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    Wellman, IA

    Wellman, IA Commercial Real Estate for Sale

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    Downtown Retail Storefront
    Updated: Sep 26
    Downtown Retail Storefront

    230-234 8th Ave, Wellman, IA 52356

    $140,000
    0.12 AC lot
    5,310‑square‑foot commercial storefront on a 0.12‑acre lot
    Built in 1900 with brick and frame construction
    Retail, office, or restaurant configuration; two bathrooms
    Upper‑level apartment conversion potential through renovation
    Commercial zoning
    View details
    Downtown Retail Storefront
    Updated: Sep 28
    Downtown Retail Storefront

    230-234 8th Ave, Wellman, IA 52356

    $140,000
    5,310 sqft 0.12 AC lot
    5,310‑square‑foot commercial storefront
    Built in 1900
    Configured for retail, office, or restaurant use
    Two bathrooms
    Located on a 0.12‑acre lot at 230‑234 8th Ave in downtown Wellman
    View details
    Leased Office Condominium Suites
    Leased Office Condominium Suites

    217 8th Ave, Wellman, IA 52356

    $224,900
    1,845 sqft

    Flexible office condo setup offers two turn-key suites with private restrooms and kitchenette space for owner occupants or tenants.

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Downtown Retail and Office Condo
    Downtown Retail and Office Condo

    221 8th Ave, Wellman, IA 52356

    $85,000
    1,109 sqft

    Versatile commercial condo with large front display windows and street parking in downtown Wellman, with CAM covering external maintenance.

    View details
    4 active listings match your search: For sale in Wellman, IA. Based on your search, we've also compiled 72 Potential Opportunities for your consideration: 4 properties in nearby cities and 68 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.

    Restaurant Building with Patio
    Restaurant Building with Patio

    203 5th St, Kalona, IA 52247

    $595,000
    0.09 AC lot

    Two floors provide distinct dining rooms, a lounge, and bar areas.

    View details
    Industrial Manufacturing Complex
    Industrial Manufacturing Complex

    202 1st Street, Kalona, IA 52247

    $5,199,000
    108,475 sqft

    Multiple production, cold-storage, and loading areas are supported by substantial electrical and crane infrastructure.

    View details
    Mixed-Terrain Farmland Tract
    Mixed-Terrain Farmland Tract

    12892 268th Ave, South English, IA 52335

    Contact for pricing

    Agricultural acreage combines currently farmed ground with timber and includes an uninhabitable dwelling and barn.

    View details
    Farm
    Farm

    13331 268th Ave, South English, IA 52335

    Contact for pricing

    Agricultural land / Farmland

    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

    252 8th Ave, Wellman, IA 52356-4707

    Estimated value:
    $210,000
    2,904 sqft 0.06 AC lot
    View details
    301 9th Ave
    SERVICE STATION (FULL SERVICE)

    301 9th Ave, Wellman, IA 52356-9301

    Estimated value:
    $255,000
    1,372 sqft 0.19 AC lot
    View details
    117 8th Ave
    COMMERCIAL (GENERAL)

    117 8th Ave, Wellman, IA 52356

    Estimated value:
    $280,000
    0.06 AC lot
    View details
    1002 2nd St
    MOBILE HOME PARK, TRAILER PARK

    1002 2nd St, Wellman, IA 52356-9705

    Estimated value:
    $230,000
    4.36 AC lot
    View details
    403 Gdn N Way
    WAREHOUSE, STORAGE

    403 Gdn N Way, Wellman, IA 52356-8400

    Estimated value:
    $150,000
    1,728 sqft 0.74 AC lot
    View details
    107 5th St
    LIGHT INDUSTRIAL

    107 5th St, Wellman, IA 52356

    Estimated value:
    $250,000
    2,760 sqft 0.19 AC lot
    View details
    3388 U Ave
    COMMERCIAL (GENERAL)

    3388 U Ave, Wellman, IA 52356-8514

    Estimated value:
    $330,000
    6,440 sqft 1.15 AC lot
    View details
    212 8th Ave
    BARBER, HAIR SALON

    212 8th Ave, Wellman, IA 52356

    Estimated value:
    $225,000
    2,640 sqft 0.06 AC lot
    View details
    227 8th Ave
    VETERINARY, ANIMAL HOSPITAL

    227 8th Ave, Wellman, IA 52356-4707

    Estimated value:
    $245,000
    1,716 sqft 0.06 AC lot
    View details
    242 8th Ave
    RETAIL STORES (PERSONAL SERVICES)

    242 8th Ave, Wellman, IA 52356

    Estimated value:
    $160,000
    2,378 sqft 0.07 AC lot
    View details
    115 8th Ave
    WAREHOUSE, STORAGE

    115 8th Ave, Wellman, IA 52356

    Estimated value:
    $315,000
    5,040 sqft 0.39 AC lot
    View details
    230 8th Ave
    RETAIL STORES (PERSONAL SERVICES)

    230 8th Ave, Wellman, IA 52356-4707

    Estimated value:
    $250,000
    5,120 sqft 0.10 AC lot
    View details
    237 8th Ave
    OFFICE BUILDING

    237 8th Ave, Wellman, IA 52356-4707

    Estimated value:
    $220,000
    1,144 sqft 0.03 AC lot
    View details
    241 8th Ave
    RETAIL STORES (PERSONAL SERVICES)

    241 8th Ave, Wellman, IA 52356-4707

    Estimated value:
    $165,000
    1,254 sqft 0.06 AC lot
    View details
    10 6th Ave
    COMMERCIAL (GENERAL)

    10 6th Ave, Wellman, IA 52356

    Estimated value: by Request
    1.53 AC lot
    View details
    256 8th Ave
    OFFICE BUILDING

    256 8th Ave, Wellman, IA 52356-4707

    Estimated value:
    $175,000
    1,056 sqft 0.06 AC lot
    View details
    194 3rd St
    WAREHOUSE, STORAGE

    194 3rd St, Wellman, IA 52356-9701

    Estimated value:
    $280,000
    2,268 sqft 0.35 AC lot
    View details
    125 9th Ave
    WAREHOUSE, STORAGE

    125 9th Ave, Wellman, IA 52356-9500

    Estimated value:
    $375,000
    15,120 sqft 0.84 AC lot
    View details
    265 8th Ave
    RETAIL STORES (PERSONAL SERVICES)

    265 8th Ave, Wellman, IA 52356-4707

    Estimated value:
    $290,000
    9,680 sqft 0.12 AC lot
    View details
    1014 540th SW St
    OFFICE/RESIDENTIAL (MIXED USE)

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

    Estimated value:
    $300,000
    1,728 sqft 10.57 AC lot
    View details

    Wellman, IA Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Wellman, IA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 8,264 square feet of properties for sale, with an estimated market value of $589,900.

    Sale prices for business properties in Wellman, IA start at $85,000, averaging $147,475, and reaching up to $224,900 — 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 $147.5K

    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%

    How Realmo verifies these figures

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