Description
Located along East 10th Street near I-229, this mixed-use property is surrounded by high-traffic neighbors including QDOBA Mexican Eats, Taco Bell, Pizza Ranch, Hy-Vee, Starbucks, and Silverstar Car Wash. The property features 7 fully leased apartments ($700–$975/month) and 2 retail tenants ($1,200 front unit, $1,000 back unit), generating a projected 2024 EBITDA of $62,880—an ideal investment with stable income and strong location visibility.
Listing Details
- Cap Rate
9%
- Tenancy
Multi
- Space Type
mixed-use
- Sub Category
mixed-use-retail / mixed-use-multifamily
- Date Listed
3/26/2026
Property Specifics
- Property Name
Freddy Retail & Apartment Building
- Year Built
1950
- Lot Size
0.24 Ac
- Zoning
Commercial
- Occupancy
90%

