209 Main Street, Malcom, Iowa 50157

IA, Malcom
$150,000
  • 0.11 Acre
  • Commercial Sale Property Type
  • 1900 Year Built
  • Active Status
Property Description
Rare investment opportunity in the heart of Malcom, Iowa, featuring a versatile mixed-use building. This unique property includes a commercial storefront currently occupied by the local post office and a residential rental apartment on the second floor, providing a dual-income stream from day one. Situated on a large, low-maintenance gravel lot, the property offers expansive off-street parking or the flexibility for future site improvements. While the main floor provides a steady commercial presence, the true value lies in the flexibility of the space and the residential unit above, making it an ideal addition to any portfolio or a perfect live-work setup for a local owner. Whether you are looking for a reliable entry-level investment or a property with character and utility, this Malcom staple is a must-see. Grab this chance to own a piece of the community with built-in versatility and room to grow. Call today!
Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6338231
  • Price: $150,000
  • Year Built: 1900
  • Lot Area: 0.11 Acre
  • Status: Active
  • Office Name: RE/MAX Partners Realty, Grinnell
  • Agent Name: Matthew Karjalahti
Features
  • Heating System Forced Air
  • Parking Gravel,Outside
  • Architectural Style Mixed Use
  • Sewer City Sewer/Connected
  • Utilities None
Address Map
  • Country US
  • State IA
  • County Poweshiek
  • City Malcom
  • Zipcode 50157
  • Street: Main
  • Street Number: 209
  • Street Suffix: Street
  • Longitude: W93° 26' 36.8''
  • Latitude: N41° 42' 23.5''
  • Directions: From the interstate, head North into Malcom on HWY 63, turn left (West) on 2nd St. Turn right (North) on Main St. Property will be on the left. (West side of the St.)
Additional Information
  • Construction Materials: Brick
  • Current Use: Office
  • Lot Size Dimensions: 33.33 x 140
  • Number Of Units Total: 2
  • Possible Use: Office,Retail,Other
  • Previous Price: 150000
  • Water Source: Public
Financial
  • Tax Annual Amount: 618
Map
Contact Agent
AJ Brown
A.J. Brown
Land & Farm Realtor
Phone: 641-680-9944
Fax: 641-664-3520

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