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Two-Story Mixed-Use Building
New
For Sale
$379,900

12 N 4th Street, Clear Lake, IA 50428

CommercialSale, Office, Clear Lake, IA

Property SizeContact for details
Lot Size0.07 Acres
Days on Market3

Property Features for 12 N 4th Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning Com
Appliances Microwave, Refrigerator, Stove
Lot features Rectangular Lot
Elementary school district Clear Lake
Middle school district Clear Lake
High school district Clear Lake
Directions HWY 18 to N 8th St. south to Main Ave, Main to N 4th St.
Subdivision Clear Lake
Standard status Active
APN 051328000200
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description L 7 BLK 2 BOEYES ADD
Tax Annual Amount 2986
Legal Description L 7 BLK 2 BOEYES ADD

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Baseboard, Forced Air, Natural Gas
Cooling system Central Air, Window Unit(s)
Water source Public

Amenities

conference room
reception area
zoned HVAC

Building Details

Year built 1920
Flooring type Carpet, Vinyl
Building materials Brick, Block, Frame, MetalSiding
Roof type Rolled Hot Mop
Architectural style Other
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Matt Grohe · License #S43998000
Added: Sep 8 Last Checked: Sep 10 at 6:06PM
MLS# 748890

Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. 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.

This two-story brick mixed-use property includes retail and office areas with open space, a conference room, reception area, four offices, two restrooms, and zoned HVAC. The second floor contains a two-bedroom, one-bath efficiency apartment with loft-style ceilings. The unfinished lower level provides additional storage potential, while the apartment includes a microwave, refrigerator, and stove.

Located in downtown Clear Lake at 12 N 4th Street, the property has a front entrance on N 4th Street and an alley entrance to the north. It sits on a 0.07-acre lot and is zoned Com. Public water and sewer serve the building. The structure was built in 1920 and features rolled hot-mop roofing.

Key Highlights

  • Two‑story brick mixed‑use building constructed in 1920
  • Retail and office layout with open areas, conference room, reception area, four offices, and two restrooms
  • Second‑floor 2bd, 1ba efficiency apartment with loft‑type ceilings

Property Analytics

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Current Use

Clear Lake Mirror ... Publishing House Patrick B. Byrne Law Firm

Suggested Use

Top Pick Big Box & Wholesale Store Auto Repair Shop HVAC Service Law Firm Daycare Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

567
Businesses Nearby

Demographics for 50428, IA

9,290
Population
5,630
Households
1.7
Avg Household Size
50
Median Age
32%
College-Educated
97%
High-School Grad
117.3 sq mi
ZIP Area
79
Density / Sq Mi
$72,932
Median Household Income
$42,235
Median Earnings
$769
Median Rent
$253,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown commercial property combines flexible office and retail areas with an upstairs apartment and unfinished lower-level storage potential.
Where is this mixed-use property located?
The property is located at 12 N 4th Street Clear Lake, IA.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Two‑story brick mixed‑use building constructed in 1920; Retail and office layout with open areas, conference room, reception area, four offices, and two restrooms; Second‑floor 2bd, 1ba efficiency apartment with loft‑type ceilings
More about this property
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