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    418 Main Ave Clear Lake, IA 50428

    Pending
    For Sale
    $849,000

    Commercial Sale, Business - Clear Lake, IA

    Days on Market:
    26
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 418 Main Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    APN
    051328000700
    Parking features
    On Street

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1920
    Number of units
    390
    Building materials
    Metal Siding, Vinyl Siding, Wood Siding
    Architectural style
    Other

    Schoneman, REALTORS (641) 923-2813

    Listing agent Mike Finnegan (641) 357-0500 License #***

    Listing date Nov 20, 2025

    MLS# 6331666 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

    Clear Lake Commercial Opportunity

    This commercial property is located in Clear Lake, Iowa. The property is listed for sale and is located in Cerro Gordo County. The listing title indicates it is a commercial sale opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wilcox Furniture Furniture Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Clear Lake
    County
    Cerro Gordo
    State
    Iowa
    Longitude
    -93.380436
    Latitude
    43.137192

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    FAQs

    What type of property is this?
    Apartment building - Commercial property for sale in Clear Lake, Iowa.
    Where is this apartment building located?
    The property is located at 418 Main Ave Clear Lake, IA.
    What is the asking price?
    The asking price for this property is $849,000.
    What are key features of this property?
    This property features: - Combination of metal, vinyl, and wood siding offers varied aesthetic appeal and potential durability.; - Forced air heating system provides efficient and consistent temperature control.; - Built in 1920, the property offers historical character.
    (641) 357-0500
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    418 Main Ave Clear Lake, IA 50428
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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
    418 Main Ave Clear Lake, IA 50428
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