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Listed by Kristine Baldwin • Skogman Realty
$ 327,500
Est. payment /mo
Active
118 N Franklin ST Manchester, IA 52057
4,138 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office/Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20255902
Year Built 1900
Annual Tax Amount $6,136
Tax Year 2024
Lot Size 4,138 Sqft
Acres 0.095
Property Sub-Type Office/Retail
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 Comm Res
Interior
Heating Forced Air, Gas
Cooling Central Air, Multi Units
Flooring Wood, Tile, Carpet
Fireplace N
Exterior
Utilities Available Electricity Available, Natural Gas Available, Water Available, Sewer Available, Fiber Optics
View Y/N true
Roof Type Membrane
Building
Lot Description Close to Shopping, Near Recreation
Sewer Public Sewer
Structure Type Frame,Brick
Others
Ownership LL Corp
Acceptable Financing NBR20255902
Listing Terms NBR20255902
Special Listing Condition Normal Sale
