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210 N Main St
Clarion, IA 50525

$275,000 USD

Drugstore For Sale  •  5,672 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 5,672 SF
  • Lot Size 0.11 AC
  • Building Class C
  • Year Built 1900
  • Cap Rate 13.89 %
  • Tenancy Multiple
  • Zoning C & R
60 Walk Score

Highlights

New Roof 2018
Commercial Unit Leased Through 2028 with the option to increase to 2031
2 Apartment Units for Additional Rent

Property Flyers

Financial Summary (Actual)

Net Operating Income: $38,200 USD (2025)
Cap Rate: 13.89 %
Total Expenses: $8,600 USD

Major Tenants

Tenant SF Occupied Lease End Date
Apartment #1 Renter 600 SF
Apartment #2 Renter 600 SF
Thrifty White Pharmacy 3,850 SF

Amenities

  • 24 Hour Access
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 36
Type: Surface
Included in Rent: Yes
Aaron Coburn 515-367-2083 EOA, LLC
Aaron Coburn 515-367-2083 EOA, LLC