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    Clear Lake, IA
    Automotive

    Clear Lake, IA Automotive Properties for Sale

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    Ventura, IA Mason City, IA Garner, IA Manly, IA Forest City, IA Rockford, IA Meservey, IA Northwood, IA
    Flex Space with Service Bays
    Updated: Jan 16, 2025
    Flex Space with Service Bays

    712 HWY 18 E, Clear Lake, IA 50428

    $468,000
    3,879 sqft 0.44 AC lot
    3,879 SF building on Highway 18 East in Clear Lake
    Two‑bay service shop connected to sales, office, and showroom space
    124 x 24 feet of connected sales, office, and showroom area
    Corner position at Highway 18 East and N. 8th Street
    Central air, metal roof, and block/frame construction
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    This listing looks promising.

    Here's a quick look at some key insights for

    712 HWY 18 E, CLEAR LAKE, IA 50428

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    • Est. Cap Rate

      6.4%
      Above avg (5.9%)

    • Est. NOI

      $30K
      Annual

    • Mortgage

      $600K
      May 2023

    • Last Sold

      May 2023
      $305K

    • Property Type

      Service Station (Full Service)
      Built 1951
    View Property Analytics
    Automotive Service and Retail Building
    Updated: Jan 16, 2025
    Automotive Service and Retail Building

    712 HWY 18 E, Clear Lake, IA 50428

    $468,000
    0.45 AC lot
    Prime highway location at the corner of Highway 18 East and N. 8th St. with high traffic
    Large .445 acre lot size
    Versatile CH‑1 zoning allows for many business opportunities
    3879 Sq. Ft. building with 2 Bay Service Shop and Sales/Office/Showroom space
    Close proximity to downtown Clear Lake and the lake
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    Clear Lake Commercial Property
    Clear Lake Commercial Property

    712 HWY 18 E, Clear Lake, IA 50428

    $468,000
    3,879 sqft 0.45 AC lot

    Commercial property in Clear Lake with high traffic location.

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    Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 3 Active listings in Clear Lake, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 14 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Highway Front Repair and Parts Facility
    Highway Front Repair and Parts Facility

    11475 Highway 9, Thompson, IA 50478

    $730,000
    10,264 sqft

    Automotive repair shop and auto parts store on highway frontage with three buildings, including heated and cooled office/kitchen space.

    View details
    Auto Repair Shop with Highway Frontage
    Auto Repair Shop with Highway Frontage

    11475 Highway 9, Thompson, IA 50478

    $730,000
    0.83 AC lot

    Auto repair shop property on Highway 9 with three buildings totaling 0.83 acres and office kitchen space.

    View details
    Flex Building With Service Shop
    Flex Building With Service Shop

    4499 4th SW, Mason City, IA 50401

    $435,000
    5,751 sqft

    Versatile commercial building with showroom, offices, service areas, and secured outdoor storage on a multi-use-zoned site.

    View details
    Single-Tenant Jiffy Lube Investment
    Single-Tenant Jiffy Lube Investment

    2441 4th St SW, Mason City, IA 50401

    Contact for pricing

    Absolute NNN Jiffy Lube property operated and backed by Jiffy Lube International under a corporate lease.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Development Land with IDD Zoning
    Commercial Development Land with IDD Zoning

    21133 775th St, Albert Lea, MN 56007

    $975,000
    6.50 AC lot

    6.5-acre parcel off Interstate 35 with IDD zoning and city utilities available for a wide range of commercial uses.

    View details
    Commercial Lot in Charles City
    Commercial Lot in Charles City

    501 Freeman, Charles City, IA 50616

    $104,000
    0.51 AC lot

    Vacant commercial lot with concrete parking in high-traffic area.

    View details
    Multi-Building Flex Space Campus
    Multi-Building Flex Space Campus

    1703 E Lakeshore Drive, Storm Lake, IA 50588

    $599,000

    C-Commercial zoning, multiple structures, and existing office, showroom, storage, and warehouse improvements support varied business operations.

    View details
    Grinnell Development Land For Sale
    Grinnell Development Land For Sale

    500 Lang Creek Avenue, Grinnell, IA 50112

    $802,593
    3.35 AC lot

    Prime commercial land with high visibility and traffic volume.

