Price Reduced Listing
$849,900
( $129.68Per Sq Foot )
 $4,562 est/mo Sourced by Back At You

222 Water Street,Cambridge, IA 50046

Cambridge, IA 50046

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Description

Great opportunity to own a versatile commercial property offering multiple income streams with two retail spaces and four residential units all in one location. The property includes a studio apartment that is handicap accessible for added convenience and flexibility along with three brand new two bedroom apartments each featuring a full bath, stainless steel appliances, and in unit washer and dryers. With a strong mix of commercial and residential spaces this property is ideal for investors or owner occupants looking to maximize rental potential with modern amenities that appeal to today’s tenants.

Details

MLS #736887
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1890
Days On Site149
Listing Provided ByLPT Realty, LLC | Jen Grimm

Features

SQ Feet6,554
ZoningC
Acreage0.14

Taxes

Tax Annual Amount0

Area Information

StateIA
CountyStory
CityCambridge
Zip Code50046
AreaCambridge
Listing VS Median (in 50046)
Price:
$849,900
low | high
Med:
$369,900
100% of Average
sqft:
6,554
low | high
Med:
1,620
100% of Average
$ / sqft:
$130
low | high
Med:
$228
26.079146566263% of Average
On site:
149
low | high
Med:
112
100% of Average
Sourced by Back At You

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Learn More About This Property

StateIA
CountyStory
CityCambridge
Zip Code50046
AreaCambridge
Listing VS Median (in 50046)
Price:
$849,900
low | high
Med:
$369,900
100% of Average
sqft:
6,554
low | high
Med:
1,620
100% of Average
$ / sqft:
$130
low | high
Med:
$228
26.079146566263% of Average
On site:
149
low | high
Med:
112
100% of Average
Sourced by Back At You
Listing Updated: August 11, 2026 at 10:33:22 AM PDT