Commercial & Residential Opportunity -- Multiple Income Possibilities!
Situated on approximately 1 acre m/l, this versatile property offers an excellent opportunity for investors, business owners, or anyone seeking a combination of commercial, storage, and residential space. Conveniently located along the highway between Panora and Lake Panorama, the property provides outstanding visibility and easy access. The centerpiece of the property is a 4,800 SF heated shop/warehouse featuring concrete floors, a vehicle lift, carport, electric service, and LPA water. Whether you're looking for an investment property, warehouse space, boat storage, contractor headquarters, or a location for a small business, this building offers tremendous flexibility.
Property Highlights
1 Acre m/l (Subject to Survey)
Highway frontage between Panora & Lake Panorama
4,800 SF heated shop/warehouse
Concrete floor, vehicle lift & carport, water (LPA) & electric
Main-level apartment (1,680 SF) - Recently Remodeled
Upper-level apartment (1,440 SF) - Recently Remodeled
Detached 1,680 SF storage building
Multiple potential uses: investment, warehouse, storage, business, or mixed-use
Additional building & land available
With multiple buildings, residential accommodations and commercial functionality, this property presents a unique opportunity in a highly desirable location near Lake Panorama and Panora. Schedule a showing today!
For sale
$625,000
2025 Highway 4, Panora, IA 50216
1beds
3,120sqft
Multi Family, Apartment
Built in 2002
-- sqft lot
$608,400 Zestimate®
$200/sqft
$-- HOA
What's special
Vehicle lift
- 18 days |
- 397 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Ben Hayes Hayes 641-757-2858,
BH Real Estate, LLC
Source: DMMLS,MLS#: 743313
Originating MLS: Des Moines Area Association of REALTORS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Heating
- Propane, See Remarks
Cooling
- See Remarks
Appliances
- Included: See Remarks
Interior area
- Total structure area: 3,120
- Total interior livable area: 3,120 sqft
Property
Details
- Parcel number: 0000233405
- Zoning: Comm.
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
- Attached to another structure: Yes
Materials
- Metal Siding
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Septic Tank
Community & HOA
HOA
- Has HOA: No
- Services included: See Remarks
Location
- Region: Panora
Financial & listing details
- Price per square foot: $200/sqft
- Date on market: 6/17/2026
- Cumulative days on market: 19 days
- Listing terms: Cash,Conventional
Estimated market value
$608,400
$578,000 - $639,000
$1,224/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Listed for sale | $625,000$200/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 50216
Nearby schools
GreatSchools rating
- 3/10Panorama Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 4/10Panorama Middle SchoolGrades: 6-8Distance: 1.6 mi
- 8/10Panorama High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- District: Panorama Community
Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Iowa
- Guthrie County
- Panora
- 50216
- 2025 Highway 4






