    Des Moines Development Opportunity

    2515 24th St, Des Moines, IA 50310

    $240,000

    Prime development opportunity near downtown and medical facilities.

    View details
    Des Moines Development Opportunity
    Des Moines Development Opportunity

    3101 SE 22nd St, Des Moines, IA 50320

    $300,000
    1.92 AC lot

    1.92 acres of land suitable for various development projects.

    View details

    Cambridge, IA Mixed-Use Properties Market Trends and Statistics

    Explore 1 mixed-use properties for sale in Cambridge, IA on our real estate platform. These investment opportunities span a total of 6,554 square feet of properties for sale, with an estimated market value of $999,999.

    Sale prices for multi use buildings in Cambridge, IA average $999,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 1,696
    Population Growth (5Y) +6.3%
    Median Household Income $91,944
    College Educated 45.4%

    High-Yield Neighborhoods for Investment

    Identify Cambridge submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    50046 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 2.50%
    Property Tax per SF $25.37 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Story County

    New Delisted

    Total CRE Inventory on Market (SF)

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