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    Clear Lake, IA
    Mixed-Use

    Clear Lake, IA Mixed-use Properties for Sale

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    Ventura, IA Mason City, IA Garner, IA Manly, IA Forest City, IA Rockford, IA Meservey, IA Northwood, IA
    Two-Story Brick Mixed-Use Building
    Updated: Nov 21, 2025
    Two-Story Brick Mixed-Use Building

    12 N 4th St, Clear Lake, IA 50428

    $389,900
    4,036 sqft
    4,036‑square‑foot mixed‑use building constructed in 1920
    Two‑story brick construction in downtown Clear Lake
    Main level includes open space, conference room, reception, four offices, and two restrooms
    Second‑floor 2bd, 1ba efficiency apartment with loft‑type ceilings
    Zoned HVAC serves the retail and office area
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    This listing looks promising.

    Here's a quick look at some key insights for

    12 N 4th St, Clear Lake, IA 50428

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    • Est. Cap Rate

      8%
      Above avg (5.9%)

    • Est. NOI

      $31K
      Annual

    • Price @ 7% Cap

      $446K
      Above asking

    • Last Sold

      Nov 2022
      $142K

    • Property Type

      Light Industrial
      Built 2021
    View Property Analytics
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Clear Lake, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Quadplex with Commercial Space
    Quadplex with Commercial Space

    220 E 7th Street, Albert Lea, MN 56007

    $249,900
    2,800 sqft 0.16 AC lot

    Four-unit property with a flexible commercial area, detached garage, carport, and gravel parking lot.

    View details
    Plaza Shopping Center Package
    Plaza Shopping Center Package

    10 1st SE, Mason City, IA 50401

    $730,000
    4,554 sqft

    Six-parcel retail package with plaza storefronts, select apartments, mall-facing shops, and established tenants.

    View details
    Corner Retail and Multifamily Building
    Corner Retail and Multifamily Building

    202 S BROADWAY AVE, Albert Lea, MN 56007

    Contact for pricing
    9,801 sqft

    Turn-of-the-century corner redevelopment building with iconic terrazzo floors and a dry foundation.

    View details
    Downtown Mason City Mixed-Use Building
    Downtown Mason City Mixed-Use Building

    111 W State, Mason City, IA 50401

    Contact for pricing
    113,022 sqft

    Remodeled mixed-use building in downtown Mason City with ample parking.

    View details

    Off-Market Properties in Clear Lake, IA

    Consider similar Off-Market properties in Clear Lake, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    10 3rd St
    OFFICE/RESIDENTIAL (MIXED USE)

    10 3rd St, Clear Lake, IA 50428-1813

    $245,000
    Estimated value
    1,920 sqft 0.03 AC lot
    View details
    302 Main Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    302 Main Ave, Clear Lake, IA 50428-1825

    $245,000
    Estimated value
    3,519 sqft 0.06 AC lot
    View details
    809 40th St
    OFFICE/RESIDENTIAL (MIXED USE)

    809 40th St, Clear Lake, IA 50428-4101

    $235,000
    Estimated value
    1,904 sqft
    View details

    Clear Lake, IA Mixed-Use Properties Market Trends and Statistics

    Explore 4 mixed-use properties for sale in Clear Lake, IA on our real estate platform. These investment opportunities span a total of 4,036 square feet of properties for sale, with an estimated market value of $389,900.

    Sale prices for multi use buildings in Clear Lake, IA average $389,900 — 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 9,093
    Population Growth (5Y) -2.6%
    Median Household Income $72,932
    College Educated 43.7%

    Taxes & Financing

    Tax Rate (average for all types) 1.86%
    Property Tax per SF $22.31 per SF
    Tax Rate vs County Average 0.31 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cerro Gordo County

    New Delisted

    Total CRE Inventory on Market (SF)

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