Clear Lake, IA Retail Space for Sale

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Ventura, IA Mason City, IA Garner, IA Manly, 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 21

Mixed-Use Office & Retail Building

12 N 4th Street, Clear Lake, IA 50428

$389,900

0.07 AC lot

Spacious 2‑story brick retail/office building in downtown Clear Lake
Lower level includes open space, conference room, reception area, four offices, and two restrooms
Zoned HVAC and central air; forced‑air natural gas heating
Second floor has a 2BD/1BA efficiency apartment with loft‑style ceilings and downtown view
Front entrance on N 4th St plus an alley entrance to the north

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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 64 Potential Opportunities for your consideration. Besides 4 Active listings in Clear Lake, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 55 Off-Market properties to explore as potential leads, plus 1 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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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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Commercial Property with Two Buildings

1412 Central Avenue W, Clarion, IA 50525

$215,000

5,000 sqft

Commercial property featuring two buildings with office and storage space.

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7200 SF Commercial/Storage Building

1302 Central Avenue E, Clarion, IA 50525

$220,000

7,200 sqft

7200 SF building suitable for commercial or storage use.

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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.

PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000

2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

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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.

RETAIL STORES (PERSONAL SERVICES)

418 Main Ave, Clear Lake, IA 50428-1827

$670,000

Value Estimation by Request

1,922 sqft

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RETAIL STORES (PERSONAL SERVICES)

538 Us Hwy 18th W, Clear Lake, IA 50428-1109

Value Estimation by Request

2,201 sqft 0.22 AC lot

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Clear Lake, IA Retail Space Market Trends and Statistics

Explore 59 retail space for sale in Clear Lake, IA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 9,879 square feet of properties for sale, with an estimated market value of $2,025,900.

Sale prices for retail space in Clear Lake, IA start at $389,900, averaging $506,475, 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 Space for Sale

402 S 15th Street, 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

402 Indianhead Dr, Mason City, IA 50401

1412 Central Avenue W, Clarion, IA 50525

1302 Central Avenue E, Clarion, IA 50525

Potential Development Sites for Consideration

3229 State Road 207, Elkton, FL 32033

Off-Market Properties in Clear Lake, IA

418 Main Ave, Clear Lake, IA 50428-1827

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

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

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

403 Main Ave, Clear Lake, IA 50428-1826

9 Plz Dr, Clear Lake, IA 50428-2097

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

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

417 Main Ave, Clear Lake, IA 50428-1826

477 Shr Dr, Clear Lake, IA 50428-1374

2 4th St, Clear Lake, IA 50428-1815

423 Main Ave, Clear Lake, IA 50428-1826

303 Main Ave, Clear Lake, IA 50428-1824

310 12th Main Ave, Clear Lake, IA 50428-1825

10478 265th St, Clear Lake, IA 50428-8541

507 Main Ave, Clear Lake, IA 50428-1828

7 8th St, Clear Lake, IA 50428-1978

808-812 Hwy 18th W, Clear Lake, IA 50428

217 Main Ave, Clear Lake, IA 50428-1822

538 Us Hwy 18th W, Clear Lake, IA 50428-1109

Clear Lake, IA Retail Space 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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