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546 W 2nd St
Webster City, IA 50595

$875,000 USD

Apartments For Sale  •  19,902 SF

Property Details

  • Property Type Apartments
  • Total Building Size 19,902 SF
  • Lot Size 0.25 AC
  • Building Class B
  • Year Built 1915
50 Walk Score

Highlights

Mixed-use building combining retail space and multifamily apartments in a central downtown location.
Comprehensive renovation completed in 2026, including structural, mechanical, and security enhancements.
Income-producing asset now stabilized with annual NOI of $72,554 and utility expense efficiencies through RUBS.
Retail frontage positioned along Webster City’s primary commercial corridor, promising consumer traffic and visibility.
Numerous operational upgrades such as new HVAC systems, plumbing improvements, and additional laundry facilities.
Strong tenant appeal with updated security measures and convenience amenities integrated across the property.

Property Flyers

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 16
Type: Surface
Included in Rent: Yes
Daniel Dempsey 515-453-5403 NAI Iowa Realty Commercial
Daniel Dempsey 515-453-5403 NAI Iowa Realty Commercial