210 N Main Street, Clarion IA 50525

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$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

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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

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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

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