115 E Main Street, Cherokee, IA 51012

$190,000
  • 115 E Main Street, Cherokee, IA 51012 Main Photo

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New to the Market Active
MLS#834684
STATUSActive PROPERTY TYPECommercial - Investment

Property Description

Turnkey mixed-use building in the heart of downtown Cherokee, offering a rare combination of stable commercial income and residential upside in one address. This well-positioned property features two fully leased commercial spaces on the ground floor, providing immediate, dependable cash flow from day one, along with three residential apartments above that add further rental income and long-term value. Ideally located on Main Street, the property benefits from strong foot traffic and visibility, making it an attractive spot for established commercial tenants and residential renters alike. Whether youre an investor looking to add a low-maintenance, income-producing asset to your portfolio, or an owner-operator interested in commercial space with built-in rental income to offset costs, this property checks the boxes: diversified income streams, downtown location, and minimal vacancy risk with all commercial units currently occupied.

115 E Main Street | MLS# 834684

This commercial property located at 115 E Main Street, Cherokee, IA 51012 is currently listed for sale with an asking price of $190,000. Search Cherokee real estate on www.unitedrealestatesolutions.com today.

Property Features

Property Type: Commercial - Investment
Lot Size: 0.07 Acres
Taxes: $2,184
Year Built: 1919

Feature Descriptions

Ceiling Height: 7-10
Days on Site: 5
Parcel: 0734209007
SQFT Building Total: 5800

Listed By / Shown By

Listed By

Agency Name: Gateway Real Estate Advisors
Agency Phone: 712-226-8000

Shown By

Agency Title: United Real Estate Solutions
Agency Phone: 712-226-6000

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