418 E Coolbaugh Street, Red Oak, IA 51566

This mixed-use property in downtown Red Oak includes four well-maintained two-bedroom apartments with common-area laundry and individual storage closets all leased MTM, along with two ground-level storefronts in shell condition with ADA restrooms, ready for tenant improvements. Located along a walkable, high-visibility downtown corridor, the property benefits from Red Oak's affordable housing market and strong local tenant base. The building showcases classic Victorian architecture, with detailed brickwork, tall windows, and a traditional façade painted in 2015 in period-appropriate colors. Originally Red Oak's first post office, it offers a rare opportunity to own a piece of the community's architectural and civic history.