$199,000

0 Beds 0 Baths 5,536 Sqft

100 W Center Street, Monona, IA 52159

Property Type: Commercial
Building Type: Free Standing
Time on Market: 32 days
Price per Sqft: $36
Total Taxes: $1,526
Est. Age: 21+ Years

Description

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.

Property Details

Interior

Appliances:
  • Window A/C
Heating/Cooling:
  • Forced Air, Central Air
Heat Fuel:
  • Natural Gas
Sqft:
  • Total Sqft: 5,536
  • Lot Sqft Source: Assessor/Public Record
  • Estimated Sqft Range: 5001 or more

Exterior

Parking:
  • Details: 1-5 spaces
Roofing:
  • Rubber/Membrane
Water:
Water/Waste:
  • Municipal Water

Misc.

Business For Sale:
  • N
Commercial:
  • Features: Overhead Doors, Residential unit(s), Inside Storage, Outside Storage
New Construction:
  • N
Postal:
  • Code: 52159
Real Estate Included:
  • Y
Street:
  • Direction Prefix: W
  • Name: Center Street
  • Suffix: STREET
Tax Year:
  • 2024
Zoning:
  • Comm/RES

Map

Listing Agent-Provided Directions:
  • US HWY 18 to Falcon Ave and go west bound on Center St

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Schools and Neighborhood

Postal City:
  • Monona
Municipality:
  • Name: MONONA
  • Type: Town
County:
  • CLAYTON

Market Comparison

How this property compares to local market averages — calculated 6/2/2026

This Property
Monona Commercial Property Avg
Clayton County Commercial Property Avg
List Price
$199,000
$289,000
$289,000
Median Price
$289,000
$289,000
Price / Sq Ft
$36
$32
$32
Days on Market
32 days
34 days
34 days
Total Listings
2
2

Listing Information

  • Time on Market: 32 days
  • Place Perfect Last Updated: 2026-05-20 13:01:52
  • MLS Number: 2022078
  • Subsystem Locale: WIREX_SCW
  • Listing Office: Exit Realty Driftless Group
  • Listing Agent: Ali Werger
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