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Divisible Office Building
For Sale
$199,999

223 Central Avenue W, Clarion, IA 50525

COMMERCIAL - Other - Clarion, IA

Property SizeContact for details
Lot Size0.17 Acres
Days on Market866

Property Features for 223 Central Avenue W

General Information

Property type Commercial Sale
Property subtype Other
Zoning Business/Commercial,Other
Lot features Corner Lot
Directions This property is located right on Highway 3 at 2nd Street
Standard status Active
APN 0731367003
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2022
Tax Description S 76' OF LOT 5 EXC E 3' & STRIP 33' WIDE ADJ SAME ON WEST BLOCK 13 ORIG
Tax Annual Amount 2450
Legal Description S 76' OF LOT 5 EXC E 3' & STRIP 33' WIDE ADJ SAME ON WEST BLOCK 13 ORIG

Utilities

Heating system Forced Air, Ductless (Heating)
Cooling system Central Air, Ductless
Water source Public

Building Details

Year built 1947
Number of units 2
Flooring type Carpet, Vinyl
Building materials Stucco
Roof type Metal
Architectural style Other
Listing Agency: HomeLand Realty
Listed By: Darren Robinson · License #S64894
Added: Apr 7, 2024 Changed: Aug 19 Last Checked: Aug 20 at 3:06AM
MLS# 6316098

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 office property at 223 Central Avenue W is configured for use as one operation or as two separate office areas. One section includes five offices, a bathroom, and a large lobby or waiting area. The second section has an additional office, bathroom, and its own entrance lobby or waiting area. The building has received updates within the last 10 years and includes carpet and vinyl flooring, stucco construction, a metal roof, forced-air and ductless heating, and central air and ductless cooling.

The property is positioned on Highway 3 in Clarion, Iowa, and is zoned Business/Commercial, Other. All doors measure 36 inches, and both bathrooms are large enough to accommodate a wheelchair. Public water serves the building. The layout and separate entrances provide flexibility for continued single-user occupancy or two rental areas.

Key Highlights

  • Two office areas can function together or as separate rentals
  • First section includes 5 offices, 1 bathroom, and a large lobby/waiting area
  • Second section has 1 office, 1 bathroom, and a separate entrance lobby/waiting area

Property Analytics

Current Use

K & L Technical ... Tech Support Center Farm Bureau Financial ... Financial Advisor

Suggested Use

Top Pick HVAC Service Auto Parts Store Bakery Law Firm Kitchen & Bath Showroom (Bike/Boat/Book/etc) 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
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

296
Businesses Nearby

Demographics for 50525, IA

3,494
Population
1,852
Households
1.9
Avg Household Size
42
Median Age
25%
College-Educated
92%
High-School Grad
136.1 sq mi
ZIP Area
26
Density / Sq Mi
$59,875
Median Household Income
$38,661
Median Earnings
$763
Median Rent
$117,300
Median Home Value

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?
Office units - Two separately accessible office areas support flexible occupancy or leasing.
Where is this office units located?
The property is located at 223 Central Avenue W Clarion, IA.
What is the asking price?
The asking price for this property is $199,999.
What are key features of this property?
This property features: Two office areas can function together or as separate rentals; First section includes 5 offices, 1 bathroom, and a large lobby/waiting area; Second section has 1 office, 1 bathroom, and a separate entrance lobby/waiting area
More about this property
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