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501-503 Iowa Ave 7,296 SF Retail Building Essex, IA 51638 $530,426 CAD ($72.70 CAD/SF)
EXECUTIVE SUMMARY
Live. Work. Play—all in one place. This TURNKEY opportunity is knocking in the heart of Essex! These two side-by-side properties (zoned commercial/residential) are selling together and offer endless potential for a savvy, fun-loving buyer. On one side: a remodeled 1,296 sq ft bar with a patio made for good times. TVs, projectors, coolers, furniture, kitchen equipment, AND patio furnishings—all included. Ready to open the doors and get the drinks flowing.
On the other side: a kitchen and spacious warehouse. Upstairs—a generously sized remolded 3,000 sq ft loft-style apartment featuring 3 bedrooms, 1 bath, laundry, tall ceilings, and an open-concept layout with a kitchen made for entertaining. Perfect to live in or rent out for extra income.
Combined lot size: 0.16 acres. Whether you're looking to run a business, live upstairs, have a community hub—or all of the above—this is the spot!
On the other side: a kitchen and spacious warehouse. Upstairs—a generously sized remolded 3,000 sq ft loft-style apartment featuring 3 bedrooms, 1 bath, laundry, tall ceilings, and an open-concept layout with a kitchen made for entertaining. Perfect to live in or rent out for extra income.
Combined lot size: 0.16 acres. Whether you're looking to run a business, live upstairs, have a community hub—or all of the above—this is the spot!
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
7,296 SF
Building Class
C
Year Built/Renovated
1922/2021
Price
$530,426 CAD
Price Per SF
$72.70 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.86
Lot Size
0.09 AC
Zoning
Commercial and Res. - 501 Iowa Ave, Essex, IA is zoned commercial.
503 Iowa Ave, Essex, IA is zoned commercial/residential.
Frontage
40’ on IOWA AVE
PROPERTY TAXES
| Parcel Number | 000126309165000 | Improvements Assessment | $94,760 CAD |
| Land Assessment | $7,522 CAD | Total Assessment | $102,283 CAD |
PROPERTY TAXES
Parcel Number
000126309165000
Land Assessment
$7,522 CAD
Improvements Assessment
$94,760 CAD
Total Assessment
$102,283 CAD
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501-503 Iowa Ave
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