Oelwein IA Commercial for Sale

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Type:
Retail
Sq.Ft.:
1,150
Status:
Active
Beds:
n/a
Lot size:
1,380 Acres
Year built:
1893
Baths:
MLS#:
20245164

ADDITIONAL INFORMATION

Commercial Property Alert!! This property offers a combination of steady rental income from the retail space on the main level (currently rented) This is a prime commercial space offering high visibility and foot traffic. This property also adds the opportunity to generate additional revenue from the 2BR/1BA residential apartment upstairs. This apartment is very spacious, well maintained and recently updated, featuring: Large living area, spacious kitchen and laundry area. Whether you're an investor looking for a multi-use property or a buyer seeking an income-generating asset, this property is a must-see! Call today !

Type:
General Commercial
Sq.Ft.:
7,796
Status:
Active
Beds:
n/a
Lot size:
1.08 Acres
Year built:
1954
Baths:
MLS#:
20245116

ADDITIONAL INFORMATION

The North Frederick Mini Mall features over 7,000 square feet of office and retail space, along with additional storage space on the main level and basement. This income-generating property has great visibility on Highway 150 on the edge of city limits, with potential to add an additional tenant. With more than enough parking for multiple tenants, this is a fantastic investment to add to your portfolio, or to get it started!

Type:
Office
Sq.Ft.:
3,705
Status:
Active
Beds:
n/a
Lot size:
0.5 Acres
Year built:
1900
Baths:
MLS#:
20244990

ADDITIONAL INFORMATION

**Exciting Business Opportunity Awaits!** Step into a world of potential with this remarkable property, perfectly designed for your business needs. Upon entering, you're greeted by a welcoming reception area that leads to 10 spacious offices, ideal for fostering productivity and collaboration. The kitchen area ensures that your team stays energized throughout the day, while two convenient restrooms add to the functionality of the space. Venture upstairs to discover a large, versatile room that can serve as a dynamic meeting space or a private office, along with three additional offices and another restroom for added convenience. Additionally, the three upstairs apartments present an excellent opportunity for extra income after some updates. The expansive full basement offers abundant shelving, providing ample storage solutions for your business operations. This property has been meticulously maintained and features significant updates, including a new furnace, AC, roof, and brickwork completed in 2022, along with a newer water heater and upgraded flooring throughout. Don't miss out on this incredible opportunity—call today to schedule your visit and explore the possibilities this fantastic space has to offer!

Type:
General Commercial
Sq.Ft.:
1,472
Status:
Active
Beds:
n/a
Lot size:
0.13 Acres
Year built:
1949
Baths:
MLS#:
20243810

ADDITIONAL INFORMATION

Retail space with storage available.

Type:
General Commercial
Sq.Ft.:
5,300
Status:
Active
Beds:
n/a
Lot size:
0.09 Acres
Year built:
1904
Baths:
MLS#:
20242950

ADDITIONAL INFORMATION

Business opportunity located in the heart of downtown Oelwein, offering an ideal foundation for your entrepreneurial dream. This 5,300 SF, two story property is situated in a downtown area and includes three apartments upstairs, providing additional rental income and a neighboring retail office space to enhance business synergy. The convenient extra storage space located at the rear of the property is perfect for managing inventory and supplies. This versatile property presents a great opportunity coupled with the benefits of supplementary income. Don't miss out on this rare chance! Call today to schedule a viewing and explore the possibilities this property has to offer.

Type:
Retail
Sq.Ft.:
7,830
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
1890
Baths:
MLS#:
20242743

ADDITIONAL INFORMATION

Possibilities Plus...This Landmark Building is waiting to be finished. It's exterior and interior has already gone through a lot of preservation and updates. The first-floor sports an excellent, large spacious area which is currently setup has a restaurant. The ceilings, serving bar and more allows the guests to step back in time. It is just waiting for the right person to make it shine. The upper 2nd and 3rd floors house one room sleeping accommodations and this area is ready for you to turn them into one-bedroom apartments...less rooms but a steady monthly rent income. The city of Oelwein has been granting dollars to revitalize buildings like this one; one with a history! In the past, the grants to a single applicant per year top off at $50,000. Be part of history and invest in your future.

Type:
General Commercial
Sq.Ft.:
22,300
Status:
Active
Beds:
n/a
Lot size:
0.5 Acres
Year built:
1984
Baths:
MLS#:
20240805

ADDITIONAL INFORMATION

Make this blank canvas yours! Formerly a cross fit gym, this could be used as a gym, as a warehouse space for storage, built out for offices, a shopping boutique.... the opportunities are endless! With access to common areas, you can be sure that your business can thrive in this location with great foot traffic, PLUS all utilities are included in the lease price except ph, internet, cable! Current businesses include: a bank, real estate brokerage, nail solon, community outreach, attorney office, and a potential restaurant! Call your agent today! Listing agent has ownership interest in property

Type:
Retail
Sq.Ft.:
22,300
Status:
Active
Beds:
n/a
Lot size:
0.5 Acres
Year built:
1984
Baths:
MLS#:
20240804

ADDITIONAL INFORMATION

Your business awaits...The opportunities are endless here- with an established location with great foot traffic, you will be sure to generate visibility for a thriving and booming business. This is currently setup as a restaurant/ bar, but could be converted into almost anything. With over 3,000 square foot and an optional adjoining party room with over 3,500 square foot also available for lease, you are sure to make this space whatever you desire. There is also a private office available for lease right next to the restaurant. Contact your agent today! Listing agent has ownership in the property.

Type:
General Commercial
Sq.Ft.:
4,700
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
20230486

ADDITIONAL INFORMATION

Great multi-purpose building. A great investment and/or start up business. Lots of potential to remodel upstairs apartment. (existing apt. looks to be 1 large studio or could convert to 2 smaller) Has tons of storage in back or remodel for additional retail or office use. Inside front has already been remodeled. Needs some TLC but the vison is incredible. High visibility and traffic. Parking in front and in back streets. Come take a look, call today for your personal showing. *Pictures to come*

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Albert Wright Page, License B62241000, Xome Inc., License FO5635000, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

Information is provided exclusively 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. Copyright 2024 Northeast Iowa Regional Board of Realtors. All rights reserved. Information is deemed reliable but is not guaranteed.



Oelwein Real Estate

The median home value in Oelwein, IA is $115,000. This is lower than the county median home value of $118,200. The national median home value is $338,100. The average price of homes sold in Oelwein, IA is $115,000. Approximately 57.93% of Oelwein homes are owned, compared to 27.66% rented, while 14.41% are vacant. Oelwein real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Oelwein real estate agent to arrange a tour today!

Oelwein, Iowa has a population of 5,961. Oelwein is more family-centric than the surrounding county with 27.25% of the households containing married families with children. The county average for households married with children is 27.2%.

The median household income in Oelwein, Iowa is $38,325. The median household income for the surrounding county is $50,973 compared to the national median of $69,021. The median age of people living in Oelwein is 43.2 years.

Oelwein Weather

The average high temperature in July is 82.4 degrees, with an average low temperature in January of 6.6 degrees. The average rainfall is approximately 36.8 inches per year, with 34.6 inches of snow per year.

Oelwein Real Estate Market Conditions

  • Median sales price

    $115,000
    13.3% change since last quarter
  • # Active listings

    62
    30-day change

Oelwein Schools and Demographics

Education near Oelwein, IA

Metric City County
High School Graduates 90.6 92.57
College Degree - 2 year 9.38 11.75
College Degree - 4 year 14.21 17.2
Graduate Degree 3.43 3.39
Expenditures per Student 14,321 14,321
Students per Teacher 13.7 13.7

Elementary Schools near Oelwein, IA

School Grades Students P/T Ratio ZIP
Fairbank Elementary School PK - 06 222 15.3 50629
Little Husky Learning Center PK - KG 185 22.6 50622
Parkside Elementary School 01 - 01 87 10.4 50662
Prairie Grove Elementary School KG - 08 34 17 50641
Rural Elementary School #1 KG - 08 39 26 50629
Rural Elementary School #2 KG - 08 34 22.7 50629
Rural Elementary School #3 KG - 08 29 29 50629
Rural Elementary School #4 KG - 08 31 31 50629
Triumph Elementary School KG - 08 49 24.5 50641
West Central K - 8 School PK - 08 195 13.2 50655
Wings Park Elementary School 02 - 05 366 13.2 50662

Middle Schools near Oelwein, IA

School Grades Students P/T Ratio ZIP
North Fayette Elementary Fayette Center 05 - 06 105 11.3 52142
Oelwein Middle School 06 - 08 276 15 50662

High Schools near Oelwein, IA

School Grades Students P/T Ratio ZIP
Northeast IOWA Charter High School 10 - 12 0 50655
Oelwein High School 09 - 12 385 14.9 50662
Wapsie Valley High School 07 - 12 269 12.5 50629
West Central Senior High School 09 - 12 81 7.6 50655

Demographics near Oelwein, IA

Metric City County
Neighborhood Type Small Town
Population 5,961 19,582
Population Density 1,233 27
Median Age 43.2 43
People per Household 2.3 2.3
Median Household Income 38,325 50,973
Average Income per Capita 23,814 28,795