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Renovated Brick Office Building
For Sale
Contact for pricing
Pending

302 8th Ave, Wellman, IA 52356

Renovated former bank office building with a renovated lobby, conference area, remodeled half bath, and storage.

Property SizeContact for details
Days on Market143

Property Features for 302 8th Ave

General Information

Standard status Pending
Property subtype Office
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Jessica Yoder · License #IA
Source: Crexi
Added: Apr 11 Changed: Aug 24 Last Checked: Aug 29 at 1:52AM

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 Lepic-Kroeger, REALTORS

Investment Insights

Based on property information with market context.

This renovated brick office building was formerly a bank and features a nice lobby with elegant slate floors, exposed brick accents, and wide crown molding. Interior improvements include a spacious private conference area, a remodeled half bathroom, and a separate storage area. Additional updates noted include newer drywall and ceilings, added ductwork, added insulation, interior painting, newer flooring, and newer light fixtures.

The property is situated on a corner lot and includes two carports. A new roof was installed in 2009.

With its lobby, private conference area, remodeled half bath, and dedicated storage, the space is well suited for professional office use.

Key Highlights

  • Renovated former bank brick office building with a remodeled lobby and standout exposed brick interior features
  • Lobby features elegant slate floors, accent exposed brick walls, and wide crown molding
  • Includes a spacious private conference area plus a storage area

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store HVAC Service Storage Facility Hair Salon

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

Location Intelligence

Trade Area within ½ mile

142
Businesses Nearby

Demographics for 52356, IA

2,833
Population
1,228
Households
2.3
Avg Household Size
39
Median Age
19%
College-Educated
94%
High-School Grad
95.0 sq mi
ZIP Area
30
Density / Sq Mi
$54,659
Median Household Income
$41,366
Median Earnings
$844
Median Rent
$205,200
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Renovated former bank office building with a renovated lobby, conference area, remodeled half bath, and storage.
Where is this office building located?
The property is located at 302 8th Ave Wellman, IA.
What are key features of this property?
This property features: Renovated former bank brick office building with a remodeled lobby and standout exposed brick interior features; Lobby features elegant slate floors, accent exposed brick walls, and wide crown molding; Includes a spacious private conference area plus a storage area
More about this property
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