$115,000
 $617 est/mo Sourced by Back At You

1300 2nd Streets , Perry, IA 50220

Perry, IA 50220

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Description

Prime Mixed-Use Investment Opportunity in Downtown Perry! The FOXY THEATER is in the National Register of Historic Places. Located at 1300 2nd Street, this expansive mixed-use property offers incredible redevelopment potential. The main level features 7,020 sq. ft. with two commercial spaces, while city-approved plans allow for the construction of seven residential units across both levels. Once fully developed, this property could offer up to 12,000 sq. ft. of commercial and residential space. The building has been completely gutted, except for one completed apartment unit, providing a blank slate for investors and developers. Please note: there is currently no structural flooring, and a waiver must be signed before showings. A new roof was installed in 2024, adding long-term value to this project. This is a rare opportunity to transform a historic downtown property into a thriving mixed-use destination!

Details

MLS#713311
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1912
Days On Site39
Listing Provided ByEXP Realty, LLC | Fernando Aveiga

Features

Bed(s)7
Bath(s) 9 Total
SQ Feet7,020
ZoningCom
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 2025 Des Moines Area Association of REALTORS®. All Rights Reserved.

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Learn More About This Property

StateIA
CountyDallas
CityPerry
Zip Code50220
AreaPerry
School DistrictPerry
Elementary SchoolPerry
Middle SchoolPerry
High SchoolPerry
Listing VS Median (In 50220)
Price:
$115,000
low | high
Med:
$192,450
17.347826086957% of Average
SqFt:
7,020
low | high
Med:
1,070
100% of Average
$ / SqFt:
$16
low | high
Med:
$180
100% of Average
On site:
39
low | high
Med:
16.000000
100% of Average
Sourced by Back At You
Listing Updated: April 18, 2025 at 1:39:41 PM PDT
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