Contact us: 563.441.1776
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-ideal for 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 Highlights
Property Type: Commercial - Retail
Year Built: 1890
General Information
County: Clayton
Listed By:
EXIT Realty Driftless Group
Ali Werger
319-231-9037
ECIMLS
MLS ID: 154485
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100 W Center Street, Monona, IA 52159.
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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $199,000 | $199,000 | $199,000 |
| Down Payment | $39,800 | $6,965 | $49,750 |
| Monthly Mortgage Amount | $967 | $1,203 | $1,229 |
| Taxes | $277 | $277 | $277 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $88 | $0 |
| Monthly Estimated Total | $1,344 | $1,668 | $1,606 |
Disclaimer:
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 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. Information on this site was last updated 06/03/2026. The listing information on this page last changed on 06/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 06/03/2026 12:01:34 AM EST) or MRED MLS (last updated Tue 06/02/2026 11:58:04 PM EST) or SCWMLS (last updated Tue 06/02/2026 11:54:53 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 06/02/2026 10:15:18 PM EST) or Cedar Rapids MLS (last updated Tue 06/02/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Tue 06/02/2026 11:58:41 PM EST) or ICAAR MLS (last updated Tue 06/02/2026 11:37:25 PM EST) or ECIMLS (last updated Tue 06/02/2026 11:44:13 PM EST) or RMLSA (last updated Tue 06/02/2026 11:50:55 PM EST) or Muscatine MLS (last updated Wed 06/03/2026 12:00:08 AM EST) or No Coast MLS (last updated Tue 06/02/2026 11:54:21 PM EST). Real estate listings held by brokerage firms other than Ruhl & Ruhl Careers 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. All rights reserved.
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