121 4Th AveCoon Rapids, IA 50058

This unique 2,001 sq ft mixed-use property in Coon Rapids, IA, presents a rare investment opportunity. Built in 1966 and extensively renovated between 2021 and 2024, this single-story building sits on an 8,520 sq ft lot and offers 10 private parking spaces. Currently configured as a residence, it boasts three bedrooms (potential for a fourth), each with a private sink and built-in drawers, a large laundry room, two living areas with built-in bookcases, an office with extensive cabinetry, one full bath and two updated half baths, and a fully equipped kitchen. The property features a $15,000 commercial fire alarm system, central air/heat, an updated electrical panel, and on-demand heated water. The fully fenced yard includes a new storage/garden shed with a covered seating area. Its convenient location is steps from downtown amenities and within walking distance of schools, an aquatic center, and the Whiterock Conservancy hiking trails. Zoned for residential or commercial use, this property offers exceptional versatility and is only 50 minutes from the Des Moines Metro Area. The asking price is $169,500 ($84.71/sq ft). This fully handicap-accessible property is ready for its next chapter, whether as a comfortable home or a thriving business.