About This Home

This 0-bedroom, 0-bathroom commercial at 222 Water Street in Cambridge, IA is listed for $799,900. Built in 1890, on a 0.14 acres lot.

Key Features

  • Built in 1890
  • 0.14 acre lot

Property Details

1890
Listing Description

Great opportunity to own a versatile commercial property offering multiple income streams with two retail spaces and four residential units all in one location. The property includes a studio apartment that is handicap accessible for added convenience and flexibility along with three brand new two bedroom apartments each featuring a full bath, stainless steel appliances, and in unit washer and dryers.

With a strong mix of commercial and residential spaces this property is ideal for investors or owner occupants looking to maximize rental potential with modern amenities that appeal to today's tenants.

Monthly Cost Estimate

$4,278/mo

20% down · 6.5% · 30 years

Principal$578
Interest$3,466
Insurance$233

Estimates only. Actual payments may vary.

Location

222 Water Street

Cambridge, IA 50046

Property Details

Construction

Brick Stucco

Heating

Natural GasForced Air

Appliances

BuiltInOvenDryerDishwasherMicrowaveRefrigeratorStove

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 222 Water Street is listed at $799,900. The estimated monthly payment is $4,278 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1890, 0.14 acre lot.

This property is listed by Jen Grimm.

JG

Jen Grimm

Agent at LPT Realty, LLC

Listed by LPT Realty, LLC · Broker phone: (515) 669-4010

MLS# 736887· Source: Des Moines Area Association of REALTORS®, Inc.· 220 days on PropertySimple

Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

222 Water Street, Cambridge, IA 50046

Open this listing in: