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    708 N 18Th St Centerville, IA 52544

    For Sale
    $399,900

    Commercial Sale, Business - Centerville, IA

    Lot size:
    0.40 Acres
    Days on Market:
    85
    Last Refresh:
    Dec 5 at 3:06 pm

    Property Features for 708 N 18Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    341011006130000
    Parking features
    Paved or Surfaced
    Lot size
    0.40 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    2005
    Number of units
    2
    Building materials
    Vinyl Siding
    Architectural style
    Other

    Bogle Realty LLC (641) 437-4663

    Listing agent Lori Bogle (641) 437-4663 License #***

    Listing date Sep 12, 2025

    MLS# 6331785 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

    Commercial Building Near Highway 5

    This 4,500 sq ft commercial building is located on the north side of Centerville, Iowa, near local shopping areas and just off Hwy 5. The property is offered as a building-only sale and is fully leased, making it an income-producing investment. The building is divided into two rental units. Unit One features office space, storage, and two bathrooms with showers, while Unit Two offers a storage area and one bathroom. Both units are currently occupied, with tenants including Snap Fitness and a spa facility, providing rental income. The property includes 16 parking spots.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    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
    Centerville
    County
    Appanoose
    State
    Iowa
    Longitude
    -92.868519
    Latitude
    40.739986

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    FAQs

    What type of property is this?
    Investment property - Fully leased commercial building near Hwy 5 in Centerville, Iowa.
    Where is this investment property located?
    The property is located at 708 N 18Th St Centerville, IA.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - Fully leased commercial building providing immediate rental income.; - Excellent income-producing investment opportunity.; - Prime location near shopping areas and Hwy 5.
    (641) 437-4663
    Request Owner's contact information
    708 N 18Th St Centerville, IA 52544
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    Centerville, IA 52544
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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
    708 N 18Th St Centerville, IA 52544
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