309 W Adams Street | Image 1
New
309 W Adams Street | Image 2
309 W Adams Street | Image 3
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309 W Adams Street | Image 6

$220,000

For Sale

6 days ago

309 W Adams Street, Creston, IA

House

MLS® 6337252

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $4,102
Days Active 6
Lot Size 
Approx. Age 1900
MLS® Number 6337252

Property Address: 309 W Adams Street, Creston, IA, 50801

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

Description

Mixed-use investment opportunity with multiple income streams and value-add potential! The main level features a 7, 442 sq ft former movie theater with 162 seats, flanked by two vacant retail storefronts ready for lease-up or owner-occupancy. Existing theater projection and sound equipment are in place (untested), offering a unique redevelopment or entertainment concept opportunity. Above the theater, eight furnished hotel-style rooms each offer private baths, mini-split heating and cooling, and internet access. Currently 6 of 8 rooms are rented at $825/month, providing immediate income with upside through full occupancy. Additional highlights include free city parking conveniently located across the street and flexible space configurations ideal for a variety of commercial uses. With vacant retail spaces and underutilized theater potential, this property presents a strong opportunity for investors seeking to increase cash flow and maximize returns.
MLS® Number6337252
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
Basement
DrivewayNone
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 15, 2026List Date
$220,000List Price
  • Commute

Commute

Starting Address
Destination Address
309 W Adams Street, Creston, IA

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