Mixed-Use Property with Solar
For Sale
$889,000
1 W Charles Street, Oelwein, IA 50662
Nearly fully leased commercial building with established tenants, upgraded mechanical systems, and C zoning.
Property Size22,300 SF
Price / SF$39.87
Days on Market322
Property Features for 1 W Charles Street
General Information
Standard status
Active
Size
22,300 SF
Property subtype
Commercial
Zoning
C
Net Operating Income
$88,000
Taxes and HOA fees
Annual Taxes
$26,382
Amenities
Concrete
Corner Lot
0.63
22300
Building Details
Building Size
22,300 SF
Year Built
1984
Tenancy
Multi
Listing Agency:
Lockard Realty Company
(319) 393-0900
Listed By:
Alex Miller
Source:
Pinnaclerealtyia
Added: Oct 13, 2025
Changed: Aug 29
Last Checked: Aug 29 at 6:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lockard Realty Company
Investment Insights
Based on property information with market context.
This mixed-use commercial property contains an established tenant roster that includes a regional credit union, real estate office, nail salon, law office, regional nonprofit agency, and financial services business. General leased space and potential restaurant or eatery space are also identified. The property is nearly fully leased and includes concrete interior construction.
Building improvements include a high-efficiency boiler, HVAC control systems, and a rooftop solar array. These upgrades support a modernized operating profile while preserving the property’s established commercial use. Built in 1984, the building occupies a corner lot and is located at 1 W Charles Street in Oelwein, Iowa.
The property is zoned C and offers a range of existing commercial occupancy types within one mixed-use asset. Current tenancy spans office, professional services, personal care, nonprofit, and financial uses.
Building improvements include a high-efficiency boiler, HVAC control systems, and a rooftop solar array. These upgrades support a modernized operating profile while preserving the property’s established commercial use. Built in 1984, the building occupies a corner lot and is located at 1 W Charles Street in Oelwein, Iowa.
The property is zoned C and offers a range of existing commercial occupancy types within one mixed-use asset. Current tenancy spans office, professional services, personal care, nonprofit, and financial uses.
Key Highlights
- Nearly fully leased mixed‑use commercial property
- Tenant roster includes a regional credit union, offices, nail salon, law office, nonprofit agency, and financial services business
- Rooftop solar array installed as part of property upgrades
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
421
Businesses Nearby
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 Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Nearly fully leased commercial building with established tenants, upgraded mechanical systems, and C zoning.
Where is this mixed-use property located?
The property is located at 1 W Charles Street Oelwein, IA.
What is the asking price?
The asking price for this property is $889,000.
What are key features of this property?
This property features: Nearly fully leased mixed‑use commercial property; Tenant roster includes a regional credit union, offices, nail salon, law office, nonprofit agency, and financial services business; Rooftop solar array installed as part of property upgrades
