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Investment Highlights

  • Prime Highway 18 visibility.
  • Highly trafficked thoroughfare.

Executive Summary

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.

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
2,300 SF
Building Class
C
Year Built/Renovated
1951/1994
Price
$641,160 CAD
Price Per SF
$278.77 CAD
Building Height
1 Story
Building FAR
0.12
Lot Size
0.43 AC
Zoning
C-CBD/C BUS COM - Central Business District and Business Commercial
Parking
16 Spaces (6.96 Spaces per 1,000 SF Leased)
Frontage
174’ on U.S. 18
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Nearby Major Retailers

Fareway Meat & Grocery
Bennigan's
Scooter's Coffeehouse

Property Taxes

Property Taxes

Parcel Number
05-12-477-02-000
Land Assessment
$135,731 CAD
Improvements Assessment
$337,673 CAD
Total Assessment
$473,404 CAD
  • Listing ID: 35792115

  • Date on Market: 2025-05-08

  • Last Updated:

  • Address: 712 Hwy 18 E, Clear Lake, IA 50428

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