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    Clear Lake, IA
    Retail

    Clear Lake, IA Retail Properties & Spaces for Sale

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    Ventura, IA Mason City, IA Garner, IA Manly, IA Forest City, IA Rockford, IA Meservey, IA Northwood, IA
    Flex Space with Service Bays
    Updated: Jan 16, 2025
    Flex Space with Service Bays

    712 HWY 18 E, Clear Lake, IA 50428

    $468,000
    3,879 sqft 0.44 AC lot
    3,879 SF building on Highway 18 East in Clear Lake
    Two‑bay service shop connected to sales, office, and showroom space
    124 x 24 feet of connected sales, office, and showroom area
    Corner position at Highway 18 East and N. 8th Street
    Central air, metal roof, and block/frame construction
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    712 HWY 18 E, CLEAR LAKE, IA 50428

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    • Est. Cap Rate

      6.4%
      Above avg (5.9%)

    • Est. NOI

      $30K
      Annual

    • Mortgage

      $600K
      May 2023

    • Last Sold

      May 2023
      $305K

    • Property Type

      Service Station (Full Service)
      Built 1951
    View Property Analytics
    Highway Flex Property With Service Bays
    Updated: Jan 16, 2025
    Highway Flex Property With Service Bays

    712 HWY 18 E, Clear Lake, IA 50428

    $468,000
    0.45 AC lot
    3,879 Sq. Ft building with a connected 2 Bay Service Shop
    124 x 24 feet of Sales, Office and Showroom space
    Corner location at Highway 18 East and N. 8th St.
    CH‑1 Commercial Highway Zone zoning
    Generous sized parking lot
    View details
    Based on your search, we've compiled 78 Potential Opportunities for your consideration. Besides 2 Active listings in Clear Lake, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 2 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.

    Multi-Tenant Strip Retail Property
    Multi-Tenant Strip Retail Property

    402 Indianhead Dr, Mason City, IA 50401

    $1,400,000
    6,148 sqft 0.99 AC lot

    Three-suite retail building with Subway and US Cellular occupancy in a multi-use zoning district.

    View details
    Freestanding Retail Building on Highway
    Freestanding Retail Building on Highway

    2471 4th Street SW, Mason City, IA 50401

    $550,000
    4,000 sqft

    Freestanding retail building with great visibility and flexible zoning.

    View details
    Multi-Tenant Retail Storefront
    Multi-Tenant Retail Storefront

    402 Indianhead Dr, Mason City, IA 50401

    Contact for pricing
    6,148 sqft

    Three-suite retail property leased to Subway and US Cellular near Indianhead Square.

    View details
    Single-Tenant Jiffy Lube Investment
    Single-Tenant Jiffy Lube Investment

    2441 4th St SW, Mason City, IA 50401

    Contact for pricing

    Absolute NNN Jiffy Lube property operated and backed by Jiffy Lube International under a corporate lease.

    View details

    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.

    Vacant Land in Mason City
    Vacant Land in Mason City

    1960 S Federal, Mason City, IA 50401

    $69,900

    Commercial land available in Mason City, Iowa.

    View details
    Commercial Land Near Highway Access
    Commercial Land Near Highway Access

    4th Street NE, Britt, IA 50423

    Contact for pricing
    0.87 AC lot

    Commercial land with town connectivity and direct proximity to Highway 18.

    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.

    612 Buddy Holly Pl
    BARBER, HAIR SALON

    612 Buddy Holly Pl, Clear Lake, IA 50428-1364

    $230,000
    Estimated value
    1,800 sqft 0.07 AC lot
    View details
    418 Main Ave
    RETAIL STORES (PERSONAL SERVICES)

    418 Main Ave, Clear Lake, IA 50428-1827

    $670,000
    Estimated value
    9,240 sqft 0.28 AC lot
    View details
    12 3rd St
    RESTAURANT

    12 3rd St, Clear Lake, IA 50428-1808

    $345,000
    Estimated value
    3,243 sqft 0.13 AC lot
    View details
    1115 10th N Ave
    RETAIL STORES (PERSONAL SERVICES)

    1115 10th N Ave, Clear Lake, IA 50428-1437

    $250,000
    Estimated value
    3,900 sqft 0.16 AC lot
    View details
    1919 Us Hwy 18th E
    FINANCIAL BUILDING

    1919 Us Hwy 18th E, Clear Lake, IA 50428

    $1,785,000
    Estimated value
    4,622 sqft 0.99 AC lot
    View details
    3101 Willow Crk Ct
    VEHICLE SALES, RENTALS

