Motivated Sellers!!!! Located directly on the town square, this approximately 1,800 sq. ft. commercial office property offers excellent visibility and a convenient downtown location. The space provides a versatile layout that could accommodate a variety of professional office, service, or business uses. Recent updates include a newer roof, heating and air conditioning system, water heater, and doors, providing several important improvements for the next owner. With its central location and established downtown presence, this property offers an opportunity to own commercial space in the heart of town. Whether you’re looking for a location for your own business or an investment property, this space is ready for its next chapter.
Price Improvement! Turn-Key Business Opportunity in Downtown Centerville! Great opportunity to own a Bar, it's currently known as "My Place Party Lounge" and it's located just one-half block from Centerville’s largest Square. This established business features a 1,600 sq. ft. building, 45-foot bar, ample seating, TVs for watching, stage for live music, pool table, and drink service. This Bar is known for it's great housekeeping of being kept clean and friendly atmosphere. The versatile space offers endless possibilities—continue the successful bar operation or transform it into retail, office space, or another business concept. Great downtown location with on-street parking and close to local businesses. Come take a look and imagine the possibilities!
Prime commercial property on N 18th Street in Centerville! This highly visible location offers excellent potential for retail, professional office space, service based businesses, investment use, and more. Convenient access and a strong commercial setting make this a great place to establish, relocate, or expand your business. Prime location. Great visibility. Endless potential. All inventory, furnishings and personal property are excluded.
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.
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.