Mixed-Use

Mount Ayr, IA Mixed-use Properties for Sale

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12-Unit Mixed-Use Property
Updated: Oct 9
12-Unit Mixed-Use Property

1201 E South Street, Mount Ayr, IA 50854

$999,500
2.25 AC lot
12 apartments plus office and retail space on 2.25 acres
Office and retail area includes leased clinic space, shared common area, and additional space available for lease
Nine apartment units have detached garage parking
Roof replaced in 2023; apartment units updated in 2021 and 2022
Frontage on Highways 2 and 169, across from Casey’s General Store
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Mount Ayr, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Mixed-Use Building with Hotel Rooms
Mixed-Use Building with Hotel Rooms

301 W Adams Street, Creston, IA 50801

$649,900
0.23 AC lot

Historic stucco property combines furnished lodging rooms with a leased restaurant and outdoor patio.

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Garrison House Restaurant Property
Garrison House Restaurant Property

104 N 16th St, Clarinda, IA 51632

$450,000
4,820 sqft

Established restaurant operation with integrated lodging, retail, catering, and beverage components at a 4,820-square-foot property.

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Hotel Property with Restaurant and Patio
Hotel Property with Restaurant and Patio

301 W Adams St, Creston, IA 50801

$700,000

Hotel-oriented property with furnished rooms, leased restaurant space, and an outdoor patio.

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Mixed-Use Restaurant and Lodging Property
Mixed-Use Restaurant and Lodging Property

106 North 16th Street, Clarinda, IA 51632

Contact for pricing

Restaurant, retail, catering, and lodging uses operate within the same property.

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Off-Market Properties in Mount Ayr, IA

Consider similar Off-Market properties in Mount Ayr, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1201 Es St
OFFICE/RESIDENTIAL (MIXED USE)

1201 Es St, Mount Ayr, IA 50854-2177

Estimated value:
$500,000
3,048 sqft 2.25 AC lot
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Mount Ayr, IA Mixed-Use Properties Market Trends and Statistics

Explore 2 mixed-use properties for sale in Mount Ayr, IA on our real estate platform.

Sale prices for multi use buildings in Mount Ayr, IA average $999,500 — 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 2,304
Population Growth (5Y) -10.9%
Median Household Income $69,352
College Educated 33.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
50854 $1.1M

Taxes & Financing

Tax Rate (average for all types) 2.65%
Property Tax per SF $28.25 per SF
Tax Rate vs County Average 0.21 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Ringgold County

New Delisted

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