118 N Franklin St, Manchester, IA 52057
118 N Franklin St, Manchester, IA 52057
118 N Franklin St, Manchester, IA 52057
118 N Franklin St, Manchester, IA 52057
118 N Franklin St, Manchester, IA 52057
118 N Franklin St, Manchester, IA 52057
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$ 327,500
Est. payment | /mo

5,919 Sqft Lot


$ 327,500
Est. payment | /mo

5,919 Sqft Lot

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202507299

Year Built 1900

Annual Tax Amount $6,136

Tax Year 2024

Lot Size 5,919 Sqft

Acres 0.1

Lot Dimensions 37x112

Property Sub-Type Commercial

Property Description

Investment includes the established Repeats Consignment Shop along with the commercial real estate! Providing an excellent opportunity for an Entrepreneur, investor, or owner-occupant to take over a Lucrative retail business while owning the building in which it operates. The main level offers nearly 2,000 square feet of open, flexible commercial space, providing an inviting retail environment with room for continued business operations and future growth. The property also includes a spacious two-bedroom, two-bath loft apartment with an open-concept living area, offering the potential for on-site living, additional rental income, or a convenient live/work arrangement. Additional features include an outdoor patio, a two-car heated garage, and an elevator serving both levels. With the business and building being sold together, this property offers a rare combination of established income and commercial ownership, and residential versatility. Whether you are looking for success of an established consignment business or expand your investment portfolio this live/work setup and property offers exceptional flexibility and opportunity!

Location

State IA

County Delaware

Zoning C - Commercial; R - Resid

Direction HWY 13 N R on N Franklin

Interior

Interior Features Elevator

Heating Natural Gas, Forced Air

Cooling Central Air

Flooring Carpet, Vinyl, Wood

Exterior

Utilities Available Natural Gas Available, Sewer Available, City Water

Roof Type Other

Building

Lot Size Range Half To One Acre

Structure Type Brick,Frame

Others

Tax ID 631293400700

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://118_N_Franklin-RVST-Branded.mp4

Listed by Skogman Realty Co.
Dona Camp

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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118 N Franklin St