1 W Charles Street #8, Oelwein, IA 50662

Building Details

Building Size 22,300 SF More

Year Built 1984 More

Listing Agency: EXIT Realty Unlimited Oelwein d***@theneweaglegroup.com Show Phone

Listed By: Noelle Coleman · License IA S59842 Show Phone

Source: Gnbrealestate

Added: Oct 5 Changed: Nov 8 Last Checked: Nov 9 at 9:59AM

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Investment Insights

Based on property information with market context.

This 22,300-square-foot flex space in Oelwein was built in 1984 and previously operated as a CrossFit gym. Commercial zoning and the property's open-ended configuration leave the space available for a range of potential business layouts, including gym, warehouse, office, or boutique uses.

Occupants in the property include a bank, real estate brokerage, nail salon, community outreach organization, and attorney's office. Access to common areas is provided. Utilities are included in the lease except for phone, internet, and cable service.

Key Highlights

• 22,300 square feet of flex space
• Commercial zoning
• Previously used as a CrossFit gym

Property Analytics

Current Use

Tipsy Nails Spa Nail Salon Van Denover Jewelry (Bike/Boat/Book/etc) Store Ty Vandehaar-Mortgage Loan ... Loan Service Veridian Credit Union Credit Union Western Union Bank

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Parking Lot & Garage Building Supply HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Utilities to site

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

421

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 50662, IA

6,693

Population

3,260

Households

2.1

Avg Household Size

44

Median Age

16%

College-Educated

92%

High-School Grad

70.4 sq mi

ZIP Area

95

Density / Sq Mi

$49,145

Median Household Income

$37,378

Median Earnings

$760

Median Rent

$108,200

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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8-1 W W Charles St, Oelwein, IA 50662

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Similar Off Market Nearby

• Scorpio Catering — 719 S Frederick Ave, Oelwein, IA 50662

Frequently Asked Questions

What type of property is this?

Flex space - Commercial zoning and shared-area access accommodate a range of potential business configurations.

Where is this flex space located?

The property is located at 1 W Charles Street #8 Oelwein, IA.

What is the lease rate?

The lease rate is $500/Mo.

What are key features of this property?

This property features: 22,300 square feet of flex space; Commercial zoning; Previously used as a CrossFit gym