Here is your chance to own a working business that already has guests checking in and cash coming through the door. This established motel sits on roughly 1.28 acres M/L and offers fifteen total units, giving you plenty of room to run a solid operation from day one. Nine of those units have been freshly updated, and it shows. Think tile floors, tile showers, fresh paint and curtains, new furniture, new plumbing fixtures, televisions, microwaves, and mini fridges, all the little touches that keep travelers comfortable and happy. The remaining units leave room for you to put your own stamp on things, whether you tackle them one at a time or all at once. A dedicated office area keeps the front desk side of things organized, so you can greet guests, handle bookings, and manage the day-to-day without any headaches. There are also two garages on the property, and although they need some work just consider them a project with potential, whether you want extra storage, a maintenance space, or something entirely new. The real beauty here is that you are not starting from scratch. The business is up and running, the location is set, and the bones are all in place. Add a little vision and some elbow grease, and this could be a rewarding venture for the right owner. Opportunities like this do not roll around every day. Come take a look, picture the possibilities, and schedule your private showing today before someone else beats you to it. Give us a call today!
Active
$109,900
108 Pearl St, Bedford, IA 50833
9beds
5,128sqft
Single Family Residence
Built in 1951
1.28 Acres Lot
$-- Zestimate®
$21/sqft
$-- HOA
What's special
Dedicated office areaNew plumbing fixturesFresh paint and curtainsTile floorsTile showersNew furniture
- 65 days
- 235
- 17
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Douglas Thompson 712-621-6464,
Red Brick Realty,
Morgan Walters,
Red Brick Realty
Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6340099
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 9
- Full bathrooms: 9
Heating
- Ductless
Cooling
- Window Unit(s)
Appliances
- Included: Microwave, Refrigerator, Electric Water Heater
Features
- Flooring: Tile
- Has basement: No
- Common walls with other units/homes: 1
Interior area
- Total interior livable area: 5,128 sqft
Property
Parking
- Total spaces: 2
- Parking features: Concrete
- Garage spaces: 2
Accessibility
- Accessibility features: None
Lot
- Size: 1.28 Acres
- Dimensions: 1.28 Acres M/L
- Features: Corner Lot, Wooded
Details
- Additional structures: Additional Garage, Garage(s)
- Parcel number: 0404000000000
- Zoning: Business/Commercial,Resi
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Shingle
Condition
- Year built: 1951
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Bedford
Financial & listing details
- Price per square foot: $21/sqft
- Tax assessed value: $218,900
- Annual tax amount: $4,578
- Date on market: 7/8/2026
- Cumulative days on market: 27 days
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2026 | Listed for sale | $109,900$21/sqft |
Source: | ||
| 7/28/2026 | Pending sale | $109,900$21/sqft |
Source: | ||
| 7/8/2026 | Listed for sale | $109,900+7251.2%$21/sqft |
Source: | ||
| 1/18/2024 | Sold | $1,495-98.8% |
Source: Public Record Report a problem | ||
| 7/26/2018 | Sold | $120,000+1614.3%$23/sqft |
Source: Public Record Report a problem | ||
| 9/30/2011 | Sold | $7,000-95.2%$1/sqft |
Source: Public Record Report a problem | ||
| 10/24/2005 | Sold | $145,000$28/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,578 +0.2% | $218,900 +4.2% |
| 2024 | $4,568 +85.7% | $210,130 |
| 2023 | $2,460 +12.6% | $210,130 +55.2% |
| 2022 | $2,184 -8.2% | $135,380 |
| 2021 | $2,380 +10.4% | $135,380 |
| 2020 | $2,156 -13.7% | $135,380 |
| 2019 | $2,498 +12.9% | $135,380 -8.8% |
| 2018 | $2,212 -3.6% | $148,480 +60.1% |
| 2017 | $2,295 +13.1% | $92,748 |
| 2016 | $2,030 +0.6% | -- |
| 2015 | $2,018 -44.7% | $56,064 -41.2% |
| 2014 | $3,648 +136.3% | $95,270 |
| 2013 | $1,544 -2.8% | -- |
| 2012 | $1,588 +10.3% | -- |
| 2011 | $1,440 +7.6% | -- |
| 2010 | $1,338 -43.9% | -- |
| 2009 | $2,386 -57.6% | -- |
| 2008 | $5,626 +0.4% | -- |
| 2007 | $5,604 +38.1% | -- |
| 2005 | $4,058 | -- |
Find assessor info on the county website
Monthly payment
Est. payment