Take advantage of this versatile downtown property offering the perfect combination of commercial space and income-producing residential units! The main level features flexible commercial space ready for your business, retail, office, or investment vision. Upstairs, you’ll find two beautifully and completely restored apartments, providing excellent rental income potential with the hard work already done. A garage adds valuable storage, parking, or additional functionality—a rare bonus for a downtown property. Whether you’re looking to operate your own business while generating rental income above or add a mixed-use property to your investment portfolio, this property offers multiple revenue possibilities in a convenient downtown location. Invest, operate, and generate income all under one roof!
Endless possibilities await with this expansive commercial property offering approximately 13,437 sq. ft. of space on 1.99 acres! Formerlyoperated as a grocery store and gas station, this versatile building is well-suited for a wide range of uses including retail, light industrial,warehouse, or mixed-use development. The property features ample parking, excellent accessibility, and a layout that can be easilyadapted to fit your business needs. Large open areas provide flexibility for retail or production space, while additional sections allow forstorage, offices, or workspace customization. A unique bonus is the second-story living quarters? for an owner-operator, rentalincome opportunity, or on-site management. Whether you?re looking to launch a new venture, expand your operations, or invest in amulti-use property, this high-visibility location offers the space and potential to bring your vision to life.
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Monona is located in Iowa. Monona, Iowa has a population of 1,548. Monona is more family-centric than the surrounding county with 34.27% of the households containing married families with children. The county average for households married with children is 27.23%.
The median household income in Monona, Iowa is $54,773. The median household income for the surrounding county is $58,148 compared to the national median of $69,021. The median age of people living in Monona is 42.8 years.
The average high temperature in July is 82 degrees, with an average low temperature in January of 8.2 degrees. The average rainfall is approximately 36.4 inches per year, with 37.9 inches of snow per year.