Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
3 Beds
1 Bath
7,069 sqft

$375,000

501 & 503 IOWA Avenue, ESSEX IA, 51638

Price per sqft$53.05
Built in1922
Property size7,069 sqft
Property typeResidential

Overview

Active

Listed Feb 26, 2026

Updated Aug 16

PRICE IMPROVEMENT! Don't miss this rare chance to own a versatile, income-producing property all in one package. Multi-use commercial property featuring a bar, kitchen area, warehouse space, and residential living quarters all in one location. The main level includes a bar setup with fixtures and equipment in place. Attached warehouse provides additional storage, workspace, or business expansion potential with flexible layout options. Above the warehouse is a 3-bedroom, 1-bath apartment offering on-site living accommodations or rental income opportunity. Separate entrances allow flexibility for owner-occupancy or investment use. Property presents strong potential for entrepreneurs or investors seeking a mixed-use opportunity with multiple revenue possibilities. Commercial & Residential

$2,495/mo

Est. mortgage payment based on a $375,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26-318

Interior Features

Bedrooms
3
Bathrooms
1
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Waterfront
Yes
MLS provider logo

Courtesy of Leanne Haynes with Arrowhead Realty Company LLC
Listing Contact: 712-541-0729 

Based on information from the Southwest Iowa Association of REALTORS® as of 8/16/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2026 Southwest Iowa Association of REALTORS® all rights reserved.

Data last updated 3:38 AM UTC, 8/16/2026

 

Powered by Luxury Presence