108 Pearl Street
Bedford, IA, 50833 $ 109,900
Bedrooms9 Baths9.0 Sq 5,128 Monthly Estimate*
$ 694
for $109,900 with 9 bedrooms and 9 full baths. This 5,128 square foot home was built in 1951 on a lot size of 1.28.
Here is your chance to own a working business that already has guests checking in and cash coming through the door. This established motel sits on roughly 1.28 acres M/L and offers fifteen total units, giving you plenty of room to run a solid operation from day one. Nine of those units have been freshly updated, and it shows. Think tile floors, tile showers, fresh paint and curtains, new furniture, new plumbing fixtures, televisions, microwaves, and mini fridges, all the little touches that keep travelers comfortable and happy. The remaining units leave room for you to put your own stamp on things, whether you tackle them one at a time or all at once. A dedicated office area keeps the front desk side of things organized, so you can greet guests, handle bookings, and manage the day-to-day without any headaches. There are also two garages on the property, and although they need some work just consider them a project with potential, whether you want extra storage, a maintenance space, or something entirely new. The real beauty here is that you are not starting from scratch. The business is up and running, the location is set, and the bones are all in place. Add a little vision and some elbow grease, and this could be a rewarding venture for the right owner. Opportunities like this do not roll around every day. Come take a look, picture the possibilities, and schedule your private showing today before someone else beats you to it. Give us a call today!
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FeaturesGeneralSewer City Sewer/Connected
Heating Ductless
Cooling Window Unit(s)
Roof Shingle
Appliances Microwave Refrigerator Electric Water Heater
Zoning Business/Commercial Resi
Garage Spaces 2
Architectural Style Ranch
Construction Materials Brick
Year Built 1951
Electric Circuit Breakers
Property Subtype Single Family Residence
Tax Year 2026
Accessibility None
County Taylor
Property Type Residential
Contingency None
Other Structures Additional Garage Garage(s)
Full Baths 9
Status Active
Directions From State Hwy.2 turn south on Lake Road and proceed one quarter of a mile the property is situated on the south side of Pearl Street and Lake Road.
Lot Size Units Acres
Lot Size Square Feet 55757
Land Lease Y/N N
Tax Annual Amount 4578
Home Warranty Y/N N
Living Area Units Square Feet
Standard Status Active
Legal Description PART OF COLES ADD W OF RRRW S OF HWY 2 CORP BED BEDFORD
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InteriorBasement None
Flooring Tile
Total Fireplaces 0
Common Walls 1
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 9
Total Baths 9
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ExteriorParking Features Detached Garage Concrete
Lot Features Corner Lot Tree Coverage - Medium
Water Source Public
Lot Dimensions 1.28 Acres M/L
Lot Size Acres 1.28
Road Frontage Type City Street Paved Streets Storm Sewer Street Lights
Road Responsibility Public Maintained Road
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* Excluded FeaturesList ByDouglas ThompsonListing Agent
thompsonfive@frontier.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $694
- Monthly Property Taxes
- $382
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbySingle family listings in Bedford, IA
Average List Price $184,149
Percent of Sale Price 68%
About Bedford, IA 1,334 Population
-15% Since 2002
$ 41,573 Median Income
41.79 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/8/2026 | $109,900 | | Listed Price |