118 N Franklin Street

MLS ID #153597

Asking: $350,000

Type: Mixed Use

Address: 118 N Franklin Street

City: Manchester

State: IA

ZIP: 52057

Area: West

Class: Commercial/industrial

County: Delaware

General Information

Total # of Bath Areas: 4.00

Year Built: 1900

Price per Square Foot: $59

Lot Size: 37x112

Zoning: C - Commercial; R - Resi

Parcel ID: 631293400700

DBA: N/A

Year Purchased: N/A

Subdivision / Legal: N/A

Income Rents: N/A

Income Sales: N/A

Income Other: N/A

Total Income: N/A

Expenses Insurance: N/A

Expenses Taxes: N/A

Expenses Utilities: N/A

Expenses Other: N/A

Total Expenses: N/A

Net Income: N/A

Features

Commercial Style: Two Story

Exterior Finish: Brick, Vinyl

Raised Docks: None

Ground Line Doors: None

Roof: Stucco

Basement: Full

Foundation: Rock, Tile Block

Electric Service: 200 Amps

Electric: Alliant

Fuel Type: Gas

Heating: Forced Air

Cooling: Central Air

Gas: Natural Gas

Water: Public

Sewer: Public

Flooring: Other, Wood

Extras: Other

Parking Surface: Paved

Terms: Cash, Financed

Description

Exceptional Commercial Building with Loft Apartment! This versatile commercial building offers nearly 2,000 sq. ft. of prime retail or office space—perfect for a growing business, boutique, or professional services. The main level provides an open, flexible layout with excellent visibility and room to customize to your needs. Above, you’ll find a spacious 2-bedroom, 2-bath loft apartment, ideal for an owner-occupant or additional rental income. The loft features an inviting open-concept design, outdoor patio space for relaxing or entertaining, and convenient access to a 2-car heated garage. An elevator services both levels, providing outstanding accessibility and convenience throughout. Whether you’re an entrepreneur seeking a live/work setup or an investor looking for a strong mixed-use opportunity, this property offers exceptional potential and modern amenities throughout.

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