118 N Franklin St, Manchester, IA 52057
Delaware County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Year Built
1900
Lot Size
0.10 acres
Lot Dimensions
37x112
Zoning
C - Commercial; R - Resid
MLS® Listing#
202507299
Property Features
Interior
Cooling
Heating
Flooring
Construction
Roof
Utilities
Water Source
Financial Details
Annual Taxes
$6,136
Tax year 2024
Parcel Number
631293400700
Directions
HWY 13 N R on N Franklin
Affordability Calculator
$67,800
Estimated monthly payment
$1,804/mo
Principal $271,200 · Est. interest $378,348 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Manchester, IA
- $366,667
- Median Listing Price
- 67
- Median Days on Market
- 1,739
- Median Sq Ft
- $166
- Median Price / Sq Ft
- 22
- Active Listings
- This home’s price is 8% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Manchester, IA.
Location
Points of Interest in Manchester, IA
Showing the Manchester area map.
Nearby Schools
St Mary's Catholic Church
School · 0.1 mi away
West Delaware High School
Secondary · 0.4 mi away
Lambert Elementary School
Elementary · 0.7 mi away
West Delaware Middle School
Secondary · 0.8 mi away
Maquoketa Valley Community School
Secondary · 7.7 mi away
Maquoketa Valley High School
Secondary · 7.7 mi away
Earlville Elementary School
Elementary · 9.3 mi away
Edgewood Colesburg CSD
Secondary · 11.4 mi away
East Buchanan High School
Secondary · 14.2 mi away
Hopkinton Elementary School
Elementary · 14.3 mi away
Coggon Elementary School
Elementary · 14.5 mi away
Dyersville Elementary School
Elementary · 16.5 mi away
St Francis Xavier School
School · 16.9 mi away
Spires of Faith Young Adults
School · 16.9 mi away
North Linn High School
Secondary · 16.9 mi away
Edgewood-Colesburg Elementary School
Elementary · 17.1 mi away
Starmont Community School District
Secondary · 17.1 mi away
Beckman Catholic High School
Secondary · 17.7 mi away
St Paul School
School · 18.3 mi away
Central City Community Schools
Elementary · 19.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 135th Street, Manchester, IA | $267,225 | — | — | — |
| 1301 Max Drive, Manchester, IA | $285,000 | — | 2 | 1,120 |
| 1303 Max Drive, Manchester, IA | $285,000 | 2 | 2 | 1,120 |
| 18889 171 st Avenue, Manchester, IA | $325,000 | 2 | 3 | 1,850 |
| 118 N Franklin Street, Manchester, IA | $339,000 | — | 4 | 5,919 |
| 118 N Franklin Street, Manchester, IA | $339,000 | — | — | 5,919 |
Moving Cost Estimate
EXIT Agents in Manchester
Listing Courtesy: Skogman Realty Co. - 3196256427
Presented by: Kristine Baldwin