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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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