    View details

    Off-Market Properties in Clear Lake, IA

    Consider similar Off-Market properties in Clear Lake, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3101 Willow Crk Ct
    VEHICLE SALES, RENTALS

    3101 Willow Crk Ct, Clear Lake, IA 50428-8526

    $6,015,000
    Estimated value
    9,616 sqft 5.20 AC lot
    View details
    3005 Willow Crk Ct
    VEHICLE SALES, RENTALS

    3005 Willow Crk Ct, Clear Lake, IA 50428-8515

    $1,965,000
    Estimated value
    5,843 sqft 5.23 AC lot
    View details
    712 Us Hwy 18th E
    SERVICE STATION (FULL SERVICE)

    712 Us Hwy 18th E, Clear Lake, IA 50428-1423

    $245,000
    Estimated value
    3,879 sqft 0.44 AC lot
    View details
    1101 4th S Ave
    CAR WASH - SELF-SERVE

    1101 4th S Ave, Clear Lake, IA 50428-3821

    $1,050,000
    Estimated value
    3,360 sqft 0.46 AC lot
    View details
    1010 20th St
    CAR WASH - SELF-SERVE

    1010 20th St, Clear Lake, IA 50428

    $1,050,000
    Estimated value
    3,782 sqft 1.72 AC lot
    View details
    2 8th St
    SERVICE STATION (FULL SERVICE)

    2 8th St, Clear Lake, IA 50428-1712

    $165,000
    Estimated value
    1,512 sqft 0.30 AC lot
    View details
    2150 4th S Ave
    VEHICLE SALES, RENTALS

    2150 4th S Ave, Clear Lake, IA 50428-2208

    $230,000
    Estimated value
    1,632 sqft 2.25 AC lot
    View details
    1410 36th Pl
    VEHICLE SALES, RENTALS

    1410 36th Pl, Clear Lake, IA 50428-4103

    $615,000
    Estimated value
    5,226 sqft 9.69 AC lot
    View details
    626 Us Hwy 18th E
    VEHICLE SALES, RENTALS

    626 Us Hwy 18th E, Clear Lake, IA 50428-1440

    $255,000
    Estimated value
    4,752 sqft 0.20 AC lot
    View details
    3210 Hwy 122
    VEHICLE SALES, RENTALS

    3210 Hwy 122, Clear Lake, IA 50428-8544

    $300,000
    Estimated value
    1,728 sqft 3.37 AC lot
    View details
    10536 265th St
    AUTO REPAIR, GARAGE

    10536 265th St, Clear Lake, IA 50428-8694

    $355,000
    Estimated value
    9,283 sqft 1.14 AC lot
    View details
    409 24th St
    VEHICLE SALES, RENTALS

    409 24th St, Clear Lake, IA 50428-2288

    $275,000
    Estimated value
    2,850 sqft 3.00 AC lot
    View details
    1103 4th S Ave
    SERVICE STATION (FULL SERVICE)

    1103 4th S Ave, Clear Lake, IA 50428-3821

    $245,000
    Estimated value
    1,256 sqft 0.36 AC lot
    View details
    10528 265th St
    AUTO REPAIR, GARAGE

    10528 265th St, Clear Lake, IA 50428-8694

    $245,000
    Estimated value
    2,560 sqft 1.14 AC lot
    View details

    Clear Lake, IA Automotive Properties Market Trends and Statistics

    Explore 17 automotive properties for sale in Clear Lake, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,758 square feet of properties for sale, with an estimated market value of $1,404,000.

    Sale prices for automotive businesses in Clear Lake, IA average $468,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Auto shops 3

    Demographics Overview

    Population 9,093
    Population Growth (5Y) -2.6%
    Median Household Income $72,932
    College Educated 43.7%

    High-Yield Neighborhoods for Investment

    Identify Clear Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    50428 $468K

    Taxes & Financing

    Tax Rate (average for all types) 1.86%
    Property Tax per SF $22.31 per SF
    Tax Rate vs County Average 0.31 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cerro Gordo County

    New Delisted

    Total CRE Inventory on Market (SF)

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