Clear Lake, IA Retail Properties & Spaces for Sale

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Ventura, IA Mason City, IA Orange City, IA Garner, IA Forest City, IA Meservey, IA Northwood, IA Nora Springs, IA

Updated: Dec 4, 2025

Commercial Building with Warehouse Storage

402 S 15th Street, Clear Lake, IA 50428

$700,000

6,000 sqft 0.68 AC lot

Prime location on 4th Ave S with quick access to Interstate 35, maximizing visibility and customer traffic.
Spacious 50*60 finished showroom suitable for retail, office, or service‑based businesses.
Adjoining 50*60 storage/warehouse area with a large overhead door for easy deliveries.
Large paved parking lot on a 0.68‑acre corner lot, providing excellent exposure and room for expansion.
11*50 mezzanine with existing racking for additional storage and organization.

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This listing looks promising.

Here's a quick look at some key insights for

402 S 15th Street, Clear Lake, IA 50428

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Est. Cap Rate

6.6%
Above avg (5.9%)
Est. NOI

$46K
Annual
Price @ 7% Cap

$662K
Suggested
Property Type

Private Utility
Built 2000

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Updated: Jan 16, 2025

Commercial Property in Clear Lake

712 HWY 18 E, Clear Lake, IA 50428

$468,000

3,879 sqft 0.44 AC lot

Prime highway location at the corner of Highway 18 East and N. 8th St. with high traffic volume.
Large .445 acre lot offering potential for rebuild or expansion.
Versatile 3879 sq. ft. building suitable for retail, office, auto sales/service, or other businesses.
CH‑1 (Commercial Highway Zone) zoning provides flexibility for various business types.
Includes a 2‑bay service shop and showroom/office space.

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Mixed-Use Office & Retail Building

12 N 4th Street, Clear Lake, IA 50428

$389,900

0.07 AC lot

Two-story brick building with office and retail space plus a 2-bed efficiency apartment.

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Automotive Service and Retail Building

712 HWY 18 E, Clear Lake, IA 50428

$468,000

0.45 AC lot

Corner Highway 18 property with a 2-bay service shop plus sales, office, and showroom space on a sizable lot.

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Clear Lake Commercial Property

712 HWY 18 E, Clear Lake, IA 50428

$468,000

3,879 sqft 0.45 AC lot

Commercial property in Clear Lake with high traffic location.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Clear Lake, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, 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.

West Side Retail Property

402 Indianhead Dr, Mason City, IA 50401

$1,400,000

6,148 sqft 0.99 AC lot

Retail property with national tenants near Indianhead Square retail center.

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Mason City Commercial Opportunity

4499 4th SW, Mason City, IA 50401

$435,000

5,751 sqft 1.27 AC lot

Former equipment dealership building on 1.27 acres for sale.

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Multi-Tenant Retail Storefront

402 Indianhead Dr, Mason City, IA 50401

$1,400,000

6,148 sqft

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

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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.

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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.

Prime Commercial Land for Development

2955 9th Street SW, Mason City, IA 50401

$450,000

5.00 AC lot

5 acres near retailers and manufacturers, ideal for investment.

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Vacant Land in Mason City

1960 S Federal, Mason City, IA 50401

$69,900

Commercial land available in Mason City, Iowa.

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Commercial Land Near Highway 18

4th Street NE, Britt, IA 50423

Contact for pricing

0.87 AC lot

Commercial land with highway access in Britt, Iowa.

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Residential Land in Albert Lea

Stevens St, Albert Lea, MN 56007

$299,000

3.62 AC lot

3.62 acres of residential land ready for development.

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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.

