Clear Lake, IA Commercial Real Estate for Sale

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Updated: Dec 4, 2025

Commercial Building with Warehouse Storage

402 S 15th Street, Clear Lake, IA 50428

$700,000

6,000 sqft · 0.68 AC lot

Prime location on 4th Ave S with quick access to Interstate 35, maximizing visibility and customer traffic.
Spacious 50*60 finished showroom suitable for retail, office, or service‑based businesses.
Adjoining 50*60 storage/warehouse area with a large overhead door for easy deliveries.
Large paved parking lot on a 0.68‑acre corner lot, providing excellent exposure and room for expansion.
11*50 mezzanine with existing racking for additional storage and organization.

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This listing looks promising.

Here's a quick look at some key insights for

402 S 15th Street, Clear Lake, IA 50428

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Est. Cap Rate

6.6%
Above avg (5.9%)
Est. NOI

$46K
Annual
Price @ 7% Cap

$662K
Suggested
Property Type

Private Utility
Built 2000

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Updated: Jun 2

Expanded Industrial Warehouse Facility

1303 N 56th St, Clear Lake, IA 50428

$1,350,000

11,028 sqft · 1.96 AC lot

Modern warehouse facility built in 2005, expanded in 2023, offering approximately 11,028 SF
Located on 1.96 acres with HWY Commercial zoning for flexible industrial use
High‑visibility property with expansive site for maneuverability, parking, and outdoor use potential

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Commercial Property in Clear Lake

712 HWY 18 E, Clear Lake, IA 50428

$468,000

3,879 sqft · 0.44 AC lot

High-traffic location suitable for retail, office, or auto services.

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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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Automotive Service and Retail Building

712 HWY 18 E, Clear Lake, IA 50428

$468,000

0.45 AC lot

Corner Highway 18 property with a 2-bay service shop plus sales, office, and showroom space on a sizable lot.

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Versatile Flex Space with Loft

1025 N 8Th Street 101, Clear Lake, IA 50428

$224,900

1,500 sqft · 3.80 AC lot

1500 SF flex space with loft, bathroom, and climate control.

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Food-Grade Facility with Expansion Potential

2205 6th Ave S, Clear Lake, IA

$7,795,000

52,275 sqft · 6.12 AC lot

52,275 SF food-grade facility on 13.86 acres for sale.

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Clear Lake Commercial Land Available

Hwy 18 & 260th Street, Clear Lake, IA 50428

$329,000

5.72 AC lot

5.72 acres of commercial land in Clear Lake, Iowa.

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Commercial Lots at I-35 Interchange

I-35 & Hwy 18, Clear Lake, IA

$598,950

1.25 AC lot

Commercial lots at a major interchange on I-35.

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Prime Commercial Lots Available

NEC I-35 & Hwy 18, Clear Lake, IA 50428

Contact for pricing

Eight commercial lots ready for development near I-35.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 10 Active listings in Clear Lake, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 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.

West Side Retail Property

402 Indianhead Dr, Mason City, IA 50401

$1,400,000

6,148 sqft · 0.99 AC lot

Retail property with national tenants near Indianhead Square retail center.

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Mason City Commercial Opportunity

4499 4th SW, Mason City, IA 50401

$435,000

5,751 sqft · 1.27 AC lot

Former equipment dealership building on 1.27 acres for sale.

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Multi-Tenant Retail Storefront

402 Indianhead Dr, Mason City, IA 50401

$1,400,000

6,148 sqft

Three-suite retail property leased to Subway and US Cellular near Indianhead Square.

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28 Acres Land For Sale

N Eisenhower Ave, Mason City, IA

$308,000

28.00 AC lot

28 acres of land for sale in Mason City, Iowa.

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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.

