Business Opportunities

Main Street works diligently with property owners and interested parties to find the perfect situation and match. We invite you to research our properties using Lee County Assessor Records or check out properties that are for sale at www.fortmadisonmls.com. If you would like to tour any of the properties listed below, feel free to contact Main Street at (319) 372-5471 or the contact number included with the listing. Please be aware that our Main Street district has strict policies on first floor residential units.

The following COMMERCIAL properties are available for lease/rent:

Address: 819 Avenue G
Approximate Square Footage: 2375
Rent: Lease negotiable depending on length of term and owner paid remodeling required


Features:

  • Currently configured into a waiting room, 3 - 4 offices, conference room, and storage closets. Space has 2 restrooms
  • Space includes a kitchenette, new carpet, recessed lighting and is handicap accessible.
  • Close to shoppes, food, and transit. Building has on site parking.

Contact Information: Jim Posz, Owner, (319) 372-5436

Address: 809 Avenue G

Approximate Square Footage: Approximately 2500
Rent: $900
Features:

  • This is your opportunity to rent a beautifully restored downtown building that has not been available in over 20 years!
  • Victorian tin ceiling & hardwood floors.
  • Retail space includes a restroom and storage room.
  • Rent includes electric and water.

Contact Information: Fort Madison Main Street, 319-372-5471

Address: 613 Avenue G

Rent: $475
Features:

  • This space has the potential for 2 private offices!
  • Private entrance, reception area, and display television
  • All utilities included. High speed fiber internet also included.

Contact Information: Cure Solutions, 319-372-4335

The following properties are available for sale:

Most buildings in the Main Street district are eligible for state and federal historic tax credits for renovations that total more than 50% of the property's assessed value (minus land) and tax abatements (freeze). If you have any questions at all about financial incentives, just call us!

Address: 610 8th Street

Approximate Square Footage: 13,800
Year Built:
circa 1900
Listing Price: $285,500 ($20.65/square foot)
Features:

  • Located in a National Register Historic District8th Street
  • 10 apartments (5 on second floor, 5 on third floor). Total rent is approximately $2800/month.
  • Force heat and central air
  • ADA accessible
  • Access to large, municipal parking lot

Contact Information: Carl Saunders, (319) 371-6212

 

828 Avenue G

Address: 828 Avenue G
Approximate Square Footage: 1,372
Year Built: 1910
Listing Price: $65,000
Features: Live and Work!!---Great opportunity with this commercial building to have your own retail business and live in the 1 bedroom apartment to the back, then relax in the courtyard. Save time and money by combining home & work in one payment! Low taxes!
Contact Information: 

 

9th Street

Address: 709 9th Street
Approximate Square Footage: 2500
Year Built: c. 1900
Listing Price: $55,000

Features:

  • Recent interior renovations on both 1st and 2nd floors
  • Perfect space for commercial/office use, and small retail.
  • Existing upper-story tentant at monthly rent of $375, plus utilities (2 bed, 2 bath)
  • Great visibility near busy intersection
  • Vintage curb appeal
  • Renovations since 2005 include: new rubber membrane roof, separate meters for utilities, 2 furnaces and 2 air conditioners; steel stairway in rear of building was added in 2010.

Contact Information: Sharon Scholl, Owner, (319) 470-3477

 

910 Avenue G

Address: 910 Avenue G
Approximate Square Footage: 8000
Year Built: c. 1900
Listing Price: $109,900

Features:

  • Downtown Retail Commercial building
  • Over 8,000 sq. ft. of usable space
  • Open concept with potential to divide into 2 separate buildings
  • Possible upstairs apartment

Contact Information: Fraise Auction & Realty: 319-372-9121

 

Address: 717 Avenue G

Approximate Square Footage: 6100
Year Built: 1900
Listing Price: 130,000
Features:

  • Located in a National Register Historic District
  • Tenant occupied
  • Newly renovated 2 bedroom/2 bath upstairs apartment
  • New roof in 2015

Contact Information: Daniel Fraise with Fraise Auction Real Estate at 319-372-9121

 

822 Avenue G

Address: 822-824 Avenue G
Approximate Square Footage: 9,600
Year Built: 2009
Listing Price: $199,000
Features: Opportunity Awaits in this BRAND NEW (2009) building. Main floor includes 4800 square feet and the second floor has four occupied apartments for a total square footage of 9600. In addition to the potential income from the rented apartments, the building boasts thermo pane double hung windows, off street parking, a membrane roof and more. Take a private tour of this amazing downtown building that exemplifies Fort Madison, Iowa.
Contact: Carla Mc Entee with Fraise Real Estate & Auction at 319-372-9121