400 N Central Avenue Allerton, IA ^$ 450,000

400 N Central Avenue

^$ 450,000

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Recently Listed

400 N Central Avenue

Allerton, IA, 50008

^$ 450,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 3,108

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Commercial Property for sale in Allerton, IA

for $450,000. This building was built in 1994.

Former convenience store, car wash, laundromat and hair stylist shop on a 0.88-acre corner lot in Allerton, Wayne County, Iowa. Built 1994. Two metal buildings totaling 5,406 sq ft, metal roof and siding, slab foundation, natural gas forced-air heat, central air, city water and sewer. Store side has a kitchen, dining booths, service counter and cooler doors. Car wash has an 8'8" drive-through bay. Sold as is with all equipment, fixtures and contents. Closed about a year and utilities are off, so the working condition of systems and equipment is unknown; inspections recommended. Fuel tanks are under an Iowa DNR delivery prohibition; buyer to verify tank status. About 24 miles to Leon, 51 miles to I-35 at Osceola, roughly 1.5 hours to Des Moines.

Commercial Active

Price

^$ 450,000

Property Type

Commercial

Taxes

^$ 2,972

Style

Year Built

1994

Town/City

Allerton

County/Region

Wayne

MLS | Web ID

6344161

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air

Utilities None

Garage Spaces 0

Architectural Style Other

Construction Materials Metal Siding

Year Built 1994

Tax Year 2025

Current Use Vacant

Accessibility None

County Wayne

Property Type Commercial Sale

Contingency None

Subdivision Name AL ALLERTON 1ST ADD

Possible Use Income Restaurant Retail Service Station Other

Status Active

Directions Located on West Main Street.

Open Parking Spaces 15

Number Of Units Total 1

Lot Size Units Acres

Tax Annual Amount 2972

Living Area Units Square Feet

Standard Status Active

Legal Description ORIG ALL 1 2 11 &12 BLK 27

Exterior

Parking Features Gravel Concrete

Water Source Public

Lot Dimensions 160x240

* Excluded Features

List By

Cedric Gilworth

Listing Agent

United Country Gilworth Real Estate & Auction

Broker

cedgilworth@gilworthrealestate.com

Affordability Calculator

$3,356

Per Month

Monthly Principal & Interest: $3,108
Monthly Property Taxes: $248
Monthly Home Insurance: --

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Down Payment

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Allerton, IA

Average List Price ^$46,500

Percent of Sale Price 90%

About Allerton, IA

398 Population

12% Since 2002

^$38,433 Median Income

37.1 Median Age

46% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2872932 Elementary School

2872966 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
10/30/2026	$450,000		Listed Price

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400 N Central Avenue, Allerton, IA, 50008 is a Commercial Property for sale at $450,000. 400 N Central Avenue was built in 1994. The property's zip code is 50008 which is in Allerton, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the Iowa Association of REALTORS service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is deemed reliable but is not guaranteed accurate by the the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Data is updated as of 10/31/2026.

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400 N Central Avenue

Commercial Property for sale in Allerton, IA

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