$199,000
100 W Center Street
Details
APN 3611487001
Property Type Retail, Office
Sub Type Storefront, Traditional Office
Square Footage 5,536
Units 3
NOI $11,700
Year Built 1890
Stories 2
Acreage 0.150
Parking Spaces spaces
Retail | 5,536 SqFt
Marketing description
Step into a rare piece of Iowa history with this remarkable mixed-use commercial and residential property located in the heart of downtown. This historic building is one of only three remaining opera houses in the state, offering timeless character paired with modern updates.
The main floor features a beautifully maintained commercial space with endless potential— retail, office, restaurant, event venue, or creative studio. Large windows invite in natural light while showcasing the charm and visibility of a prime downtown location.
Above, you’ll find two well-appointed apartments, providing excellent income potential to help offset expenses. Whether used for long-term rentals or short-term stays, these units add versatility and value.
Recent updates include a new roof and new windows, giving peace of mind to the next owner. With its rich history, strong presence, and multiple income streams, this turn-key property is ready for your next business venture.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$11,700.00
$975.00/mo
Valuation Metrics
0
DSCR
5.88%
Cap Rate
5.88%
ROI
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