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$115,000
Est. payment /mo
7 Beds
9 Baths
7,020 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,020 sqft
Price per Sqft $16
MLS Listing ID 713311
Bedrooms 7
Full Baths 9
HOA Y/N No
Year Built 1912
Annual Tax Amount $700
Property Description
Prime Mixed-Use Investment Opportunity in Downtown Perry! The FOXY THEATER is in the National Register of Historic Places.
Located at 1300 2nd Street, this expansive mixed-use property offers incredible redevelopment potential. The main level features 7,020 sq. ft. with two commercial spaces, while city-approved plans allow for the construction of seven residential units across both levels. Once fully developed, this property could offer up to 12,000 sq. ft. of commercial and residential space.
The building has been completely gutted, except for one completed apartment unit, providing a blank slate for investors and developers. Please note: there is currently no structural flooring, and a waiver must be signed before showings. A new roof was installed in 2024, adding long-term value to this project.
This is a rare opportunity to transform a historic downtown property into a thriving mixed-use destination!
Located at 1300 2nd Street, this expansive mixed-use property offers incredible redevelopment potential. The main level features 7,020 sq. ft. with two commercial spaces, while city-approved plans allow for the construction of seven residential units across both levels. Once fully developed, this property could offer up to 12,000 sq. ft. of commercial and residential space.
The building has been completely gutted, except for one completed apartment unit, providing a blank slate for investors and developers. Please note: there is currently no structural flooring, and a waiver must be signed before showings. A new roof was installed in 2024, adding long-term value to this project.
This is a rare opportunity to transform a historic downtown property into a thriving mixed-use destination!
Location
State IA
County Dallas
Area Perry
Zoning Com
Interior
Fireplace No
Exterior
Private Pool No
Schools
School District Perry
Others
Tax ID 0210306009
Monthly Total Fees $58
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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©2025 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by EXP Realty, LLC
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