209 Main ST, Malcom, IA 50157
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209 Main ST, Malcom, IA 50157
209 Main ST, Malcom, IA 50157
209 Main ST, Malcom, IA 50157
209 Main ST, Malcom, IA 50157
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Listed by Matthew Karjalahti RE/MAX Partners Realty, Grinnell
$ 150,000
Est. payment /mo
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209 Main ST Malcom, IA 50157

4,791 Sqft Lot


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID NOC6338231

Style Mixed Use

Year Built 1900

Annual Tax Amount $618

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 33.33 x 140

Property Description

Rare investment opportunity in the heart of Malcom, Iowa, featuring a versatile mixed-use building. This unique property includes a commercial storefront currently occupied by the local post office and a residential rental apartment on the second floor, providing a dual-income stream from day one. Situated on a large, low-maintenance gravel lot, the property offers expansive off-street parking or the flexibility for future site improvements. While the main floor provides a steady commercial presence, the true value lies in the flexibility of the space and the residential unit above, making it an ideal addition to any portfolio or a perfect live-work setup for a local owner. Whether you are looking for a reliable entry-level investment or a property with character and utility, this Malcom staple is a must-see. Grab this chance to own a piece of the community with built-in versatility and room to grow. Call today!

Location

State IA

County Poweshiek

Direction From the interstate, head North into Malcom on HWY 63, turn left (West) on 2nd St. Turn right (North) on Main St. Property will be on the left. (West side of the St.)

Interior

Heating Forced Air

Exterior

Parking Features Outside, Gravel

Utilities Available None

View Y/N true

Building

Sewer City Sewer/Connected

Water Public

Architectural Style Mixed Use

Structure Type Brick

Schools

School District 846 - Brooklyn-Guernsey-Malcom

Others

Energy Description Natural Gas

Acceptable Financing NOC6338231

Listing Terms NOC6338231


Alexis (Lexie) Carstens

Alexis (Lexie) Carstens

Agent

+1(563) 505-3009

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209 Main ST