105 E Marion Street, Sigourney, Iowa 52591

IA, Sigourney
$144,900
  • 0.13 Acre
  • Commercial Sale Property Type
  • 1885 Year Built
  • Active Status
Property Description
Opportunity awaits with this versatile commercial building currently operating as retail but adaptable to a wide variety of uses including office, service-based business, or continued retail. Located on the city square, this building offers strong visibility and recent updates. This property offers both immediate income and future upside. The main level features a spacious retail area that the current owner can vacate within 30 days if needed, allowing flexibility for an owner-occupant or new tenant placement. A service elevator adds convenience and accessibility between levels. The property includes two occupied apartments, providing steady rental income: Unit 1: 2-bedroom (1 bath) with several additional non-conforming bedrooms Unit 2: 1-bedroom (1 bath) with 1 non-conforming bedroom Currently, the owner pays utilities, offering potential to increase cash flow by restructuring leases or separating utilities in the future. Rolled rubber roof replaced approximately 3 years ago Front exterior recently redone Grandfathered awning in place Two newer furnaces (installed in 2017) Whether you’re looking to expand your business, invest in rental income, or reimagine the space entirely, this property offers flexibility, functionality, and future opportunity. Rental details available upon request.
Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6335644
  • Price: $144,900
  • Year Built: 1885
  • Lot Area: 0.13 Acre
  • Status: Active
  • Office Name: Legacy Insurance & Real Estate
  • Agent Name: Stacy Flynn
Features
  • Heating System Forced Air
  • Parking Gravel,Common,Outside
  • Architectural Style Mixed Use
  • Sewer City Sewer/Connected
  • Utilities Heating Common,Hot Water Common,Electric Common
Address Map
  • Country US
  • State IA
  • County Keokuk
  • City Sigourney
  • Zipcode 52591
  • Street: Marion
  • Street Number: 105
  • Street Suffix: Street
  • Longitude: W93° 47' 42.7''
  • Latitude: N41° 19' 57''
  • Directions: Located near the South West corner of the square.
  • Street Dir Prefix: E
  • Zoning: Business/Commercial,Resi
Additional Information
  • Accessibility Features: None
  • Construction Materials: Brick
  • Current Use: Commercial,Retail
  • Lot Size Dimensions: 44X132
  • Number Of Units Total: 2
  • Possible Use: Diversified,Income,Medical/Dental,Office,Professional/Office,Retail,Services,Warehouse,Wholesale
  • Previous Price: 149900
  • Water Source: Public
Financial
  • Tax Annual Amount: 3369
Map
Contact Agent
AJ Brown
A.J. Brown
Land & Farm Realtor
Phone: 641-680-9944
Fax: 641-664-3520

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