501 & 503 IOWA Avenue, ESSEX, IA 51638 (MLS # 26-318)
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Don't miss this rare chance to own a versatile, income-producing property all in one package. Multi-use commercial property featuring a bar, kitchen area, warehouse space, and residential living quarters all in one location. The main level includes a bar setup with fixtures and equipment in place. Attached warehouse provides additional storage, workspace, or business expansion potential with flexible layout options. Above the warehouse is a 3-bedroom, 1-bath apartment offering on-site living accommodations or rental income opportunity. Separate entrances allow flexibility for owner-occupancy or investment use. Property presents strong potential for entrepreneurs or investors seeking a mixed-use opportunity with multiple revenue possibilities. Zoned Commercial & Residential
| DAYS ON MARKET | 15 | LAST UPDATED | 2/26/2026 |
|---|---|---|---|
| TRACT | Not Applicable | YEAR BUILT | 1922 |
| COMMUNITY | 14C | COUNTY | PAGE |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Other |
|---|---|
| Jr. High School | Other |
| High School | Other |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Other |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 14C |
| BASEMENT | None |
| CONSTRUCTION | Brick |
| FIREPLACE | Yes |
| HEAT | Forced Air |
| INTERIOR | Ceiling Fan(s) |
| LOT DESCRIPTION | Waterfront |
| LOT DIMENSIONS | .16 |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | 2 Levels |
| SUBDIVISION | Not Applicable |
| UTILITIES | Natural Gas Available, Electricity Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Arrowhead Realty
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This IDX solution is (c) Diverse Solutions 2026.