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223 Central Ave W 2,500 SF Office Building Clarion, IA 50525 $200,000 ($80/SF)
INVESTMENT HIGHLIGHTS
- Prime Location at busiest intersection in the county
- Can be divided into two separate rental spaces
- Move in ready
EXECUTIVE SUMMARY
Location, Location, Location!! Located at the center point in Wright County right on Highway 3. Tons of updates in the last 10 years. Excellent building for many uses including office space, retail, or income property. Building can be seconded into 2 rentals or used all together. 5 offices and one bathroom on one side plus big lobby/waiting area. Second area has a separate office, bathroom, and entrance lobby/ waiting area. All doors are 36” and bathrooms are large to accommodate a wheelchair.
TAXES & OPERATING EXPENSES (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2023) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Lease Option
Property Type
Building Size
2,500 SF
Building Class
C
Year Built/Renovated
1947/2018
Price
$200,000
Price Per SF
$80
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,500 SF
Building FAR
0.34
Lot Size
0.17 AC
Parking
10 Spaces (4 Spaces per 1,000 SF Leased)
1 1
PROPERTY TAXES
| Parcel Number | 07-31-367-003 | Total Assessment | $170,100 (2025) |
| Land Assessment | $18,700 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $151,400 (2025) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
07-31-367-003
Land Assessment
$18,700 (2025)
Improvements Assessment
$151,400 (2025)
Total Assessment
$170,100 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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223 Central Ave W
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