201 N Main St Street, Home with 0 bedrooms, 0 bathrooms and null parking in Elkader IA | Image 1

$750,000

201 N Main St Street, Elkader, IA

Name: 201 N Main St Street, For Sale in Elkader - eXp Commercial Brokerage
Brand: NON-MEMBER
SKU: 20252831
Price: 750000 CAD

Real Estate

For Sale

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Key Facts
Description
Map

Key Facts

Type Retail

Levels Commercial Sale

Size -

Garage No

Maintenance Fees

Taxes $4,142

Days Active 41

Approx. Age 1891

MLS® Number 20252831

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to the Goldfinch Suites, a rare and versatile investment opportunity located on a high-visibility corner lot in the heart of historic downtown Elkader. Just steps from the scenic Turkey River, this beautifully maintained 2 story building blends commercial space with proven short-term rental income-ideal for investors, entrepreneurs, or lifestyle buyers. The main level is currently home to a thriving coffee shop and outdoor retail store, catering to locals and visitors alike. With tow entrances and an open layout, the space could remain unified or be divided into two storefronts-ideal for boutiques, cafes, outfitters, or offices. Large windows fill the space with light and offer great visibility in accessible and welcoming downtown. Upstairs includes four fully furnished rental units, each with charm, modern amenities, and strong booking history. Guests are drawn to the cozy accommodations, proximity to downtown, and to Elkader’s outdoor attractions. Whether you’re managing the rentals yourself or seeking a turn-key operation, this property delivers consistent revenue potential. Located in the heart of Clayton County's Driftless District, Elkader offers river recreation, hiking, historic sites, and a strong sense of community. Easy commute to the Opera House, Keystone Bride, restaurants, and galleries-or kayak and fish along the Turkey River only 1 block away. The Goldfinch Suites is a cornerstone of Elkader's charm and a rare opportunity to own a fully operational, income-producing property in one of Iowa's most picturesque small towns. If purchases as a turnkey business, sellers are willing to train new owners on current business practices for 30 days at their expense.Show Description

MLS® Number20252831

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1891

Stories

Pets

Corp Number

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatForced Air, Natural Gas

A/CCentral Air

Heating Fuel

Extras

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