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527 Broad Street, Story City, IA 50248

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For Sale

$339,000

0.09 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 0.1 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

This well-maintained commercial/ Multi Family building in Story City presents a fantastic investment opportunity with a mix of commercial and residential income. Please note that photos for two of the apartments are not pictured due to being fully occupied. Please schedule a showing to view.The property features three leased commercial units they are a yoga studio, a business with offices, and a popular pizza restaurant, Additionally, the second story houses four apartments: three one-bedroom units and one spacious two-bedroom unit. Coin laundry is also available on the second story for tenants.The has been recently replaced and comes with a transferable warranty and all four apartments benefit from updated and modern HVAC equipment. Both water heaters have been replaced within the last year. Three of the apartments have been renovated by the current owner, while one retains its original. Two of the commercial units have also been updated under current ownership, while the third remains original. The building features updated electrical and some updated plumbing. Separate utility meters are in place, excluding water. Several of the tenants in this building are long-term tenants.
MLS# 68957

Courtesy Of RE/MAX REAL ESTATE CENTER

2324663

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Carpet, Tile, Vinyl
  • Lot Size
    0.09 Acres

Map and Directions

Directions to 527 Broad Street, Story City, IA 50248

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Central Iowa Board of Realtors, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.