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33849615
33849616

109 S Marion Ave., Washington, IA 52353

JM
S65259000
$175,000
7 days on market
Updated 7 days ago

109 S Marion

Details
Property Type Retail
Sub Type Storefront
Square Footage 2,835
Year Built 1908
Acreage 0.060

Retail | 2,835 SqFt

Marketing description

east side of the square. Located in the heart of downtown Washington, this versatile commercial building offers multiple income-producing possibilities. The main level features finished office space ideal for a professional business, retail operation, or service-based company. The finished lower level provides additional office or workspace, offering flexibility for expansion, storage, or multiple tenants. Above the commercial space, you'll find two one-bedroom apartments, creating an excellent opportunity for rental income while maintaining a thriving business presence below. Whether you're an investor seeking a mixed-use property or an entrepreneur looking to own your workspace while generating additional revenue, this downtown building offers endless potential. Conveniently located near local shops, restaurants, and community amenities, this property is positioned to take advantage of all that downtown Washington Iowa has to offer. Basement finished area adds an additional sq footage.

Investment highlights

  • 48 hour notice to show. Please call agent. Possession after Sept 1, 2026 Back porch is owned by 111 S. Marion. Do not use back steps. Shared front steps with apartments owned by 111. S Marion. Back hallway has an easement from 111 S Marion for escape route. (see attached docs) Asbestos in flooring on 1st floor. Central air upstairs does not work. Window units will stay. first taxes due will be in the fall of 2028. Likely it will change to Dual Class and the estimate on taxes due will be around $4,100 a year.
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Listing Contacts

JM
S65259000

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Zoning

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B-1 CommercialCore CommercialCentral Business
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Last updated Mar 9, 2026 For deeper zoning details, reports are available at Zoneomics

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