PRICE IMPROVEMENT! Don't miss this rare chance to own a versatile, income-producing property all in one package. Multi-use commercial property featuring a bar, kitchen area, warehouse space, and residential living quarters all in one location. The main level includes a bar setup with fixtures and equipment in place. Attached warehouse provides additional storage, workspace, or business expansion potential with flexible layout options.
Above the warehouse is a 3-bedroom, 1-bath apartment offering on-site living accommodations or rental income opportunity. Separate entrances allow flexibility for owner-occupancy or investment use.
Property presents strong potential for entrepreneurs or investors seeking a mixed-use opportunity with multiple revenue possibilities. Commercial & Residential
For sale
Price cut: $10K (8/15)
$375,000
501 & 503 Iowa Ave, Essex, IA 51638
3beds
1baths
7,069sqft
Single Family Residence
Built in 1922
6,969 Square Feet Lot
$-- Zestimate®
$53/sqft
$-- HOA
What's special
- 187 days
- 123
- 5
Zillow last checked:
Listing updated:
Listed by:
Leanne Haynes 712-541-0729,
Arrowhead Realty Company LLC
Source: SWIAR,MLS#: 26-318
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 279.38 Square Feet
- Dimensions: 18.32 x 15.25
Bedroom 2
- Level: Upper
- Area: 127.17 Square Feet
- Dimensions: 10.75 x 11.83
Bedroom 3
- Level: Upper
- Area: 113.85 Square Feet
- Dimensions: 10.67 x 10.67
Bathroom
- Level: Upper
- Area: 93.46 Square Feet
- Dimensions: 7.58 x 12.33
Living room
- Description: Kitchen/LR/DR Open Floor plan
- Level: Upper
- Area: 1400.02 Square Feet
- Dimensions: 29.58 x 47.33
Office
- Description: open office area
- Level: Upper
- Area: 181.7 Square Feet
- Dimensions: 18.17 x 10
Heating
- Natural Gas
Cooling
- Central Air, Other, Electric
Features
- Ceiling Fan(s)
- Basement: None
- Has fireplace: Yes
- Fireplace features: Other
Interior area
- Total structure area: 7,069
- Total interior livable area: 7,069 sqft
- Finished area above ground: 7,069
- Finished area below ground: 0
Video & virtual tour
Property
Features
- Levels: Two
- Patio & porch: Patio
- Exterior features: Other
- Fencing: Fenced
Lot
- Size: 6,969 Square Feet
- Dimensions: .16
Details
- Parcel number: 0126309165000 and 0126309230000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Flat,Other
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Features: Sidewalks
- Security: Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Essex
Financial & listing details
- Price per square foot: $53/sqft
- Date on market: 2/26/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
$1,134/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2026 | Price change | $375,000-2.6%$53/sqft |
Source: SWIAR #26-318 Report a problem | ||
| 2/17/2026 | Listed for sale | $385,000$54/sqft |
Source: SWIAR #26-271 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
