401 W Main StreetNew Providence, IA 50206

Multi-Family · 6,800 Sq. ft. | 0.20 Acres
$100,000 Active

401 W Main Street Overview

Time on Site:
96 days
Visits:
9

Own a piece of Iowa history with this rare opportunity to purchase the iconic New Providence Hardware Store, one of the oldest continuously operating hardware stores in the state. This unique turnkey commercial property includes the fully stocked hardware business, allowing new owners to step in and start generating income from day one. Shelving, inventory, and fixtures are in place—just open the doors and go to work. Set in a prominent cornerstone building originally constructed in 1863, this property combines historic character with practical functionality. The spacious commercial layout is well-suited for hardware and general retail, with strong visibility and a long-standing presence in the community. An added bonus is the connecting business front, which is already rented, providing an immediate secondary income stream and helping to offset ownership costs. Whether you’re an investor looking for stable cash flow or an owner-operator eager to carry on a proud Iowa tradition, this is a truly special property that doesn’t come along often. Step into history, take over an established business, and make this landmark hardware store your own.

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401 W Main Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 6,800
  • Price/Sq.ft. $15
  • Lot 0.20 Acres

Details

General

Income/Expenses

  • Electric Expense: 338
  • Fuel Expense: 182
  • Gross Income: 0
  • Maintenance Expense: 0
  • Operating Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Listing Information

  • Contingency: None

Building Information

  • Year Built: 1916

Location/Region

  • County Or Parish: Hardin
  • Postal City: New Providence

Tax Information

  • Tax Annual Amount: 926
  • Tax Year: 2024

General Information

  • Parcel Number: 862003356013
  • Property Type: Residential Income

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Accessibility Features: None
  • Basement: Partial
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: Forced Air
  • Living Area: 6800
  • Living Area Units: Square Feet
  • Stories: 1

Exterior

Lot Information

  • Lot Size Acres: 0.2
  • Lot Size Dimensions: 134x55
  • Lot Size Square Feet: 8712
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Other
  • Construction Materials: Brick

General Information

  • Number Of Units Total: 2
  • Sewer: City Sewer/Connected

401 W Main Street Neighborhood

Community

50206 (NEW PROVIDENCE) Demographics

36
Median Age
11
Population Density (per sq. mile)
48%
College Educated
$90,357
Estimated Median Income
179
Estimated Total Home Owners
33
Estimated Total Renters
84% / 16%
Estimated Owner / Renter Divide
3
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.

401 W Main Street Monthly Cost

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$ %
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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.

401 W Main Street Market Data

Based on the last 30 days in this zip code

$69,900
Average List Price
$120
Average Price per Square Foot
1
Properties Sold
42
Average Days on Market
2
Properties for Sale
Calculations provided by Reliance Network

401 W Main Street History

Date Event Value Agent
3/26/2026Source: NoCoast MLS Added to Database
March 26, 2026
Listing provided courtesy of Oakridge Real EstateNoCoast MLS- MLS# 6336674MLS Provider