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Downtown Mixed-Use Building
For Sale
$99,900

207 N 13th Street, Centerville, IA 52544

Commercial Sale, Centerville, IA

Property SizeContact for details
Days on Market67

Property Features for 207 N 13th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Business/Commercial
Parking features On Street
Directions Located on the southeast side of the Centerville Square.
Standard status Active
APN 341011001080000

Taxes and HOA fees

Tax Year 2024
Tax Description full legal to come from abstract
Tax Annual Amount 1470
Legal Description full legal to come from abstract

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1900
Number of units 1
Flooring type Wood
Building materials Brick, Fiber Cement
Roof type Rubber
Architectural style Other
Listing Agency: Hometown Realty
Listed By: Andrea Tilley · License #***
Added: Jul 23 Changed: Sep 7 Last Checked: Sep 27 at 8:06AM
MLS# 6340748

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This mixed-use property combines a commercial main level with an upper-level apartment in a building constructed in 1900. The approximately 2,000-square-foot commercial area is currently configured as a fully licensed, full-service restaurant and includes dining tables, chairs, two stoves, a three-compartment sink, and attached items. Brick and fiber cement construction, wood flooring, forced-air heat, central air, a rubber roof, and public water service are also in place.

The approximately 800-square-foot apartment has new front windows, a separate electric meter, and new electric baseboard heaters ready for installation. Renovation materials purchased for the apartment remain with the property. Located at 207 N 13th Street in Centerville, the building occupies the southeast corner of the historic town square and is zoned Business/Commercial. Parking is available on street, while additional business equipment may be negotiated separately with an acceptable offer.

Key Highlights

  • Approximately 2,000 square feet of main‑level commercial space
  • Approximately 800 square feet of upper‑level apartment space
  • Currently configured as a fully licensed, full‑service restaurant

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Electrical Service Plumbing Service Bakery Grocery & Convenience Store HVAC Service Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

518
Businesses Nearby
69k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 47% Groceries 32% Dining 18% Electronics 3%
Centerville #4 Shops & Services
19,166 visits/mo 0.3 miles
Hy-Vee Groceries
12,978 visits/mo 0.4 miles
Fareway Groceries
8,706 visits/mo 0.4 miles
Dollar Tree Shops & Services
8,081 visits/mo 0.2 miles
Hardee's Dining
7,130 visits/mo 0.2 miles

Demographics for 52544, IA

7,481
Population
4,096
Households
1.8
Avg Household Size
44
Median Age
19%
College-Educated
88%
High-School Grad
138.3 sq mi
ZIP Area
54
Density / Sq Mi
$45,257
Median Household Income
$36,792
Median Earnings
$779
Median Rent
$114,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick commercial property with restaurant improvements, an upper-level apartment, and Business/Commercial zoning.
Where is this mixed-use property located?
The property is located at 207 N 13th Street Centerville, IA.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Approximately 2,000 square feet of main‑level commercial space; Approximately 800 square feet of upper‑level apartment space; Currently configured as a fully licensed, full‑service restaurant
More about this property
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