    3101 Willow Crk Ct, Clear Lake, IA 50428-8526

    $6,015,000
    Estimated value
    9,616 sqft 5.20 AC lot
    View details
    300 1st N Ave
    FINANCIAL BUILDING

    300 1st N Ave, Clear Lake, IA 50428-1807

    $490,000
    Estimated value
    1,654 sqft 0.20 AC lot
    View details
    444 Shr Dr
    RESTAURANT

    444 Shr Dr, Clear Lake, IA 50428-1373

    $335,000
    Estimated value
    2,964 sqft 0.11 AC lot
    View details
    514 Buddy Holly Pl
    RETAIL STORES (PERSONAL SERVICES)

    514 Buddy Holly Pl, Clear Lake, IA 50428-1375

    $445,000
    Estimated value
    7,680 sqft 0.21 AC lot
    View details
    904 8th St
    RETAIL STORES (PERSONAL SERVICES)

    904 8th St, Clear Lake, IA 50428-1412

    $300,000
    Estimated value
    2,088 sqft 0.40 AC lot
    View details
    3005 Willow Crk Ct
    VEHICLE SALES, RENTALS

    3005 Willow Crk Ct, Clear Lake, IA 50428-8515

    $1,965,000
    Estimated value
    5,843 sqft 5.23 AC lot
    View details
    403 Main Ave
    RETAIL STORES (PERSONAL SERVICES)

    403 Main Ave, Clear Lake, IA 50428-1826

    $220,000
    Estimated value
    3,525 sqft 0.10 AC lot
    View details
    800 Us Hwy 18th E
    FINANCIAL BUILDING

    800 Us Hwy 18th E, Clear Lake, IA 50428-1487

    $620,000
    Estimated value
    3,155 sqft 0.69 AC lot
    View details
    9 Plz Dr
    RETAIL STORES (PERSONAL SERVICES)

    9 Plz Dr, Clear Lake, IA 50428-2097

    $70,000
    Estimated value
    720 sqft 1.16 AC lot
    View details
    712 Us Hwy 18th E
    SERVICE STATION (FULL SERVICE)

    712 Us Hwy 18th E, Clear Lake, IA 50428-1423

    $245,000
    Estimated value
    3,879 sqft 0.44 AC lot
    View details
    850 Us Hwy 18th W
    RETAIL STORES (PERSONAL SERVICES)

    850 Us Hwy 18th W, Clear Lake, IA 50428-1112

    $315,000
    Estimated value
    3,904 sqft 0.48 AC lot
    View details
    10 Plz Dr
    DRIVE-THRU RESTAURANT, FAST FOOD

    10 Plz Dr, Clear Lake, IA 50428-2031

    $745,000
    Estimated value
    2,580 sqft 1.18 AC lot
    View details
    425 Main Ave
    RESTAURANT

    425 Main Ave, Clear Lake, IA 50428-1826

    $65,000
    Estimated value
    1,309 sqft 0.04 AC lot
    View details
    313 8th St
    RETAIL STORES (PERSONAL SERVICES)

    313 8th St, Clear Lake, IA 50428-1716

    $300,000
    Estimated value
    2,400 sqft 0.27 AC lot
    View details
    550 Us Hwy 18th E
    SHOPPING CENTER, STRIP CENTER

    550 Us Hwy 18th E, Clear Lake, IA 50428-1439

    $1,525,000
    Estimated value
    21,940 sqft 1.28 AC lot
    View details
    417 Main Ave
    RETAIL STORES (PERSONAL SERVICES)

    417 Main Ave, Clear Lake, IA 50428-1826

    $440,000
    Estimated value
    7,650 sqft 0.09 AC lot
    View details
    619 Buddy Holly Pl
    RESTAURANT

    619 Buddy Holly Pl, Clear Lake, IA 50428-1320

    $335,000
    Estimated value
    4,696 sqft 0.12 AC lot
    View details

    Clear Lake, IA Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Clear Lake, IA on our real estate platform. These investment opportunities span a total of 3,879 square feet of properties for sale, with an estimated market value of $936,000.

    Sale prices for stores in Clear Lake, IA average $468,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Auto shops 2
    Automotive properties 2

    Demographics Overview

    Population 9,093
    Population Growth (5Y) -2.6%
    Median Household Income $72,932
    College Educated 43.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    50428 $498.8K

    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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