542 2Nd Street Traer, IA ^$ 120,000

542 2Nd Street

^$ 120,000

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Recently Listed

542 2Nd Street

Traer, IA, 50675

^$ 120,000

Bedrooms-- Baths-- Sq 1,540

Monthly Estimate*

^$ 739

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Commercial Property for sale in Traer, IA

for $120,000. This 1,540 square foot building was built in 1900 on a lot size of 0.07.

Fantastic opportunity in downtown Traer. This commercial building offers a versatile main-floor space—ideal for offices, retail, service businesses, or creative ventures—plus a great outdoor seating area for added appeal. The upper level includes a 2-bedroom apartment with a private entrance, laundry, and garage, giving you instant rental income or a convenient place to live. A flexible, income-producing property in a prime location.

Commercial Active

Price

^$ 120,000

Property Type

Commercial

Taxes

^$ 1,834

Style

Office

Lot Size

0.07

Year Built

1900

Town/City

Traer

County/Region

Tama

MLS | Web ID

6338492

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Utilities Heating Separate

Garage Spaces 2

Architectural Style Office

Construction Materials Brick

Year Built 1900

Tax Year 2018

Current Use Vacant

Accessibility None

County Tama

Property Type Commercial Sale

Contingency None

Subdivision Name ORIGINAL TOWN

Possible Use Income Office Professional/Office Retail

Status Active

Directions From Hwy 63 turn West on 2nd

Open Parking Spaces 2

Number Of Units Total 1

Lot Size Units Acres

Lot Size Square Feet 3049.2

Tax Annual Amount 1834

Living Area Units Square Feet

Standard Status Active

Legal Description LOT 30 & W 6.5' LOT 31 BLK 14 ORIGINAL E 13.5' LOT 31 & W 10' LOT 32 BLK 14 ORIGINAL

Exterior

Parking Features Detached Garage

Water Source Public

Building Area Total 1540

Lot Dimensions 27x120

Lot Size Acres 0.07

* Excluded Features

List By

Mandy Lekin

Listing Agent

Appraisal & Real Estate Service

Broker

mjlekin@windstream.net

Affordability Calculator

$892

Per Month

Monthly Principal & Interest: $739
Monthly Property Taxes: $153
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Commerical listings in Traer, IA

Average List Price ^$0

Percent of Sale Price 100%

About Traer, IA

1,634 Population

2% Since 2002

^$54,552 Median Income

42.83 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2872932 Elementary School

2872966 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/20/2026	$120,000		Listed Price

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542 2Nd Street, Traer, IA, 50675 is a Commercial Property for sale at $120,000 with 1,540 sqft and a lot size of 0.07. 542 2Nd Street was built in 1900. The property's zip code is 50675 which is in Traer, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the Iowa Association of REALTORS service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is deemed reliable but is not guaranteed accurate by the the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Data is updated as of 5/20/2026.

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542 2Nd Street

Commercial Property for sale in Traer, IA

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