Discover an incredible opportunity in the heart of downtown Fort Madison! This versatile commercial building is ready to host your next venture. With significant recent upgrades, it's the perfect canvas to launch a new business or mixed-use space. Recent modern upgrades include a new membrane roof that ensures long-term protection and reduced maintenance costs. The electrical service has been updated to meet current standards, ready to support your business's needs. An attractive refreshed facade, front door, and windows offer excellent curb appeal. Inside, spray foam insulation provides superior energy efficiency and comfort, while restrooms are framed with new plumbing, allowing you to finish them to your specific requirements. A unique feature of this property is its residential potential. The city permits up to 50% of the building's back half to be used as a residence, providing an excellent live-work opportunity or an additional income stream. The building also includes two convenient parking spaces at the back. This property is ideal for retail, office space, studios, or even a café. The residential allowance adds further flexibility. With essential upgrades already completed, you can focus on tailoring the interior to suit your business needs. Whether you’re an entrepreneur looking to launch your next business or an investor seeking a mixed-use opportunity, this building offers endless possibilities. Don’t miss out! Call your favorite Realtor today!