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  • $100,000

    401 W Main St, New Providence, IA 50206

    --beds
    0baths
    6,800sqft
    : 
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    Multi Family
    Built in 1916
    -- sqft lot
    $-- Zestimate®
    $15/sqft
    $-- HOA

    What's special

    Spacious commercial layoutStrong visibility
    Own a piece of Iowa history with this rare opportunity to purchase the iconic New Providence Hardware Store, one of the oldest continuously operating hardware stores in the state. This unique turnkey commercial property includes the fully stocked hardware business, allowing new owners to step in and start generating income from day one. Shelving, inventory, and fixtures are in place—just open the doors and go to work. Set in a prominent cornerstone building originally constructed in 1863, this property combines historic character with practical functionality. The spacious commercial layout is well-suited for hardware and general retail, with strong visibility and a long-standing presence in the community. An added bonus is the connecting business front, which is already rented, providing an immediate secondary income stream and helping to offset ownership costs. Whether you’re an investor looking for stable cash flow or an owner-operator eager to carry on a proud Iowa tradition, this is a truly special property that doesn’t come along often. Step into history, take over an established business, and make this landmark hardware store your own.
    103 days
    |
    149
    |
    18
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Gabrielle Mitchell 319-243-5443,

    Oakridge Real Estate

    Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6336674MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Heating
      • Forced Air
      Features
      • Basement: Partial
      • Has fireplace: No
      Interior area
      • Total interior livable area: 6,800 sqft

      Property

      Accessibility
      • Accessibility features: None
      Features
      • Stories: 1
      Lot
      • Size: 8,712 Square Feet
      • Dimensions: 134 x 55
      Details
      • Parcel number: 862003356013

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Multi Family
      Materials
      • Brick
      Condition
      • Year built: 1916

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      • HOA name: HRTI
      Location
      • Region: New Providence

      Financial & listing details

      • Price per square foot: $15/sqft
      • Tax assessed value: $63,600
      • Annual tax amount: $926
      • Date on market: 3/26/2026
      • Cumulative days on market: 103 days
      Gabby Mitchell

      (319) 243-5443

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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $773/mo

        Price history

        DateEventPrice
        3/26/2026Listed for sale$100,000$15/sqft
        Source: NoCoast MLS as distributed by MLS GRID #6336674 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$926 +22.5%$63,600 +14.2%
        2024$756 +17%$55,700 +18.9%
        2023$646 -45.4%$46,860 -27%
        2022$1,184 +35.8%$64,210
        2021$872 -36.6%$64,210 +45.7%
        2020$1,376 +4.2%$44,070
        2019$1,320 +49.4%$44,070
        2018$884 +3.5%$44,070
        2017$854 -2.7%$44,070
        2016$878 +20.9%$44,070 +24%
        2015$726 -1.1%$35,540
        2014$734 -44.6%$35,540
        2013$1,324 -0.5%--
        2012$1,330 --

        Find assessor info on the county website

        Monthly payment

        Est. payment

        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: 50206

        Getting around

        7 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating