$99,900

Estimated payment $667/month

0.04 Acre
$2,497,500 Price per Acre
1,742 Sq Ft Lot

About This Lot

Prime commercial opportunity on the highly visible southeast corner of Centerville's historic town square! This well-maintained building offers approximately 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, with additional business equipment 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!

Listing Agent

Heartland Properties

Heartland Trophy Properties Listed on: 07/24/2026

Listing Provided By

Property Details

Property Type

  • Land

Home Design

  • Brick Exterior Construction

Flooring

  • Wood Flooring

Lot Details

  • Current uses include commercial
  • Potential uses include commercial
  • Historic Home

Property Details

Property Type

Land

Listing Details

  • Office Phone: 641-449-6479
  • Listing Website: https://www.land.com/property/0.04-acre-in-appanoose-county-iowa/28195712/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: Commercial
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Floor Material: Wood Floor
  • Sprinklers: No

Exterior Features

  • Exterior: Brick
  • Road Description: Curbs, Sidewalk, City, Curbs/Gutters

Lot Info

  • Current Use: Commercial
  • Lot Description: Historical Property

Multi Family

  • Utilities Available: City Sewer, City Water, Electric, Natural Gas

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,470 $79,950 $5,950 $74,000
2024 $1,470 $68,940 $5,100 $63,840
2023 $1,452 $68,940 $5,100 $63,840
2022 $1,620 $60,100 $4,250 $55,850
2021 $1,620 $66,300 $4,250 $62,050
2020 $1,664 $61,760 $4,250 $57,510
2019 $1,442 $49,720 $0 $0
2018 $1,420 $49,720 $0 $0
2017 $145,200 $39,278 $0 $0
2016 $1,180 $0 $0 $0
2015 $1,180 $45,150 $0 $0
2014 $1,194 $45,150 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/24/2026 07/24/26 For Sale $99,900 -- --

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $73,000 None Listed On Document
Warranty Deed $75,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Contract Of Sale $39,444 None Available
Warranty Deed $50,000 None Available
Warranty Deed $42,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $60,000 New Conventional
Previous Owner $39,444 New Conventional
Previous Owner $46,000 New Conventional
Previous Owner $43,000 Future Advance Clause Open End Mortgage
Source: Public Records
Your Personal Tour Guide

Ask me questions while you tour the home.