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

747 Central Avenue, Northwood, IA 50459

COMMERCIAL - Other - Northwood, IA

Property SizeContact for details
Lot Size0.06 Acres
Days on Market98

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: Aug 19 Last Checked: Aug 20 at 2:06PM
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 two-level mixed-use property combines a currently operating retail shop with historic character and contemporary updates. Sandstone accents complement the wood-sided exterior, while the main floor includes a newer full kitchen that supports the existing retail setup and other commercial configurations described for the space.

The upper level provides room for two apartments, lofts, or live/work arrangements. On-street parking serves the property, with window-unit cooling and public water in place. Located at 747 Central Avenue in downtown Northwood, the building offers a compact commercial footprint with retail space below and additional upper-floor area for expansion or alternative use.

Key Highlights

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

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

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Main-level retail space includes a newer full kitchen alongside updated interior features.
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 located in the rear portion of the main floor
More about this property
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