Oelwein, IA Commercial Real Estate for Sale

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Flex Property With Retail And Warehouse
Updated: Aug 31
Flex Property With Retail And Warehouse

829 SE 1st Avenue, Oelwein, IA 50662

$429,900
1.27 AC lot
Approximately 12,000 SF of finished retail space
More than 6,000 SF of warehouse space
1.27‑acre commercial site with an additional parcel
Drive‑through connection between Highway 150 and 1st Avenue SE
Existing shelving, racks, paint bar, and furnishings included
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C-2 Commercial Land
Updated: Aug 11
C-2 Commercial Land

21 SE 12th Street, Oelwein, IA 50662

Contact for pricing
0.34 AC lot
0.34‑acre vacant commercial lot
Approximately 15,000 SF of land
C‑2 Commercial zoning
Flat, seeded site in southeast Oelwein
City water and sewer available; currently disconnected
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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

14 E Charles Street, Oelwein, IA 50662

$95,000
0.11 AC lot

Brick commercial property with office areas, apartment units, basement storage, and C1 zoning.

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Flex Space with Retail and Warehouse
Flex Space with Retail and Warehouse

829 SE 1st Avenue, Oelwein, IA 50662

$429,900
17,936 sqft

Combined retail and warehouse improvements include installed shelving, storage racks, and furnishings for flexible commercial occupancy.

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Fayette County Farmland
Fayette County Farmland

Outer Road & 6th Street NE, Oelwein, IA 50662

Contact for pricing
151.86 AC lot

Surveyed agricultural acreage near Oelwein offered in two separate tracts with productive Iowa soils.

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Mixed-Use Retail and Apartments Building
Mixed-Use Retail and Apartments Building

1 S Frederick Avenue, Oelwein, IA 50662

$199,000
9,510 sqft

Seven income-producing units combine upper-level apartments with retail space, including a vacant main-area opportunity.

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Mixed-Use Property with Solar Array
Mixed-Use Property with Solar Array

1 W Charles Street, Oelwein, IA 50662

$889,000
22,300 sqft

Nearly fully leased commercial building with established tenants, upgraded mechanical systems, and C zoning.

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Two-Story Mixed-Use Office Building
Two-Story Mixed-Use Office Building

14 E Charles St, Oelwein, IA 50662

$95,000
3,705 sqft

Two-story office building with a reception, multiple offices, restrooms, and upstairs apartment units plus a full basement.

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Corner Lot Restaurant Opportunity
Corner Lot Restaurant Opportunity

2 S Frederick, Oelwein, IA 50662

$85,000
4,141 sqft

Restaurant space for sale with guest seating, walk-in cooler, and a salad bar setup on a downtown corner lot.

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Oelwein Office Unit For Sale
Oelwein Office Unit For Sale

116 Steele Dr, Oelwein, IA 50662

$49,000
1,216 sqft

Office unit with 1216 square feet available for purchase.

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Remodeled Restaurant in Oelwein, IA
Remodeled Restaurant in Oelwein, IA

114 S Frederick, Oelwein, IA 50662

$159,900
1,750 sqft

Remodeled restaurant with ample parking and recent improvements.

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C-2 Commercial Land
C-2 Commercial Land

21 SE 12th Street, Oelwein, IA 50662

Contact for pricing

Flat, seeded commercial parcel with city utilities and electric and gas service available for reconnection.

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Heated Insulated Flex Space
Heated Insulated Flex Space

310 7th St Se, Oelwein, IA 50662

$99,900

Commercially zoned property with a 3/4 bath and yard for storage, activities, or parking.

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Commercial Lot in Oelwein
Commercial Lot in Oelwein

Rock Island Rd, Oelwein, IA

Contact for pricing
4.29 AC lot

Commercial lot available for sale, lease, or build to suit.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 14 Active listings in Oelwein, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Building Flex Space
Two-Building Flex Space

401 Main St N, Hazleton, IA 50641

$134,000
5,280 sqft

Two buildings provide adaptable business, storage, and work areas with an office and bathroom.

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Auto Shop With Storage Buildings
Auto Shop With Storage Buildings

105 & 107 Cass Street, Westgate, IA 50681

$93,000
4,560 sqft

Former repair facility with office space, heated work areas, and separate cold storage buildings.

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Two-Building Flex Property
Two-Building Flex Property

401 Main St N, Hazleton, IA 50641

$134,000
1.96 AC lot

Commercially zoned acreage with office space and a bathroom across two existing buildings.

View details
Auto Shop With Storage
Auto Shop With Storage

105 & 107 Cass Street, Westgate, IA 50681

$93,000
1.15 AC lot

Commercial improvements include work areas, office space, and multiple storage components.

View details

Off-Market Properties in Oelwein, IA

Consider similar Off-Market properties in Oelwein, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

15 2nd SW St
RETAIL STORES (PERSONAL SERVICES)

15 2nd SW St, Oelwein, IA 50662-2244

Estimated value:
$90,000
3,750 sqft 0.14 AC lot
View details
7 Frederick Ave
RETAIL STORES (PERSONAL SERVICES)

7 Frederick Ave, Oelwein, IA 50662-1734

Estimated value:
$55,000
480 sqft 0.01 AC lot
View details
841 1st SE Ave
COMMERCIAL (GENERAL)

841 1st SE Ave, Oelwein, IA 50662-3005

Estimated value:
$310,000
8,480 sqft 1.10 AC lot
View details
120 Frederick Ave
BAR, TAVERN

120 Frederick Ave, Oelwein, IA 50662-2303

Estimated value:
$305,000
9,000 sqft 0.11 AC lot
View details
Oelwein, IA 50662
VACANT COMMERCIAL LAND

Oelwein, IA 50662

Estimated value:
$55,000
0.04 AC lot
View details
18 Frederick Ave
RETAIL STORES (PERSONAL SERVICES)

18 Frederick Ave, Oelwein, IA 50662-2343

Estimated value:
$60,000
4,500 sqft 0.06 AC lot
View details
16 Frederick Ave
RETAIL STORES (PERSONAL SERVICES)

16 Frederick Ave, Oelwein, IA 50662-2323

Estimated value:
$110,000
4,500 sqft 0.06 AC lot
View details
211 Charles St
COMMERCIAL (GENERAL)

211 Charles St, Oelwein, IA 50662-1645

Estimated value:
$60,000
5,420 sqft 0.32 AC lot
View details
8 Charles St
PROFESSIONAL BUILDING

8 Charles St, Oelwein, IA 50662-1739

Estimated value:
$70,000
1,720 sqft 0.04 AC lot
View details
821 Frederick Ave
RETAIL STORES (PERSONAL SERVICES)

821 Frederick Ave, Oelwein, IA 50662-3029

Estimated value:
$150,000
4,000 sqft 1.72 AC lot
View details

Oelwein, IA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Oelwein, IA, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 60,558 square feet of properties for sale, with an estimated market value of $2,531,600.

Sale prices for business properties in Oelwein, IA start at $49,000, averaging $253,160, and reaching up to $889,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 6,497
Population Growth (5Y) -3.9%
Median Household Income $49,145
College Educated 22.1%

High-Yield Neighborhoods for Investment

Identify Oelwein submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
50662 $217.4K

Taxes & Financing

Tax Rate (average for all types) 2.90%
Property Tax per SF $31.95 per SF
Tax Rate vs County Average 0.42 pp above county avg
Average Loan-to-Value 65.0%

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