Rare investment opportunity in the heart of Malcom, Iowa, featuring a versatile mixed-use building. This unique property includes a commercial storefront currently occupied by the local post office and a residential rental apartment on the second floor, providing a dual-income stream from day one. Situated on a large, low-maintenance gravel lot, the property offers expansive off-street parking or the flexibility for future site improvements. While the main floor provides a steady commercial presence, the true value lies in the flexibility of the space and the residential unit above, making it an ideal addition to any portfolio or a perfect live-work setup for a local owner. Whether you are looking for a reliable entry-level investment or a property with character and utility, this Malcom staple is a must-see. Grab this chance to own a piece of the community with built-in versatility and room to grow. Call today!
Albert Wright Page, License B62241000, Xome Inc., License FO5635000, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
Listings courtesy of NoCoast MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Malcom is located in Iowa. Malcom, Iowa has a population of 229. Malcom is less family-centric than the surrounding county with 21.43% of the households containing married families with children. The county average for households married with children is 28.44%.
The median household income in Malcom, Iowa is $65,375. The median household income for the surrounding county is $56,080 compared to the national median of $69,021. The median age of people living in Malcom is 34.5 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 9.5 degrees. The average rainfall is approximately 36.7 inches per year, with 28.6 inches of snow per year.
