REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 325,000
Est. payment | /mo
1,742 Sqft Lot
$ 325,000
Est. payment | /mo
1,742 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 748439
HOA Y/N No
Year Built 1900
Annual Tax Amount $1,654
Lot Size 1,742 Sqft
Acres 0.04
Property Description
Own a piece of downtown Panora with income already built in! This 3-story brick building features four remodeled apartments upstairs, including three 1-bedroom units and one 2-bedroom unit, all currently occupied. The 1,320 sq. ft. main floor is currently used as a laundromat, but the possibilities are wide open for retail, office space, a salon, studio, service business, or something completely new. Whether you're looking to add a solid mixed-use property to your portfolio or operate your own business while collecting rental income upstairs, this unique property offers flexibility, character, and plenty of potential.
Location
State IA
County Guthrie
Area Panora
Zoning CM
Interior
Heating Baseboard, Electric, Forced Air, Gas, Natural Gas
Cooling Window Unit(s)
Fireplace No
Exterior
Roof Type Rubber
Private Pool No
Building
Lot Description Rectangular Lot
Foundation Brick/Mortar
Schools
School District Panorama Community
Others
Tax ID 0001304400
Monthly Total Fees $137
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
©2026 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by RE/MAX Revolution
Schools and Properties Nearby
Learn More About LPT Realty
Brenda Zobel-Moody