Allerton, IA Commercial Real Estate for Sale

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Convenience Store with Car Wash
Updated: Oct 20
Convenience Store with Car Wash

400 N Central Avenue, Allerton, IA 50008

$450,000
Two metal buildings totaling 5,406 square feet on a 0.88‑acre corner lot
Former convenience store, car wash, laundromat, and hair stylist shop
Car wash includes an 8'8" drive‑through bay
Built in 1994; metal siding and roof, slab foundation, forced‑air natural gas heat, and central air
City water and sewer
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Flex Space With Shop Storage
Updated: Jun 3
Flex Space With Shop Storage

105 S Central Avenue, Allerton, IA 50008

$46,500
0.09 AC lot
Office and retail areas paired with garage and shop storage
Currently configured for salon use
Block construction with a 1948 build year
Window unit cooling
Public water and public sewer
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Based on your search, we've compiled 48 Potential Opportunities for your consideration. Besides 2 Active listings in Allerton, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 42 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Updated Office Building with Three Suites
Updated Office Building with Three Suites

204 S Franklin St, Corydon, IA 50060

$78,000
1,400 sqft

Turn-key office building offering three office spaces with a reception foyer, remodeled bathroom, and major 2025 upgrades.

View details
Agricultural Land
Agricultural Land

2939 205th St, Seymour, IA 52590

Contact for pricing
48,351,600 sqft

The farm is being offered in separate tracts, allowing buyers to select individual parcels or combine multiple properties.

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Agricultural Land Portfolio
Agricultural Land Portfolio

2939 205th Street, Seymour, IA 52590

Contact for pricing
1,110.31 AC lot

The farmland is divided into tracts that can be purchased separately or in combination.

View details
Updated 3-Office Commercial Building
Updated 3-Office Commercial Building

204 S Franklin, Corydon, IA 50006

$78,000

Flexible office property with reception space, storage, parking options, and Business/Commercial zoning.

View details

Off-Market Properties in Allerton, IA

Consider similar Off-Market properties in Allerton, 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.

305 Wayne St
COMMERCIAL (GENERAL)

305 Wayne St, Allerton, IA 50008

Estimated value:
$60,000
1,440 sqft 0.52 AC lot
View details
118 Central Ave
NIGHTCLUB (COCKTAIL LOUNGE)

118 Central Ave, Allerton, IA 50008-7726

Estimated value: by Request
1,402 sqft 0.07 AC lot
View details
105 Central Ave
LIGHT INDUSTRIAL

105 Central Ave, Allerton, IA 50008-7727

Estimated value:
$200,000
2,506 sqft 0.09 AC lot
View details
2225 26th Hwy
MILL (FEED, GRAIN, LUMBER, TEXTILE)

2225 26th Hwy, Allerton, IA 50008

Estimated value:
$505,000
6.31 AC lot
View details
108 Pr St
VACANT COMMERCIAL LAND

108 Pr St, Allerton, IA 50008-7728

Estimated value:
$245,000
0.17 AC lot
View details
200 Central Ave
HOTEL/MOTEL

200 Central Ave, Allerton, IA 50008-7725

Estimated value:
$255,000
4,800 sqft 0.18 AC lot
View details
Central Ave
VACANT COMMERCIAL LAND

Central Ave, Allerton, IA 50008

Estimated value:
$245,000
0.12 AC lot
View details
106 Central Ave
RETAIL STORES (PERSONAL SERVICES)

106 Central Ave, Allerton, IA 50008-7727

Estimated value:
$185,000
3,376 sqft 0.09 AC lot
View details
116 Central Ave
NIGHTCLUB (COCKTAIL LOUNGE)

116 Central Ave, Allerton, IA 50008-7726

Estimated value: by Request
1,689 sqft 0.07 AC lot
View details
Nn Pr
COMMERCIAL (GENERAL)

Nn Pr, Allerton, IA 50008

Estimated value:
$195,000
900 sqft 0.09 AC lot
View details
106 Pr St
COMMERCIAL (GENERAL)

106 Pr St, Allerton, IA 50008

Estimated value:
$300,000
2,304 sqft 0.17 AC lot
View details
1238 Iowa Rd
OFFICE (GENERAL)

1238 Iowa Rd, Allerton, IA 50008

Estimated value:
$550,000
5,000 sqft 39.00 AC lot
View details
405 Elm St
COMMERCIAL (GENERAL)

405 Elm St, Allerton, IA 50008-7737

Estimated value:
$300,000
4,928 sqft 0.34 AC lot
View details
400 Central Ave
CONVENIENCE STORE

400 Central Ave, Allerton, IA 50008-8607

Estimated value:
$260,000
2,706 sqft 0.88 AC lot
View details
110 Central Ave
RETAIL STORES (PERSONAL SERVICES)

110 Central Ave, Allerton, IA 50008-7726

Estimated value:
$205,000
3,954 sqft 0.09 AC lot
View details
101 Central Ave
SERVICE STATION (FULL SERVICE)

101 Central Ave, Allerton, IA 50008-7726

Estimated value:
$55,000
2,290 sqft 0.17 AC lot
View details
208 Central Ave
RESTAURANT

208 Central Ave, Allerton, IA 50008

Estimated value:
$250,000
1,080 sqft 0.06 AC lot
View details
305 Central Ave
COMMERCIAL (GENERAL)

305 Central Ave, Allerton, IA 50008

Estimated value:
$395,000
7,077 sqft 2.00 AC lot
View details
105 Central Ave
VACANT COMMERCIAL LAND

105 Central Ave, Allerton, IA 50008-7727

Estimated value:
$250,000
0.11 AC lot
View details
107 Central Ave
COMMERCIAL (GENERAL)

107 Central Ave, Allerton, IA 50008-7726

Estimated value:
$165,000
1,200 sqft 0.06 AC lot
View details
304 Central Ave
COMMERCIAL (GENERAL)

304 Central Ave, Allerton, IA 50008

Estimated value:
$190,000
2,016 sqft 0.17 AC lot
View details
206 Central Ave
RETAIL STORES (PERSONAL SERVICES)

206 Central Ave, Allerton, IA 50008-9760

Estimated value:
$160,000
1,380 sqft 0.08 AC lot
View details

Allerton, IA Commercial Real Estate Market Trends and Statistics

Explore 44 commercial real estate for sale in Allerton, IA on our real estate platform.

Sale prices for business properties in Allerton, IA start at $46,500, averaging $248,250, and reaching up to $450,000 — 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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Demographics Overview

Population 759
Population Growth (5Y) -13.8%
Median Household Income $77,083
College Educated 20.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
50008 $46.5K

Taxes & Financing

Tax Rate (average for all types) 1.86%
Property Tax per SF $41.26 per SF
Tax Rate vs County Average 0.29 pp below county avg
Average Loan-to-Value 65.0%

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