BARBER, HAIR SALON

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

Value Estimation by Request

1,800 sqft 0.07 AC lot

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RETAIL STORES (PERSONAL SERVICES)

418 Main Ave, Clear Lake, IA 50428-1827

$670,000

Estimated value

9,240 sqft 0.28 AC lot

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RESTAURANT

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

Value Estimation by Request

3,243 sqft 0.13 AC lot

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RETAIL STORES (PERSONAL SERVICES)

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

Value Estimation by Request

3,900 sqft 0.16 AC lot

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FINANCIAL BUILDING

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

$1,895,000

Estimated value

4,622 sqft 0.99 AC lot

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VEHICLE SALES, RENTALS

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

$5,905,000

Estimated value

9,616 sqft 5.20 AC lot

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FINANCIAL BUILDING

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

Value Estimation by Request

1,654 sqft 0.20 AC lot

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RESTAURANT

444 Shr Dr, Clear Lake, IA 50428-1373

Value Estimation by Request

2,964 sqft 0.11 AC lot

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RETAIL STORES (PERSONAL SERVICES)

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

Value Estimation by Request

7,680 sqft 0.21 AC lot

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RETAIL STORES (PERSONAL SERVICES)

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

Value Estimation by Request

2,088 sqft 0.40 AC lot

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VEHICLE SALES, RENTALS

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

$2,195,000

Estimated value

5,843 sqft 5.23 AC lot

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RETAIL STORES (PERSONAL SERVICES)

403 Main Ave, Clear Lake, IA 50428-1826

Value Estimation by Request

3,525 sqft 0.10 AC lot

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FINANCIAL BUILDING

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

$675,000

Estimated value

3,155 sqft 0.69 AC lot

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RETAIL STORES (PERSONAL SERVICES)

9 Plz Dr, Clear Lake, IA 50428-2097

Value Estimation by Request

720 sqft 1.16 AC lot

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SERVICE STATION (FULL SERVICE)

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

Value Estimation by Request

3,879 sqft 0.44 AC lot

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RETAIL STORES (PERSONAL SERVICES)

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

Value Estimation by Request

3,904 sqft 0.48 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

10 Plz Dr, Clear Lake, IA 50428-2031

$765,000

Estimated value

2,580 sqft 1.18 AC lot

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RESTAURANT

425 Main Ave, Clear Lake, IA 50428-1826

Value Estimation by Request

1,309 sqft 0.04 AC lot

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RETAIL STORES (PERSONAL SERVICES)

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

Value Estimation by Request

2,400 sqft 0.27 AC lot

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

Explore 72 retail properties & spaces for sale in Clear Lake, IA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 13,758 square feet of properties for sale, with an estimated market value of $1,636,000.

Sale prices for stores in Clear Lake, IA start at $468,000, averaging $545,333, and reaching up to $700,000 — 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

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	$526K

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Cerro Gordo County

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Clear Lake, IA Retail Properties & Spaces for Sale

402 S 15th Street, Clear Lake, IA 50428

712 HWY 18 E, Clear Lake, IA 50428

12 N 4th Street, Clear Lake, IA 50428

712 HWY 18 E, Clear Lake, IA 50428

712 HWY 18 E, Clear Lake, IA 50428

Opportunities in Nearby Cities

402 Indianhead Dr, Mason City, IA 50401

4499 4th SW, Mason City, IA 50401

402 Indianhead Dr, Mason City, IA 50401

2471 4th Street SW, Mason City, IA 50401

Potential Development Sites for Consideration

2955 9th Street SW, Mason City, IA 50401

1960 S Federal, Mason City, IA 50401

4th Street NE, Britt, IA 50423

Stevens St, Albert Lea, MN 56007

Off-Market Properties in Clear Lake, IA

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

418 Main Ave, Clear Lake, IA 50428-1827

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

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

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

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

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

444 Shr Dr, Clear Lake, IA 50428-1373

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

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

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

403 Main Ave, Clear Lake, IA 50428-1826

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

9 Plz Dr, Clear Lake, IA 50428-2097

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

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

10 Plz Dr, Clear Lake, IA 50428-2031

425 Main Ave, Clear Lake, IA 50428-1826

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

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

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Office

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