VETERINARY, ANIMAL HOSPITAL

240 Us Hwy 18th W, Clear Lake, IA 50428-3704

Value Estimation by Request

1,536 sqft · 0.19 AC lot

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WAREHOUSE, STORAGE

2101 2nd S Ave, Clear Lake, IA 50428-2200

$605,000

Estimated value

6,600 sqft · 1.51 AC lot

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BARBER, HAIR SALON

612 Buddy Holly Pl, Clear Lake, IA 50428-1364

Value Estimation by Request

1,800 sqft · 0.07 AC lot

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RETAIL STORES (PERSONAL SERVICES)

418 Main Ave, Clear Lake, IA 50428-1827

$670,000

Estimated value

9,240 sqft · 0.28 AC lot

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LIGHT INDUSTRIAL

910 24th St, Clear Lake, IA 50428-4011

Value Estimation by Request

240 sqft · 6.05 AC lot

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LIGHT INDUSTRIAL

3300 Main Ave, Clear Lake, IA 50428-2413

$630,000

Estimated value

10,020 sqft · 4.67 AC lot

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RESTAURANT

12 3rd St, Clear Lake, IA 50428-1808

Value Estimation by Request

3,243 sqft · 0.13 AC lot

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LIGHT INDUSTRIAL

2nd 4th S Ave, Clear Lake, IA 50428

Value Estimation by Request

1,000 sqft · 0.28 AC lot

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LIGHT INDUSTRIAL

3305 Main Ave, Clear Lake, IA 50428

Value Estimation by Request

3,840 sqft · 0.49 AC lot

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HOTEL/MOTEL

1305 25th St, Clear Lake, IA 50428-2061

Value Estimation by Request

19,896 sqft · 1.38 AC lot

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OFFICE BUILDING

1112 Hwy 18th E, Clear Lake, IA 50428-1572

Value Estimation by Request

1,120 sqft · 0.15 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

10 3rd St, Clear Lake, IA 50428-1813

Value Estimation by Request

1,920 sqft · 0.03 AC lot

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RETAIL STORES (PERSONAL SERVICES)

1115 10th N Ave, Clear Lake, IA 50428-1437

Value Estimation by Request

3,900 sqft · 0.16 AC lot

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LIGHT INDUSTRIAL

1700 4th S Ave, Clear Lake, IA 50428

Value Estimation by Request

6,000 sqft · 1.05 AC lot

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Clear Lake, IA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Clear Lake, IA, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 78,561 square feet of properties for sale, with an estimated market value of $11,005,900.

Sale prices for business properties in Clear Lake, IA start at $224,900, averaging $1,834,316, and reaching up to $7,795,000 — 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 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	$572.6K

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Cerro Gordo County

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Clear Lake, IA Commercial Real Estate for Sale

402 S 15th Street, Clear Lake, IA 50428

1303 N 56th St, Clear Lake, IA 50428

712 HWY 18 E, Clear Lake, IA 50428

712 HWY 18 E, Clear Lake, IA 50428

712 HWY 18 E, Clear Lake, IA 50428

1025 N 8Th Street 101, Clear Lake, IA 50428

2205 6th Ave S, Clear Lake, IA

Hwy 18 & 260th Street, Clear Lake, IA 50428

I-35 & Hwy 18, Clear Lake, IA

NEC I-35 & Hwy 18, Clear Lake, IA 50428

Opportunities in Nearby Cities

402 Indianhead Dr, Mason City, IA 50401

4499 4th SW, Mason City, IA 50401

402 Indianhead Dr, Mason City, IA 50401

N Eisenhower Ave, Mason City, IA

Off-Market Properties in Clear Lake, IA

240 Us Hwy 18th W, Clear Lake, IA 50428-3704

2101 2nd S Ave, Clear Lake, IA 50428-2200

612 Buddy Holly Pl, Clear Lake, IA 50428-1364

418 Main Ave, Clear Lake, IA 50428-1827

910 24th St, Clear Lake, IA 50428-4011

3300 Main Ave, Clear Lake, IA 50428-2413

12 3rd St, Clear Lake, IA 50428-1808

2nd 4th S Ave, Clear Lake, IA 50428

3305 Main Ave, Clear Lake, IA 50428

1305 25th St, Clear Lake, IA 50428-2061

1112 Hwy 18th E, Clear Lake, IA 50428-1572

10 3rd St, Clear Lake, IA 50428-1813

1115 10th N Ave, Clear Lake, IA 50428-1437

1700 4th S Ave, Clear Lake, IA 50428

Clear Lake, IA Commercial Real Estate Market Trends and Statistics

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Office

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