Estimated payment $693/month
Highlights
- 7 Kitchens
- No HOA
- 4-minute walk to Caboose Park
About This Home
Prime Mixed-Use Investment Opportunity in Downtown Perry! The FOXY THEATER is in the National Register of Historic Places.
Located at 1300 2nd Street, this expansive mixed-use property offers incredible redevelopment potential. The main level features 7,020 sq. ft. with two commercial spaces, while city-approved plans allow for the construction of seven residential units across both levels. Once fully developed, this property could offer up to 12,000 sq. ft. of commercial and residential space.
The building has been completely gutted, except for one completed apartment unit, providing a blank slate for investors and developers. Please note: there is currently no structural flooring, and a waiver must be signed before showings. A new roof was installed in 2024, adding long-term value to this project.
This is a rare opportunity to transform a historic downtown property into a thriving mixed-use destination!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $700
Year Built
- Built in 1912
Home Design
- 7,020 Sq Ft Home
Additional Features
- 7 Kitchens
- 9 Full Bathrooms
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0210306009
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $604 | $35,780 | $9,800 | $25,980 |
| 2022 | $322 | $26,600 | $9,800 | $16,800 |
| 2021 | $322 | $13,730 | $9,800 | $3,930 |
| 2020 | $2,348 | $13,380 | $9,800 | $3,580 |
| 2019 | $2,598 | $79,696 | $8,330 | $71,366 |
| 2018 | $2,598 | $83,895 | $8,330 | $75,565 |
| 2017 | $2,634 | $83,895 | $8,330 | $75,565 |
| 2016 | $2,960 | $92,293 | $8,330 | $83,963 |
| 2015 | $2,748 | $119,590 | $0 | $0 |
| 2014 | $2,748 | $119,590 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | Pending | -- | -- | -- |
| 03/12/2025 03/12/25 | For Sale | $115,000 | -- | $16 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $29,000 | None Available |
Source: Des Moines Area Association of REALTORS®
MLS Number: 713311
APN: 02-10-306-009
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