Versatile Commercial Property on
20120 Highway 2, Centerville, IA 52544
Income-producing commercial property with multiple business possibilities on 1.7 acres.
Type:Industrial, Office, Retail
Property size:
8,560 SFLot size:
1.70 AcresPrice / SF:
$42/SF- Added:
- Feb 27, 2026
- Days on Market:
- 76
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 20120 Highway 2
General Information
- Standard status
- Active
- Size
- 8,560 SF
- Lot size
- 1.70 Acres
- Property subtype
- Industrial, Office, Retail
Building Details
- Year Built
- 1979
Listing agent John Durling License #S71387000
Listing office Iowa Realty South Lakes
Listing date Feb 27, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Iowa Realty South Lakes
HighLights
- Income‑producing commercial property featuring a veterinary clinic and commercial office space, including a 2‑bedroom apartment.
- Prime highway location on 1.7 acres offering high visibility and accessibility.
- Versatile 8,560 sq ft multi‑purpose building adaptable for various business ventures.
- Two‑story former day spa addition with geothermal heating and a flexible, plumbed layout ideal for spa, medical, or wellness use.
- Lower level of spa addition converted to living space, expanding residential or rental options.
- Potential for expansion with up to 55 adjoining acres of pasture with four ponds available for purchase.
Overview
This commercial property offers 8,560 square feet of space on 1.7 acres. The multi-purpose building is divided to accommodate multiple business ventures. Currently, the property includes a fully equipped veterinary clinic set up for both large and small animal care, featuring a dedicated grooming area and 10 rear kennels. Additionally, there is commercial office space that includes a 2-bedroom apartment upstairs, providing additional rental income or convenient on-site living. A two-story former day spa addition, constructed in 2014 with geothermal heating and designed for flexibility, is also part of the property. The spa wing is plumbed with hot and cold water plus drains in six individual rooms, allowing for an easy transition back to a fully operational spa or adaptation for medical, wellness, or professional use. The lower level has been converted to living space, further expanding residential or rental options. The property's location on Highway 2, its flexible layout, and income-producing potential offer possibilities for medical, wellness, professional offices, multi-tenant investment, or live/work conversion. Up to 55 adjoining acres of pasture with four ponds are available for purchase, providing expansion opportunities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- Centerville
- County
- Appanoose
- State
- Iowa
- Longitude
- -92.90345
- Latitude
- 40.739674
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Income-producing commercial property with multiple business possibilities on 1.7 acres.
Where is this mixed-use property located?
The property is located at 20120 Highway 2 Centerville, IA.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Income‑producing commercial property featuring a veterinary clinic and commercial office space, including a 2‑bedroom apartment.; Prime highway location on 1.7 acres offering high visibility and accessibility.; Versatile 8,560 sq ft multi‑purpose building adaptable for various business ventures.
