100 W Center Street Monona, IA $ 199,000
100 W Center Street
$ 199,000
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100 W Center Street

Monona, IA, 52159
$ 199,000
Bedrooms-- Baths-- Sq 5,536

Monthly Estimate*

$ 1,225

Listed by Exit Realty Driftless Group
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Commercial Property for sale in Monona, IA

for $199,000. This 5,536 square foot building was built in 1890.

Step into a rare piece of Iowa history with this remarkable mixed-use commercial and residential property located in the heart of downtown. This historic building is one of only three remaining opera houses in the state, offering timeless character paired with modern updates. The main floor features a beautifully maintained commercial space with endless potential— retail, office, restaurant, event venue, or creative studio. Large windows invite in natural light while showcasing the charm and visibility of a prime downtown location. Above, you’ll find two well-appointed apartments, providing excellent income potential to help offset expenses. Whether used for long-term rentals or short-term stays, these units add versatility and value. Recent updates include a new roof and new windows, giving peace of mind to the next owner. With its rich history, strong presence, and multiple income streams, this turn-key property is ready for your next business venture.

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Commercial Active

Price

$ 199,000

Property Type

Commercial

Taxes

$ 1,526

Style

Apartment building,Beauty/barber,Day care,Industri

Year Built

1890

Town/City

Monona

County/Region

Clayton

MLS | Web ID

2022078

Features
General
Lease Type Month to month
Features Alley Overhead doors Residential unit(s) Inside storage Outside storage
Roof Rubber/membrane
Zoning Comm/RES
Tenant Pays All expenses
County Clayton
Class Business/Comm
Present Use Office Retail
Net Income 11700
Location Corner Free standing
Tax Year 2024
Gross Income 0
Fuel Natural gas
Status Active
Status Detail 0
Year Built 1890
Directions US HWY 18 to Falcon Ave and go west bound on Center St
City Monona
DOM 15
Price Per Sq Ft Total AG 35.95
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Exterior
Exterior Brick Metal
Lot Size Area 0.15
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Interior
Total Number of Units 3
Heating/Cooling Central air Forced air Window AC
Stories 2
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* Excluded Features
List By
Exit Realty Driftless Group

Broker

(563) 880-8168

Phone

aliwerger@gmail.com

Email

Affordability Calculator

$1,352
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,225
Monthly Property Taxes
$127
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1568291 Elementary School
1568554 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/30/2026$199,000 Listed Price

Map


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100 W Center Street, Monona, IA, 52159 is a Commercial Property for sale at $199,000 with 5,536 sqft. 100 W Center Street was built in 1890. The property's zip code is 52159 which is in Monona, IA