312 W Wood St 1,680 SF 100% Leased Retail Building Urbana, IA 52345 $130,000 ($77.38/SF)

This mixed-use property in Urbana presents an opportunity for investors seeking a combination of commercial and residential income potential. The property includes a fully operational salon space and an attached one-bedroom apartment, creating flexibility for owner-users, investors, or entrepreneurs looking to establish or expand a business presence while benefiting from an additional income stream.
The salon area is currently configured for continued operation, with salon equipment available for negotiation. This setup may support a streamlined transition for a new owner or provide an opportunity to reconfigure the space for an alternative commercial use, subject to local regulations and approvals. The attached residential component adds diversification to the property's income profile and can support long-term occupancy or supplemental rental revenue.
The rear residential unit consists of a one-bedroom, one-bath apartment that is currently leased for $450 per month. The existing tenant has expressed a desire to remain in place, providing continuity for a future owner. The combination of commercial functionality, residential income, and operational flexibility positions the property as a mixed-use investment opportunity within the Urbana market.
Call Adam Green at Pinnacle Realty | Pinnacle Commercial with questions or showing instructions.? (319) 721-3103.?
Licensed Realtor in the State of Iowa.