Property Description

Located in the heart of vibrant Downtown Ames, this property offers a prime location just steps from the Farmer's Market, local events, and a wide range of amenities including retail, banking, restaurants, the Post Office, Public Library, and City Hall. This is an excellent opportunity for an owner-occupant or investor seeking a well-positioned mixed-use property.The main level features a traditional open retail layout, complemented by an office/breakroom/storage area and additional storage in the full basement. The current retail tenant is in place with a lease through December 2026, providing an opportunity for the next property owner to negotiate a new lease with the existing tenant or to insert a new tenant of choice.The upper level was most recently owner-occupied, and includes a spacious 1,796 square foot residential unit featuring one bedroom, two bathrooms, in-unit laundry, a full kitchen, living room, and two additional dens or office spaces. This flexible layout offers strong potential for owner-occupancy or continued rental income in a highly desirable downtown setting.

Property Features