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Listed price in listed location currency (USD).
$1,200,000

000

MLS® 741156

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $513,750
Days Active 7
Lot Size 
Approx. Age 1978
MLS® Number 741156

Property Address: 905 S Washington St, Bloomfield, IA, 52537-2146

Average square foot calculated using Size range provided by listing agent.

Description

Rare value-add redevelopment opportunity with major upside potential. Situated on approximately 3.5 acres, this former motel property offers the ideal setup for an apartment conversion, workforce housing project, extended stay concept, or mixed-use redevelopment. The existing layout creates an opportunity to reposition the asset into income-producing multifamily units while leveraging the large site for future expansion, additional amenities, storage, parking, or new construction opportunities. Strong demand for affordable housing and rentals in the area makes this a compelling play for investors, developers, and operators looking for forced appreciation. In addition to the redevelopment parcel, the offering includes another parcel generating supplemental income, creating immediate cash flow while plans and improvements are underway.
MLS® Number741156
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1978
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 19, 2026List Date
$1,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
905 S Washington St, Bloomfield, IA

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