712 HWY 18 EClear Lake, IA 50428

Commercial · 3,879 Sq. ft. | 0.45 Acres
$468,000 Active - Contingent

712 HWY 18 E Overview

Time on Site:
530 days
Visits:
205

Prime Location and Commercial Property in Clear Lake. High traffic location in town, at the corner of Highway 18 East and N. 8th St. 3879 Sq. Ft Building with almost half acre Lot (.445 acre). Building consists of a 2 Bay Service Shop connected to 124 x 24 feet of Sales, Office and Showroom space. Generous sized parking lot. Most recently home to a Recreational Rental business, providing canoes, kayaks, bikes, pontoons, and all forms of Recreational equipment. Great for Retail, Office, Auto Sales/Service or many more options. With this Prime Highway 18 corridor traffic location the lot would be the perfect opportunity to do a complete rebuild and new business. Close to downtown Clear Lake and the Lake. Well connected, close to Interstate 35 and Avenue of the Saints. CH-1 zoning (Commercial Highway Zone) allows much opportunity and flexibility.

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712 HWY 18 E Facts & Features

  • Type Commercial
  • Sq. ft. 3,879
  • Price/Sq.ft. $121
  • Lot 0.45 Acres

Details

General

Listing Information

  • Contingency: None

Building Information

  • Year Built: 1951

Business Information

  • Current Use: Business,Recreational

Location/Region

  • County Or Parish: Cerro Gordo
  • Postal City: Clear Lake

Tax Information

  • Tax Annual Amount: 6414
  • Tax Year: 2024

General Information

  • Parcel Number: 051247702000
  • Possible Use: Diversified,Medical/Dental,Office,Professional/Office,Rest/Lounge,Service Station,Services,Warehouse,Other
  • Property Type: Commercial Sale

Interior

Parking Information

  • Garage Spaces: 3

Building Interior

  • Building Area Total: 3879

General Information

  • Accessibility Features: No Stairs Internal
  • Cooling: Central Air
  • Heating: Forced Air
  • Living Area Units: Square Feet

Exterior

Parking Information

  • Open Parking Spaces: 20
  • Parking Features: Outside,Asphalt,Paved

Lot Information

  • Lot Size Acres: 0.45
  • Lot Size Dimensions: .445 Acre. 19,383 Sq. Ft.
  • Lot Size Square Feet: 19602
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Business
  • Construction Materials: Block,Metal Siding,Wood Siding

General Information

  • Number Of Units Total: 1
  • Sewer: City Sewer/Connected
  • Utilities: Electric Separate,Heating Separate,Hot Water Separate

712 HWY 18 E Neighborhood

Community

50428 (CLEAR LAKE) Demographics

52
Median Age
74
Population Density (per sq. mile)
47%
College Educated
$62,268
Estimated Median Income
3,017
Estimated Total Home Owners
1,073
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

712 HWY 18 E Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

712 HWY 18 E Market Data

Based on the last 30 days in this zip code

$755,331
Average List Price
$339
Average Price per Square Foot
18
Properties Sold
131
Average Days on Market
154
Properties for Sale
Calculations provided by Reliance Network

712 HWY 18 E History

Date Event Value Agent
6/8/2026Source: NoCoast MLS Status Change
Active - Contingent
7/23/2025Source: NoCoast MLS Price Reduction
$468,000 -2.1%
6/14/2025Source: NoCoast MLS Price Reduction
$478,000 -4.0%
5/2/2025Source: NoCoast MLS Price Reduction
$498,000 -4.0%
2/21/2025Source: NoCoast MLS Added to Database
February 21, 2025
2/21/2025Source: NoCoast MLS Added to Database
February 21, 2025
Listing provided courtesy of Century 21 PreferredNoCoast MLS- MLS# 6324285MLS Provider