0 Beds
0 Baths
$879,900
1217 & 1221 2nd Street, Perry IA, 50220
Price per sqftN/A
Property typeCommercial
Overview
Pending
Listed May 26, 2026
Updated Jun 12
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.
Additional information
- MLS® ID
- 733822
Interior Features
- Bedrooms
- 0
- Bathrooms
- 0
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.32 Acres
Other Property Details
- Taxes
- $7,808
- Tax Frequency
- Annually
Courtesy of Century 21 Signature, Amy Lucht,
Listing Contact: (515) 402-7796
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Adam Bugbee shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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