115 E Main Street, Cherokee, IA

Name: 115 E Main Street, For Sale in Cherokee - Zoocasa
Brand: Gateway Real Estate Advisors
SKU: 834684
Price: 190000 USD

House

For Sale

Listed price in listed location currency (USD).

$190,000

000

MLS® 834684

Overview

Key Facts

Type

Levels Commercial Sale

Size -

Garage

Taxes $2,184

Days Active 4

Lot Size 0.07 Acres

Approx. Age 1919

MLS® Number 834684

Property Address: 115 E Main Street, Cherokee, IA, 51012

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

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 you're 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.

MLS® Number834684

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1919

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Map

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