107 S Franklin StManchester, IA 52057

Commercial · 14,850 Sq. ft. | 0.39 Acres
$425,000 Active

107 S Franklin St Overview

Time on Site:
276 days
Visits:
150

Own a piece of Manchester history with only 4 total owners since 1900, this space offers prime visibility. Located right on a main downtown strip, situated perfectly en route to a popular grocery store and white water tourist attraction, traffic and visibility are built in. Formerly a well known pharmacy, drug store, 50's ice cream parlor, and so much more, make your dreams a reality with this versatile area. With nearly 15,000 sqft above grade, anything is possible. Bring the 50's ice cream parlor back to life, make this venue your prime retail location, or get creative and utilize this space for something different. Downstairs offers plenty of storage for warehousing as well as a former youth center with handicap accessibility. Upstairs is ready for your vision. Bring your work boots, and be ready to turn this space into potential apartments, more retail space, a fun dance hall, or whatever your imagination can create. Manchester is more than ready for your vision to come to life, take a tour today.

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107 S Franklin St Facts & Features

  • Type Commercial
  • Sq. ft. 14,850
  • Price/Sq.ft. $29
  • Lot 0.39 Acres

Details

General

Association/HOA

  • Association: false

Building Information

  • Year Built: 1900

Business Information

  • Business Name: Widner Drug

Location/Region

  • County Or Parish: Delaware
  • MLS Area Major: OT-E (East of I-380)
  • Postal City: Manchester

Rent/Lease Information

  • Lease Considered: false
  • Tenant Pays: See Remarks

Tax Information

  • Tax Annual Amount: 10329.0

General Information

  • Inclusions: Building,Business
  • Listing Terms: Cash,Contract,Other
  • Parcel Number: 631321100800
  • Property Sub Type: Business
  • Property Type: Commercial Sale
  • Zoning: Comm

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Basement: true
  • Building Features: Kitchen Facilities,Loading Dock,Multi-Tenant,Private Restrooms,Pole Sign,Single-Tenant
  • Flooring: Carpet,See Remarks,Wood
  • Interior Features: Storage
  • Levels: Two
  • Living Area: 14850.0
  • Stories: 2
  • Stories Total: 2
  • Window Features: Display Window(s)

Exterior

Lot Information

  • Lot Size Acres: 0.39
  • Lot Size Area: 0.39
  • Lot Size Dimensions: 113 X 150
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Block,Concrete,See Remarks
  • Roof: Membrane

General Information

  • Sewer: Public Sewer
  • Utilities: Electricity Available,Natural Gas Available

107 S Franklin St Neighborhood

Community

52057 (Manchester) Demographics

44
Median Age
57
Population Density (per sq. mile)
35%
College Educated
$60,836
Estimated Median Income
2,673
Estimated Total Home Owners
632
Estimated Total Renters
81% / 19%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

107 S Franklin St Monthly Cost

$
$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

107 S Franklin St Market Data

Based on the last 30 days in this zip code

$390,272
Average List Price
$389
Average Price per Square Foot
10
Properties Sold
67
Average Days on Market
43
Properties for Sale
Calculations provided by Reliance Network

107 S Franklin St History

Date Event Value Agent
2/16/2026Source: Iowa City MLS Price Reduction
$425,000 -13.2%
2/16/2026Source: Cedar Rapids Area MLS Price Reduction
$425,000 -13.2%
10/2/2025Source: Iowa City MLS Status Change
Active
9/26/2025Source: Cedar Rapids Area MLS Added to Database
September 26, 2025
9/26/2025Source: Iowa City MLS Added to Database
September 26, 2025
Listing provided courtesy of Realty87- MLS# 2508109MLS Provider