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118 N Franklin Street, Manchester, IA 52057.
Exceptional Commercial Building with Loft Apartment This versatile commercial building offers nearly 2,000 sq. ft. of prime retail or office space?perfect for a growing business, boutique, or professional services. The main level provides an open, flexible layout with excellent visibility and room to customize to your needs. Above, you'll find a spacious 2-bedroom, 2-bath loft apartment, ideal for an owner-occupant or additional rental income. The loft features an inviting open-concept design, outdoor patio space for relaxing or entertaining, and convenient access to a 2-car heated garage. An elevator services both levels, providing outstanding accessibility and convenience throughout. Whether you're an entrepreneur seeking a live/work setup or an investor looking for a strong mixed-use opportunity, this property offers exceptional potential and modern amenities throughout.
MLS ID: 2509794
Shown By
Agent Name: Adam Edstrom
Agent Phone: (563) 210-6814
Agency Title: Ruhl&Ruhl Realtors
Agent Email:
Shown By
Agent Name: Adam Edstrom
Agent Phone: (563) 210-6814
Agency Title: Ruhl&Ruhl Realtors
Agent Email:
Contact an agent to learn more about
118 N Franklin Street, Manchester, IA 52057.

Call or Click to get Pre-Approved!
563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $350,000 | $350,000 | $350,000 |
| Down Payment | $70,000 | $12,250 | $87,500 |
| Monthly Mortgage Amount | $1,634 | $2,006 | $2,127 |
| Taxes | $487 | $487 | $487 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $154 | $0 |
| Monthly Estimated Total | $2,223 | $2,749 | $2,716 |
Founded in the 1850s, Manchester is a mid-size city situated in the “triangle” of Delaware County and less than an hour from Cedar Rapids, Dubuque, and Waterloo. This historic yet modern city allows residents to live a well-balanced lifestyle, including work and play. You can enjoy a suburban, farm life, or nature enthusiast lifestyle; all three are easily within the city’s boundaries! Experiencing growth in population and economic opportunity; newcomers are delighted to find a vibrant and thriving city offering employment, entertainment, and recreational activities.
Parks, rivers, and nearby lakes offer abundant outdoor fun possibilities. Embark on an adventure on your paddle board, tube, or kayak at the White Water Park for free if you bring your equipment. Take a refreshing swim at the Kramer Aquatic Center during those hot summer months or catch a flick at the local movie theater. There is plenty of unique and locally owned boutiques, antique stores, and art galleries to keep you busy with shopping. Centrally located to all its residents, Manchester offers delicious food at quaint local restaurants, including the Riverbend Pub & Grill, Sunset Family Restaurant, and April’s Downtown Diner.
Manchester’s Urban Revitalization Program is helping this community grow, creating a healthy and stable housing market. From gorgeous lake homes to historic farmhouses on the outskirts, this close-knit city is also establishing neighborhoods with newly constructed homes.
Get connected with a local real estate expert for up-to-date real estate market trends, nearby school profiles, community demographic information, and more.
Nearest Ruhl&Ruhl Office
5805 Council St. NE, Suite A
Cedar Rapids, IA 52402
Phone Number: (563) 441-1776