Mixed-Use

Centerville, IA Mixed-use Properties for Sale

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Numa, IA Exline, IA Mystic, IA
Versatile Commercial Property on Highway
Updated: Feb 27
Versatile Commercial Property on Highway

20120 Highway 2, Centerville, IA 52544

$360,000
8,560 sqft · 1.70 AC lot
Income‑producing commercial property featuring a veterinary clinic and commercial office space, including a 2‑bedroom apartment.
Prime highway location on 1.7 acres offering high visibility and accessibility.
Versatile 8,560 sq ft multi‑purpose building adaptable for various business ventures.
Two‑story former day spa addition with geothermal heating and a flexible, plumbed layout ideal for spa, medical, or wellness use.
Lower level of spa addition converted to living space, expanding residential or rental options.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Centerville, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Versatile Shop with Living Quarters
Versatile Shop with Living Quarters

6547 157th Trail, Albia, IA 52531

$420,000
1.24 AC lot

60x200 shop with living space near Albia, Iowa.

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Commercial Building Near Highway 5
Commercial Building Near Highway 5

2062 653rd Ave, Albia, IA 52531

$575,000
6,032 sqft

6,032 SF commercial building on 1.21 acres near Highway 5.

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Modern Restaurant Building For Sale
Modern Restaurant Building For Sale

1702 S Baltimore St, Kirksville, MO 63501

$1,400,000
2,992 sqft

Established restaurant in high-traffic area with highway frontage.

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Prime Commercial Property on Baltimore
Prime Commercial Property on Baltimore

1606 N Baltimore St, Kirksville, MO 63501

$979,000
196,020 sqft · 4.50 AC lot

4.5-acre commercial property with high visibility and accessibility.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land Near Lake Rathbun
Commercial Land Near Lake Rathbun

158 Lake Drive, Melrose, IA 52569

$129,000
2.76 AC lot

Commercial land with frontage on Hwy S70 near Lake Rathbun.

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Des Moines Development Opportunity
Des Moines Development Opportunity

3101 SE 22nd Street, Des Moines, IA 50320

$300,000
1.92 AC lot

1.92 acres of land zoned RX1 in Des Moines.

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Des Moines Development Opportunity
Des Moines Development Opportunity

3101 SE 22nd St, Des Moines, IA 50320

$300,000
1.92 AC lot

1.92 acres of land suitable for various development projects.

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Des Moines Development Opportunity
Des Moines Development Opportunity

2515 24th St, Des Moines, IA 50310

$240,000

Prime development opportunity near downtown and medical facilities.

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Centerville, IA Mixed-Use Properties Market Trends and Statistics

Explore 1 mixed-use properties for sale in Centerville, IA on our real estate platform. These investment opportunities span a total of 8,560 square feet of properties for sale, with an estimated market value of $360,000.

Sale prices for multi use buildings in Centerville, IA start at $360,000, averaging $360,000, and reaching up to $360,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 8,110
Population Growth (5Y) +10.1%
Median Household Income $45,257
College Educated 23.0%

High-Yield Neighborhoods for Investment

Identify Centerville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
52544 $360K

Taxes & Financing

Tax Rate (average for all types) 2.97%
Property Tax per SF $41.17 per SF
Tax Rate vs County Average 0.31 pp above county avg
Average Loan-to-Value 65.0%

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