$879,900
( )
 $4,723 est/mo Sourced by Back At You

1217 & 1221 2nd Street,Perry, IA 50220

Perry, IA 50220

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Description

Located in the heart of downtown Perry, this historic building fondly remembered as the locally owned Ben Franklin for many years offers a rare mixed-use opportunity with strong character and long-term investment appeal. The upper level features five thoughtfully renovated apartments with a variety of layouts, ranging from a 900 sq ft one-bedroom unit to a 3,000 sq ft four-bedroom, three-bath residence, along with three two-bedroom options around 1,800 sq ft.. The owners' suite features high-end kitchens with premium appliances and a one-of-a-kind butcher block, plus vaulted living spaces, exposed brick, oak woodwork, maple floors, custom blinds. All residential units have private HVAC, water, and electric systems. The main floor offers over 10,000 sq ft of commercial space (currently occupied) featuring two bathrooms, a loft office, and ample storage in a clean, dry basement. Extensive building improvements include updated plumbing and electrical, newer efficient windows, major roof replacements and structural enhancements in 2023, recent tuck-pointing, a west-side deck, LED lighting upgrades, and nine dedicated tenant parking spaces, making this a truly turnkey downtown asset.

Details

MLS #733822
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Days On Site202
Listing Provided ByCentury 21 Signature | Amy Lucht

Features

ZoningCOM
Acreage0.32

Taxes

Tax Annual Amount7807.58

Area Information

StateIA
CountyDallas
CityPerry
Zip Code50220
AreaPerry
Listing VS Median (in 50220)
Price:
$879,900
low | high
Med:
$224,900
100% of Average
On site:
202
low | high
Med:
69
100% of Average
Sourced by Back At You

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The information is being provided by Des Moines Area Association of REALTORS®. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Des Moines Area Association of REALTORS®. All Rights Reserved.

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Learn More About This Property

Nerem and Associates Real Estate

Nerem and Associates Real Estate

 (515) 432-5650infonerem@neremreins.com
StateIA
CountyDallas
CityPerry
Zip Code50220
AreaPerry
Listing VS Median (in 50220)
Price:
$879,900
low | high
Med:
$224,900
100% of Average
On site:
202
low | high
Med:
69
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $659K - $1.99M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1318 2nd Street Property Photo 1
$59,000
1318 2nd Street
Perry, IA 50220
Listing Updated: July 9, 2026 at 12:20:32 PM PDT
The information is being provided by Des Moines Area Association of REALTORS®. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Des Moines Area Association of REALTORS®. All Rights Reserved.
The information is being provided by Central Iowa MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Central Iowa MLS. All Rights Reserved.
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