Price Reduction - Waterfront
Address
501 & 503 Iowa Avenue, Essex, IA
Price
$ 375,000
Property Attributes
- ID#26318
- TypeSingle Family
- Listing Status Active
- CountyPAGE
- CityEssex
- Area14C
- Zip51638
- StyleSingle Family Residence
- Year Built1922
- Taxes$ 2626
- Price$ 375,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage7069
Data Source:
Southwest Iowa MLS (SWIMLS)
Property Description
PRICE IMPROVEMENT! 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. Commercial & Residential
| Price History | |
|---|---|
| 2/26/2026 | Listed $385,000 |
| 8/15/2026 | 2$375,000 |
General Features
| Living Area | 0.0 |
|---|---|
| Sewer | Public Sewer |
| Heating | Natural Gas,Forced Air |
| Cooling | Electric,Central Air,Other |
| Utilities | Electricity Available,Natural Gas Available |
| Roof | Flat,Other |
| HOA Fee | 0.0 |
| Patio/Porch Features | Patio |
| Security Features | Smoke Detector(s) |
| Construction Materials | Brick |
| Year Built | 1922 |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Parcel Number | 0126309165000 and 0126309230000 |
| Waterfront Features | Handicap Accessible |
| Community Features | Sidewalks |
| County | PAGE |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | Not Applicable |
| Garage Y/N | No |
| Other Structures | None |
| Total Rooms | 6 |
| Status | Active |
| Directions | From Arrowhead Realty Company: East 194 ft Straight 69 ft Left - S Fremont St (0.7 mi) Right - Ferguson Rd (1.0 mi) Left - IA-48 N (5.3 mi) Right - Iowa Ave 501 & 503 Iowa Ave Essex Iowa Prope |
| High School | Other |
| City | ESSEX |
| MLS Area | 14C |
| Carport Y/N | No |
| Elementary School | Other |
| Land Lease Y/N | No |
| Home Warranty Y/N | No |
| Middle/Junior High School | Other |
| Lease Renewal Y/N | No |
| MLS Area Minor | 14C |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://tour.giraffe360.com/d863ae9a9fc84e6ca090ff209e3fbbbc |
| Standard Status | Active |
| MobileHomeRemainsYN | No |
| Legal Description | ORIG E 10' LOT 465 & ALL LOT 466 & ORIG LOT 467 |
| Senior Community | None |
| Water Body Access Y/N | None |
| Accessibility Features Y/N | None |
Interior Features
| Interior Amenities | Ceiling Fan(s) |
|---|---|
| Basement | None |
| Fireplace Features | Other |
| Total Stories | 2 |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Above Grade Finished Area | 7069.0 |
| Laundry Features | Upper Level,Main Level |
| Total Bedrooms | 3 |
| Below Grade Finished Area | 0.0 |
| Total Baths | 1 |
Exterior Features
| Exterior Amenities | Other |
|---|---|
| Fencing | Fenced |
| Spa | No |
| Building Area Total | 7069.0 |
| Lot Dimensions | .16 |
| Road Surface Type | Concrete |
| Waterfront Y/N | Yes |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 51638
Price
Taxes
Year Built
This data is from various Participants of the Great Plains REALTORS® Multiple Listing Service Inc Internet Data Exchange; 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; the listing broker is listed on each listing; the information is deemed reliable but not guaranteed, and is copyrighted ©2026 Great Plains REALTORS® Multiple Listing Service, Inc. Information is
Southwest Iowa MLS® (SWIMLS). All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Ambassador Real Estate - Omaha may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Last Updated: September 13, 2026 3:59 PM UTC
