Mixed-Use Building With
For Sale
$98,000
7 S Frederick Ave, Oelwein, IA 50662
Storefront windows, residential units, office space, rear storage, and a basement support varied commercial and residential uses.
Property Size5,300 SF
Price / SF$18.49
Days on Market473
Property Features for 7 S Frederick Ave
General Information
Standard status
Active
Size
5,300 SF
Total Parking Spaces
1
Property subtype
Commercial/Industrial
Property Condition
Severity
Repairs Needed
Evidence
requires renovations
Taxes and HOA fees
Annual Taxes
$1,677
Amenities
storage space
Building Details
Year Built
1904
Buildings
2
Listing Agency:
EXIT Realty Unlimited Oelwein
(319) 238-1727
Listed By:
Noelle Coleman · License #S59842
(319) 238-1727
Source:
Exitrealty
Added: May 15, 2025
Changed: Aug 30
Last Checked: Aug 30 at 4:57AM
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 EXIT Realty Unlimited Oelwein
Investment Insights
Based on property information with market context.
This two-story mixed-use property at 7 S Frederick Ave includes office and retail areas, three apartments, rear storage, and a basement in good condition. One apartment is occupied, two are ready for completion, and a fourth apartment requires renovation. Expansive storefront windows provide display area along the commercial frontage. The rear storage area may be finished for additional office or common space. One parking stall is located behind the building, with additional parking options on the side street.
The offering also includes the adjacent building at 5 S Frederick, which contains 1,650 SF of office space. The primary property measures 5,300 SF and was built in 1904. Both buildings are situated in downtown Oelwein, Iowa, with the main building previously used as a bridal store and the adjacent office building formerly occupied by Beltone.
The offering also includes the adjacent building at 5 S Frederick, which contains 1,650 SF of office space. The primary property measures 5,300 SF and was built in 1904. Both buildings are situated in downtown Oelwein, Iowa, with the main building previously used as a bridal store and the adjacent office building formerly occupied by Beltone.
Key Highlights
- 5,300 SF two‑story mixed‑use property built in 1904
- Three apartments: one occupied, two ready for completion; a fourth requires renovation
- Expansive storefront windows for product display along the commercial frontage
Property Analytics
Property Profile
Current Use
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Storefront windows, residential units, office space, rear storage, and a basement support varied commercial and residential uses.
Where is this mixed-use property located?
The property is located at 7 S Frederick Ave Oelwein, IA.
What is the asking price?
The asking price for this property is $98,000.
What are key features of this property?
This property features: 5,300 SF two‑story mixed‑use property built in 1904; Three apartments: one occupied, two ready for completion; a fourth requires renovation; Expansive storefront windows for product display along the commercial frontage
