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Clear Lake, MN Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Clear Lake, Minnesota Market population: 8K. Explore income-producing properties with verified cap rates and...

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12 properties found
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⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Clear Lake IA Properties: 1.2000%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Clear Lake IA

Common questions from investors exploring commercial real estate in Clear Lake IA.

What's the overall investment potential of Clear Lake, IA? +
Clear Lake's 10.2% poverty rate and 95.1% health insurance coverage suggest a stable market with access to employment opportunities, while its top industries in Finance & Insurance and Public Administration indicate a diverse economy, making it an attractive location for real estate investment.
How does the local economy impact rental demand? +
The city's median household income of $46,484, combined with a strong employment population of 3,966 and top industries like Wholesale Trade, contribute to a stable rental market, and with 74.1% homeownership rate, there's still room for rental growth, especially considering the short 17.1-minute average commute time.
What's the quality of life like for residents and its impact on property value? +
Clear Lake's short average commute time of 17.1 minutes, high health insurance coverage of 95.1%, and low poverty rate of 10.2% all contribute to a high quality of life, which can increase property values over time, such as the current median property value of $134,200.
How does the ethnic diversity and income inequality affect the local real estate market? +
The city's diverse population, with top ethnicities including White, White Non-Hispanic, and Hispanic, and a gini coefficient of 0.45 indicating moderate income inequality, suggest a balanced market with opportunities for investors to cater to different demographics, potentially increasing demand for rental properties.
What are the key factors to consider for long-term investment success in Clear Lake, IA? +
For long-term success, investors should consider the city's stable economy with a low unemployment rate of 2.5%, its high homeownership rate of 74.1%, and the relatively low median property taxes of $2,573, all of which contribute to a favorable investment environment, especially when combined with the city's ethnic diversity and short commute times.

Clear Lake IA Real Estate & City Facts

Key facts and real estate information about Clear Lake IA.

What are some of the best neighborhoods to live in Clear Lake? +
Some of the best neighborhoods to live in Clear Lake include the areas around the lake, such as North Shore and South Shore. These neighborhoods offer beautiful views of the lake and easy access to outdoor recreation. Additionally, the downtown area has a charming small-town feel with shops and restaurants within walking distance. According to Niche, Clear Lake has a overall Niche Grade of B+, with high ratings for its real estate, map, homes for sale, and resident reviews.
What are some fun things to do in Clear Lake? +
There are plenty of fun things to do in Clear Lake, including visiting the Surf Ballroom, a historic music venue that hosted famous musicians like Buddy Holly and Chuck Berry. You can also explore the Central Gardens of North Iowa, a beautiful botanical garden with over 20 acres of gardens and natural areas. For outdoor enthusiasts, Clear Lake State Park offers camping, hiking, and water sports. And for a unique experience, check out the Clear Lake Fire Museum, which showcases a collection of historic fire trucks and equipment.
What is the food scene like in Clear Lake? +
The food scene in Clear Lake is a mix of classic American comfort food and modern twists. Some popular restaurants include Sevens Restaurant & Steakhouse, which serves up high-quality steaks and seafood, and The Boulevard Bar & Grill, which offers a range of burgers, sandwiches, and salads. There are also plenty of great food trucks and casual eateries, like Starboard Market, which serves up delicious breakfast and brunch options. And for a sweet treat, be sure to check out the local bakeries and ice cream shops.
What are the pros and cons of living in Clear Lake? +
One of the pros of living in Clear Lake is its natural beauty, with the lake and surrounding parks offering plenty of opportunities for outdoor recreation. The town also has a strong sense of community, with many family-friendly events and activities throughout the year. However, one of the cons is that the town can be quite small, with limited job opportunities and a relatively low median household income. Additionally, the town's remote location can make it difficult to access larger cities and amenities. Overall, Clear Lake is a great choice for those who value a close-knit community and easy access to nature, but may not be the best fit for those looking for a more urban lifestyle.
Is Clear Lake a good place to live? +
Whether or not Clear Lake is a good place to live depends on your individual priorities and preferences. If you value a small-town atmosphere, easy access to nature, and a strong sense of community, then Clear Lake may be a great choice. However, if you're looking for a more urban lifestyle with plenty of job opportunities and amenities, you may want to consider other options. According to Livability, Clear Lake has a high rating for its low cost of living and high rating for its education, but a lower rating for its job market and diversity. Ultimately, the decision to live in Clear Lake depends on your unique needs and priorities.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Clear Lake IA Commercial Property: $46,484

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
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Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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