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    111 N Clark St Forest City, IA 50436

    New
    For Sale
    $250,000

    Mixed Use, Commercial Sale - Forest City, IA

    Days on Market:
    2
    Last Refresh:
    Dec 6 at 1:06 pm

    Property Features for 111 N Clark St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    1135288009
    Parking features
    On Street

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1920
    Number of units
    3
    Building materials
    Brick
    Architectural style
    Other

    Realty ONE Group Welcome Home (641) 357-4663

    Listing agent Abigail Wood (641) 357-4663 License #***

    Listing date Dec 5, 2025

    MLS# 6334165 Listing URL

    Copyright © 2025 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Buildings in Forest City

    This listing features two adjacent mixed-use buildings in downtown Forest City, Iowa, presenting an exceptional investment opportunity. The property includes an operating apartment-style vacation rental, two fully occupied long-term rental units, and two established businesses, all included in the sale. All business equipment, fixtures, and furnishings for both the Airbnb and the commercial operations are included, offering a turn-key package.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nelson's Plumbing Heating ... Heating Contractor Nelson Plumbing Heating ... Plumber Highway Chapel Four ... Church The Green Axe Recreation Center

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Forest City
    County
    Winnebago
    State
    Iowa
    Longitude
    -93.637975
    Latitude
    43.263775

    Nearby Similar for Sale

    • New
      $250,000
      0.06 Acres

      Mixed-Use Investment Opportunity

      Two mixed-use buildings with rental units and established businesses.
      109 N Clark St, Forest City, IA 50436
      View Details
    • New
      $250,000

      Mixed-Use Buildings in Forest City

      Two mixed-use buildings with rental units and established businesses.
      111 N Clark St, Forest City, IA 50436
      View Details
    • New
      $250,000

      Mixed-Use Buildings in Forest City

      Mixed-use buildings with rental units and established businesses for sale.
      109 N Clark St, Forest City, IA 50436
      View Details
    • $350,000

      Forest City Shop on 3 Acres

      50x120 shop on 3 acres near Highway 69.
      1807 325Th St, Forest City, IA 50436
      View Details
    • $89,900

      Updated Office Space For Sale

      Updated office space near Forest City's main street.
      145 E K St, Forest City, IA 50436
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Turn-key investment opportunity with residential and commercial income streams.
    Where is this mixed-use property located?
    The property is located at 111 N Clark St Forest City, IA.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Turn-key investment opportunity with two adjacent mixed-use buildings.; - Includes an operating apartment-style vacation rental (Airbnb).; - Two fully occupied long-term rental units.
    (641) 357-4663
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    111 N Clark St Forest City, IA 50436
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