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    712 Highway 18 E Clear Lake, IA 50428

    For Sale
    $468,000

    1 Story,Shop, COMMERCIAL - CLEAR LAKE, IA

    Property size:
    3,879 SF
    Lot size:
    0.44 Acres
    Days on Market:
    92
    Last Refresh:
    Dec 9 at 6:06 pm

    Property Features for 712 Highway 18 E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-CBD/C BUS COM
    APN
    051247702000
    Size
    3,879 SF
    Lot size
    0.44 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1951
    Floors in Building
    1
    Flooring type
    Concrete, Tile
    Building materials
    Block, Frame
    Roof type
    Metal
    Architectural style
    Other

    CENTURY 21 Preferred (641) 424-9400 [email protected]

    Listing agent ROGER FLIETH (641) 424-9400 License #B43478

    Listing date Sep 9, 2025

    MLS# 250032 Listing URL

    Copyright © 2025 Greater Mason City Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Property in Clear Lake

    This commercial property is located in a high-traffic area of Clear Lake, Iowa, at the corner of Highway 18 East and N. 8th St. The property includes a 3879 square foot building situated on a 0.445-acre lot. The building features a two-bay service shop connected to a 24x124 feet sales, office, and showroom space. A generously sized parking lot is available. The property was most recently used as a recreational rental business, offering canoes, kayaks, bikes, pontoons, and other recreational equipment. It is suitable for retail, office, or auto sales and service. The location on Highway 18 offers an opportunity for a complete rebuild and new business venture. The property is close to downtown Clear Lake and the lake, with convenient access to Interstate 35 and Avenue of the Saints. The C-CBD/C BUS COM zoning allows for flexibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    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.

    Similar Places Nearby

    Lake Auto Service, Don's Body Shop, Knorr Electric Motor and Well Service

    Location Insight

    • Map
    • Local Demand
    City
    Clear Lake
    County
    Cerro Gordo
    State
    Iowa
    Longitude
    -93.375663
    Latitude
    43.144253

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    FAQs

    What type of property is this?
    Auto shop - High-traffic location suitable for retail, office, or auto service.
    Where is this auto shop 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 high-traffic location at the corner of Highway 18 East and N. 8th St.; - Large .445 acre lot.; - Versatile CH-1 zoning allows for many business opportunities.
    (641) 424-9400
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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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