Mixed-Use Building with
For Sale
$385,000
312 & 316 N 12th Street, Centerville, IA 52544
Commercial Sale, Centerville, IA
Property Size15,040 SF
Lot Size0.18 Acres
Price / SF$25.60
Days on Market47
Property Features for 312 & 316 N 12th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Business/Commercial
Parking features
On Street, Assigned
Basement
Full
Directions
located on the northwest side of the Centerville square
Standard status
Active
APN
341011002950000
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
full legal to come from abstract
Tax Annual Amount
9216
Legal Description
full legal to come from abstract
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1890
Number of units
8
Building materials
Brick
Architectural style
Other
Listing Agency:
Hometown Realty
(641) 437-1060
Listed By:
Olivia Furlin
(641) 895-3288
Added: Aug 10
Changed: Sep 16
Last Checked: Sep 25 at 4:06PM
MLS# 6341417
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Built in 1890, this brick mixed-use property contains approximately 15,040 sq. ft. across a commercial component and seven apartments. The main level provides 7,520 sq. ft. of business space that was formerly occupied by an appliance store and is identified for retail, office, service, or other commercial uses. Upper-level apartments add a residential component within the same building.
Located at 312 & 316 N 12th Street on the historic Centerville Square, the property is in Centerville, Iowa, within Business/Commercial zoning. Building systems include forced-air heating, central air, and public water. Parking is provided through assigned spaces and on-street availability.
Located at 312 & 316 N 12th Street on the historic Centerville Square, the property is in Centerville, Iowa, within Business/Commercial zoning. Building systems include forced-air heating, central air, and public water. Parking is provided through assigned spaces and on-street availability.
Key Highlights
- Approximately 15,040 sq. ft. of total building area
- 7,520 sq. ft. of main‑level commercial space
- Seven apartments located above the commercial area
Property Analytics
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Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
524
Businesses Nearby
Explore this area
Business Placement
Demographics for 52544, IA
7,481
Population
4,096
Households
1.8
Avg Household Size
44
Median Age
19%
College-Educated
88%
High-School Grad
138.3 sq mi
ZIP Area
54
Density / Sq Mi
$45,257
Median Household Income
$36,792
Median Earnings
$779
Median Rent
$114,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick construction combines commercial space with upper-level residential units.
Where is this mixed-use property located?
The property is located at 312 & 316 N 12th Street Centerville, IA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Approximately 15,040 sq. ft. of total building area; 7,520 sq. ft. of main‑level commercial space; Seven apartments located above the commercial area
