105 N 1st Street, Panora, IA 50216
105 N 1st Street, Panora, IA 50216
105 N 1st Street, Panora, IA 50216
105 N 1st Street, Panora, IA 50216
105 N 1st Street, Panora, IA 50216
105 N 1st Street, Panora, IA 50216
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Kayla McCormick

Kayla McCormick

+1(515) 717-7680
$ 350,000
Est. payment | /mo

1,742 Sqft Lot

Save
$ 350,000
Est. payment | /mo
Save

1,742 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 748439

HOA Y/N No

Year Built 1900

Annual Tax Amount $1,654

Lot Size 1,742 Sqft

Acres 0.04

Property Description

Own a piece of downtown Panora with income already built in! This 3-story brick building features four remodeled apartments upstairs, including three 1-bedroom units and one 2-bedroom unit, all currently occupied. The 1,320 sq. ft. main floor is currently used as a laundromat, but the possibilities are wide open for retail, office space, a salon, studio, service business, or something completely new. Whether you're looking to add a solid mixed-use property to your portfolio or operate your own business while collecting rental income upstairs, this unique property offers flexibility, character, and plenty of potential.

Location

State IA

County Guthrie

Area Panora

Zoning CM

Interior

Heating Baseboard, Electric, Forced Air, Gas, Natural Gas

Cooling Window Unit(s)

Fireplace No

Exterior

Roof Type Rubber

Private Pool No

Building

Lot Description Rectangular Lot

Foundation Brick/Mortar

Schools

School District Panorama Community

Others

Tax ID 0001304400

Monthly Total Fees $137

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

©2026 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by RE/MAX Revolution

Nearby Locations

McCormick Real Estate Team

“Real estate is a big decision. We're here to make sure you understand what you’re doing, feel confident doing it, and have a little fun along the way.”

+1(515) 717-7680

billkayla@mccormickteam515.com

5550 Wild Rose Ln #400, West Des Moines, IA 50266, USA

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105 N 1st Street