210 N Main Street, Clarion IA 50525

$350,000

210 N Main Street, Clarion, IA 50525

bedrooms

bathrooms

square feet

2,356

Acreage

0.11

Open Houses

year built

1900

Full Baths

Half Baths

Find out more

This commercial property is home to Thrifty White Pharmacy a very strong, regional chain w/ 91 stores. Clarion is county seat for Wright county, pop. 12,644. Thrifty has Leased since 2018, current lease through March,2028 with a recent extension until March, 2031. Tenant pays property taxes and repairs up to $400. Tenants have put nearly $100,000 recent upgrades including new roof in 2018, repaired the back wall, electrical updated in 2021, new a/c unit in 2023, new back doors and garage door in 2024.Income: Commercial 3400 sq/ft + 450sq/ft cold storage = $2,475/ mo Apartments: 2 units each unit approx. 1,200 sq/ft = $1,225/mo.Gross Rents: $44,400/yr.Expense:Insurance $2,400/yrMgt fee $2,200/yrMaintenance $2,000/yrTotal $6,600/yrNet $37,800/yr Based on $350,000 price/$37,800 NOI shows around 11percent ROI

Location
Subdivision	-
County	Wright
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

Driving directions

Open houses

None scheduled.

Find out more

Tell us who you are, and we will have someone reach out to you.

Name*

Email*

Phone*

Message

I have a house to sell

By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from Kotohomes, Mark Greenfield, and their network of service providers about your inquiry and other home-related matters.

Msg/data rates may apply. This consent applies even if you are on a do not call list and is not a condition of any purchase.

MLS number: 65899

Listing agent: Mark Greenfield #B33703

Listing broker: Re/Max Real Estate Center 2324663

Copyright © 2025 Central Iowa Board of Realtors, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, January 14 2025 at 11:03 p.m. EST

Kotohomes National