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1300 2nd Streets, Perry, IA 50220

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For Sale
Sale Pending

$115,000

7 beds • 9 baths • 7,020 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • $16.38
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Prime Mixed-Use Investment Opportunity in Downtown Perry! The FOXY THEATER is in the National Register of Historic Places. Located at 1300 2nd Street, this expansive mixed-use property offers incredible redevelopment potential. The main level features 7,020 sq. ft. with two commercial spaces, while city-approved plans allow for the construction of seven residential units across both levels. Once fully developed, this property could offer up to 12,000 sq. ft. of commercial and residential space. The building has been completely gutted, except for one completed apartment unit, providing a blank slate for investors and developers. Please note: there is currently no structural flooring, and a waiver must be signed before showings. A new roof was installed in 2024, adding long-term value to this project. This is a rare opportunity to transform a historic downtown property into a thriving mixed-use destination!
MLS# 713311

Courtesy Of eXp Realty, LLC

(833) 835-5566

Property Features

  • Age
    Over 50 Years Old

Map and Directions

Directions to 1300 2nd Streets, Perry, IA 50220

Home seller CENTURY 21 Signature Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Signature Real Estate

(515) 224-4002
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Copyright © 2025 Des Moines Area Association 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.

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