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    Wellman, IA Commercial Real Estate for Sale

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    Kalona, IA Keota, IA Parnell, IA
    Downtown Mixed-Use Conversion Opportunity
    $145,000
    5,310 SF
    Downtown Mixed-Use Conversion Opportunity

    230-234 8th Ave, Wellman, IA 52356

    A flexible commercial building configured for retail, office, or restaurant use, with two bathrooms, sold As-Is.
    • Prime downtown location on 8th Avenue offers excellent visibility.
    • 5,310 square foot commercial property with versatile configuration.
    • Potential for upper‑level apartment conversion.
    • Historic building (built in 1900) with character.
    • Flexible interior layout and two bathrooms provide a strong foundation.
    Updated: Apr 3
    View details
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 1 Active listings in Wellman, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 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.

    Mixed-Use Commercial Building with Apartments
    $175,000
    0.06 Acres
    Mixed-Use Commercial Building with Apartments

    Downtown Washington mixed-use building with finished office/workspace and two upper one-bedroom apartments.

    109 S Marion Ave, Washington, IA 52353

    View details
    Agricultural Land Building Site
    $1,125,000
    45.00 Acres
    Agricultural Land Building Site

    45-acre site combining productive farmland and a road-front parcel, with leased tillable acres and possession available for 2027 crops.

    Highway 1 SW, Iowa City, IA 52246

    View details
    Acreage Along Paved Highway
    $349,900
    4.30 Acres
    Acreage Along Paved Highway

    4.3-acre Johnson County acreage with multiple building spots and mature timber frontage on paved Highway 1 SW.

    2502 Highway 1 SW, Iowa City, IA 52246

    View details
    Agricultural Land with Development Potential
    $195,000
    7.69 Acres
    Agricultural Land with Development Potential

    Farmed acreage on Washington’s north side offering space for an in-town acreage or new commercial site.

    17th Street, Washington, IA 52353

    View details

    Off-Market Properties in Wellman, IA

    Consider similar Off-Market properties in Wellman, 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.

    252 8th Ave
    BAR, TAVERN
    2,904 SF Lot: 0.06 Acres
    Value Estimation by Request

    252 8th Ave, Wellman, IA 52356-4707

    View details
    301 9th Ave
    SERVICE STATION (FULL SERVICE)
    1,372 SF Lot: 0.19 Acres
    Value Estimation by Request

    301 9th Ave, Wellman, IA 52356-9301

    View details
    117 8th Ave
    COMMERCIAL (GENERAL)
    Lot: 0.06 Acres
    Value Estimation by Request

    117 8th Ave, Wellman, IA 52356

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    1002 2nd St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 4.36 Acres
    Value Estimation by Request

    1002 2nd St, Wellman, IA 52356-9705

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    403 Gdn N Way
    WAREHOUSE, STORAGE
    1,728 SF Lot: 0.74 Acres
    Value Estimation by Request

    403 Gdn N Way, Wellman, IA 52356-8400

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    107 5th St
    LIGHT INDUSTRIAL
    2,760 SF Lot: 0.19 Acres
    Value Estimation by Request

    107 5th St, Wellman, IA 52356

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    3388 U Ave
    COMMERCIAL (GENERAL)
    6,440 SF Lot: 1.15 Acres
    Estimated value
    $585,000

    3388 U Ave, Wellman, IA 52356-8514

    View details
    212 8th Ave
    BARBER, HAIR SALON
    2,640 SF Lot: 0.06 Acres
    Value Estimation by Request

    212 8th Ave, Wellman, IA 52356

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    227 8th Ave
    VETERINARY, ANIMAL HOSPITAL
    1,716 SF Lot: 0.06 Acres
    Value Estimation by Request

    227 8th Ave, Wellman, IA 52356-4707

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    242 8th Ave
    RETAIL STORES (PERSONAL SERVICES)
    2,378 SF Lot: 0.07 Acres
    Value Estimation by Request

    242 8th Ave, Wellman, IA 52356

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    115 8th Ave
    WAREHOUSE, STORAGE
    5,040 SF Lot: 0.39 Acres
    Value Estimation by Request

    115 8th Ave, Wellman, IA 52356

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    230 8th Ave
    RETAIL STORES (PERSONAL SERVICES)
    5,120 SF Lot: 0.10 Acres
    Value Estimation by Request

    230 8th Ave, Wellman, IA 52356-4707

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    237 8th Ave
    OFFICE BUILDING
    1,144 SF Lot: 0.03 Acres
    Value Estimation by Request

    237 8th Ave, Wellman, IA 52356-4707

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    241 8th Ave
    RETAIL STORES (PERSONAL SERVICES)
    1,254 SF Lot: 0.06 Acres
    Value Estimation by Request

    241 8th Ave, Wellman, IA 52356-4707

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    10 6th Ave
    COMMERCIAL (GENERAL)
    Lot: 1.53 Acres
    Value Estimation by Request

    10 6th Ave, Wellman, IA 52356

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    256 8th Ave
    OFFICE BUILDING
    1,056 SF Lot: 0.06 Acres
    Value Estimation by Request

    256 8th Ave, Wellman, IA 52356-4707

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    194 3rd St
    WAREHOUSE, STORAGE
    2,268 SF Lot: 0.35 Acres
    Value Estimation by Request

    194 3rd St, Wellman, IA 52356-9701

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    125 9th Ave
    WAREHOUSE, STORAGE
    15,120 SF Lot: 0.84 Acres
    Estimated value
    $700,000

    125 9th Ave, Wellman, IA 52356-9500

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    265 8th Ave
    RETAIL STORES (PERSONAL SERVICES)
    9,680 SF Lot: 0.12 Acres
    Value Estimation by Request

    265 8th Ave, Wellman, IA 52356-4707

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    1014 540th SW St
    OFFICE/RESIDENTIAL (MIXED USE)
    1,728 SF Lot: 10.57 Acres
    Value Estimation by Request

    1014 540th SW St, Wellman, IA 52356-9583

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    603 9th Ave
    RESTAURANT
    2,112 SF Lot: 0.24 Acres
    Value Estimation by Request

    603 9th Ave, Wellman, IA 52356

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    820 2nd St
    SERVICE STATION (FULL SERVICE)
    1,961 SF Lot: 0.12 Acres
    Value Estimation by Request

    820 2nd St, Wellman, IA 52356

    View details
    801 6th St
    COMMERCIAL (GENERAL)
    Lot: 0.21 Acres
    Value Estimation by Request

    801 6th St, Wellman, IA 52356

    View details

    Wellman, IA Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Wellman, IA on our real estate platform. These investment opportunities span a total of 5,310 square feet of properties for sale, with an estimated market value of $145,000.

    Sale prices for business properties in Wellman, IA start at $145,000, averaging $145,000, and reaching up to $145,000 — 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 2,754
    Population Growth (5Y) +2.3%
    Median Household Income $54,659
    College Educated 21.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    52356 $145K

    Taxes & Financing

    Tax Rate (average for all types) 2.11%
    Property Tax per SF $21.01 per SF
    Tax Rate vs County Average 0.61 pp below county avg
    Average Loan-to-Value 65.0%

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