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    712 Highway 18 E Clear Lake, IA 50428

    For Sale
    $468,000

    Commercial Sale, Business - Clear Lake, IA

    Property size:
    3,879 SF
    Lot size:
    0.45 Acres
    Days on Market:
    94
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 712 Highway 18 E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    051247702000
    Parking features
    Paved or Surfaced
    Size
    3,879 SF
    Lot size
    0.45 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1951
    Number of units
    1
    Building materials
    Block, Metal Siding, Wood Siding
    Architectural style
    Other

    Century 21 Preferred (641) 424-9400

    Listing agent Roger Flieth (641) 424-9400 License #***

    Listing date Sep 9, 2025

    MLS# 6324285 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 Property For Sale

    Located in Clear Lake, Iowa, this commercial property features a 3,879 square foot building situated on a 0.445-acre lot. The building includes a 2-bay service shop connected to a 124 x 24 feet sales, office, and showroom space. A generously sized parking lot is available. The property is located at the corner of Highway 18 East and N. 8th St., a high-traffic location. Previously, the property was home to a recreational rental business. The property is suitable for retail, office, or auto sales/service. The lot is located on the Highway 18 corridor and could be suitable for a complete rebuild and new business. It is close to downtown Clear Lake and the lake, with good connections to Interstate 35 and Avenue of the Saints. The CH-1 zoning (Commercial Highway Zone) allows much opportunity and flexibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Automotive properties

    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
    Clear Lake
    County
    Cerro Gordo
    State
    Iowa
    Longitude
    -93.37917987
    Latitude
    43.143961772

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    FAQs

    What type of property is this?
    Retail property - Commercial property in Clear Lake with high traffic location.
    Where is this retail property located?
    The property is located at 712 Highway 18 E Clear Lake, IA.
    What is the asking price?
    The asking price for this property is $468,000.
    What are key features of this property?
    This property features: - Prime location at the corner of Highway 18 East and N. 8th St. with high traffic; - Large .445 acre lot suitable for rebuild or new business; - 3879 Sq. Ft Building with **2 Bay Service Shop and Sales/Office/Showroom space**
    (641) 424-9400
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    712 Highway 18 E Clear Lake, IA 50428
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    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
    712 Highway 18 E Clear Lake, IA 50428
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