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Historic Mixed-Use Building
For Sale
$136,000

747 Central Avenue, Northwood, IA 50459

Commercial Sale, Northwood, IA

Property SizeContact for details
Lot Size0.06 Acres
Days on Market147

Property Features for 747 Central Avenue

General Information

Property type Commercial Sale
Property subtype Other
Parking features On Street
Directions call listing agent
Standard status Active
APN 03-32-226-026
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description NORTHWOOD JONES LOT 1
Tax Annual Amount 798
Legal Description NORTHWOOD JONES LOT 1

Utilities

Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1890
Number of units 1
Building materials Wood Siding
Architectural style Other
Listing Agency: Century 21 Preferred
Listed By: Julie Hagen Robb · License #B41350002
Added: May 15 Changed: Sep 7 Last Checked: Oct 8 at 3:06AM
MLS# 6338376

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.

Built in 1890, this mixed-use property at 747 Central Avenue features wood siding and sandstone accents in downtown Northwood. The main level is operating as a retail shop and retains historic character alongside modern updates. A newer full kitchen occupies the rear portion, adding functional flexibility to the existing commercial layout.

The upper level provides space for two apartments, lofts, or live/work arrangements. The 0.06-acre property includes on-street parking, public water, and window unit cooling. Its central downtown setting places the building within Northwood’s commercial core, while the combination of retail space, kitchen improvements, and upper-level area supports a range of documented mixed-use configurations.

Key Highlights

  • 1890 construction with sandstone accents and wood siding
  • Main level currently operates as a retail shop
  • Newer full kitchen in the rear portion of the building

Property Analytics

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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

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
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown property combines retail space, a newer full kitchen, and upper-level room for additional configurations.
Where is this mixed-use property located?
The property is located at 747 Central Avenue 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: 1890 construction with sandstone accents and wood siding; Main level currently operates as a retail shop; Newer full kitchen in the rear portion of the building
More about this property
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