Prime mixed-use investment opportunity on the historic Centerville Square! This substantial property offers approximately 15,040 sq. ft., featuring 7,520 sq. ft. of main-level commercial space and seven apartments above. The commercial space was previously used as an appliance store and offers excellent flexibility for retail, office, service, or other business opportunities. The seven apartments provide additional income-producing potential, making this an attractive opportunity for investors or owner-users. With its prominent location on the historic Centerville Square, this property offers excellent visibility and a unique opportunity to own a large mixed-use building in the heart of Centerville.
Prime commercial opportunity on the highly visible southeast corner of Centerville's historic town square! This well-maintained building offers approx. 2,000 sq. ft. of versatile main-level space, ideal for retail, office, restaurant, café, bakery, salon, boutique, or countless other business opportunities. Currently operating as a fully licensed, full-service restaurant, the seller intends to include the dining tables, chairs, two stoves, a three-compartment sink, and the other attached items, providing an excellent foundation for your next venture. The upper level features an approximately 800 sq. ft. apartment with new front windows, a separate electric meter, and new electric baseboard heaters ready for installation. Most of the renovation materials needed to complete the apartment have already been purchased and will remain with the property, offering an excellent opportunity to create additional rental income or comfortable owner-occupied living space. Whether you're looking to launch a new business, expand an existing one, or invest in a mixed-use downtown property, this building offers exceptional visibility, flexibility, and income potential. The property is being sold AS-IS; additional business equipment is negotiable with an acceptable offer. The seller will consider owner financing for qualified buyers, making this an even more attractive investment opportunity. Schedule your private showing today and discover the possibilities this downtown property has to offer.
Business-minded investors and entrepreneurs—don’t miss this rare opportunity to own a versatile, income-producing commercial property on 1.7 acres m/l along busy Highway 2, just west of Centerville. Offering 8,560 square feet of space, this multi-purpose building is thoughtfully divided to accommodate multiple business ventures. The property currently includes: Fully equipped Veterinary Clinic – Set up for both large and small animal care, featuring a dedicated grooming area and 10 rear kennels. Commercial Office Space – Includes a 2-bedroom apartment upstairs, providing additional rental income or convenient on-site living. Two-Story Former Day Spa Addition (2014) – Constructed with geothermal heating and designed for flexibility. The spa wing is plumbed with hot and cold water plus drains in six individual rooms, allowing for an easy transition back to a fully operational spa or adaptation for medical, wellness, or professional use. The lower level has been converted to living space, further expanding residential or rental options. With its prime highway location, flexible layout, and income-producing potential, this property offers endless commercial possibilities—medical, wellness, professional offices, multi-tenant investment, or live/work conversion. Additionally, up to 55 adjoining acres of pasture with four ponds are available for purchase, providing expansion opportunities. This property has versatility, infrastructure, and growth potential! Don't miss out!
Prime Office Space on Historic Centerville Square – 1,997 Sq. Ft. Take advantage of this opportunity to own a commercial building in a prime location on the Historic Centerville Square. This 1,997 sq. ft. property offers a charming setting surrounded by thriving local businesses, dining, and community events. The large display windows, multiple private offices or workspaces, two restrooms and ample storage. Whether you're looking to expand your business, start a new venture, or invest in a vibrant and growing area, this property delivers the ideal combination of location, space, and potential. Don’t miss your chance to be part of Centerville’s revitalization and historic charm — schedule your showing today
4,500 sq ft commercial building located near local shopping areas on the north side of Centerville, IA, just off Hwy 5. The property is offered as a building-only sale (businesses not included) and is fully leased, making it an excellent income-producing investment.The building is divided into two rental units. Unit One features office space, storage, and two bathrooms with showers, while Unit Two offers a storage area and one bathroom. Both units are currently occupied, with tenants including Snap Fitness and a spa facility, providing steady rental income for the new owner. With strong tenants, well maintained property with 16 parking spots and a convenient location near Hwy 5, this property is a solid commercial investment opportunity.
Albert Wright Page, License B62241000, Xome Inc., License FO5635000, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Centerville is located in Iowa. Centerville, Iowa has a population of 5,353. Centerville is less family-centric than the surrounding county with 23.15% of the households containing married families with children. The county average for households married with children is 24.51%.
The median household income in Centerville, Iowa is $39,447. The median household income for the surrounding county is $46,900 compared to the national median of $69,021. The median age of people living in Centerville is 47 years.
The average high temperature in July is 85.5 degrees, with an average low temperature in January of 14.1 degrees. The average rainfall is approximately 38.8 inches per year, with 24 inches of snow per year.
