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Historic Downtown Mixed-Use Building
For Sale
$136,000

747 Central Ave, Northwood, IA 50459

Stunning 1890 building in the heart of downtown Northwood.

Property SizeContact for details
Days on Market109

Property Features for 747 Central Ave

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $798
Listing Agency: Century 21 Preferred
Listed By: Julie Hagen Robb · License #B41350002
Source: Exprealty
Added: May 15 Changed: Aug 21 Last Checked: Aug 30 at 9:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Preferred

Investment Insights

Based on property information with market context.

This stunning 1890 building with sandstone accents is located in the heart of downtown Northwood. The main level, currently operating as a retail shop, blends historic character with modern updates. A newer full kitchen in the back opens possibilities for retail, café, bakery, event space, studio, office space, mixed-use investment, and more. The upper level offers an opportunity for expansion and income potential, with space for two apartments, lofts, or live/workspace. This property offers historic charm, an unbeatable downtown presence, income potential, and flexible space.

Key Highlights

  • Prime downtown location with high visibility
  • Income potential from upper‑level apartment/loft space
  • Flexible space suitable for retail, cafe, office, or mixed‑use

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Pharmacy Grocery & Convenience Store Plumbing Service

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

190
Businesses Nearby
Under-served
Demand for This Use

Demographics for 50459, IA

3,087
Population
1,341
Households
2.3
Avg Household Size
43
Median Age
22%
College-Educated
92%
High-School Grad
142.8 sq mi
ZIP Area
22
Density / Sq Mi
$76,053
Median Household Income
$41,338
Median Earnings
$690
Median Rent
$148,000
Median Home Value

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Stunning 1890 building in the heart of downtown Northwood.
Where is this storefront property located?
The property is located at 747 Central Ave Northwood, IA.
What is the asking price?
The asking price for this property is $136,000.
What are key features of this property?
This property features: Prime downtown location with high visibility; Income potential from upper‑level apartment/loft space; Flexible space suitable for retail, cafe, office, or mixed‑use
More about this property
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