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Two-Story Office Building
For Sale
$95,000

14 E Charles Street, Oelwein, IA 50662

COMMERCIAL - Oelwein, IA

Property SizeContact for details
Lot Size0.11 Acres
Days on Market285

Property Features for 14 E Charles Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning C1
Directions From Hwy 150 turn West on E. Charles St., property on south side of street
Standard status Active
APN 1821401021
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description See Associated Docs
Tax Annual Amount 2498
Legal Description See Associated Docs

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air, Multi Units

Building Details

Year built 1900
Building materials Brick, Block
Roof type Flat, Membrane
Listing Agency: RE/MAX Independence Realty · RE/MAX International
Listed By: Curt Martin · License #B56021000
Added: Nov 18, 2025 Changed: Aug 18 Last Checked: Aug 30 at 9:06AM
MLS# 20255638

Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-story commercial office building offers a practical layout for client-facing work and back-office needs. The main level includes a reception area that opens into several spacious offices, along with two restrooms and a kitchen/break area. The upper level features a large open room, additional offices, and another restroom that can support conference, training, or expanded office use. Three apartment units are also located upstairs; they are not currently up to code, presenting an opportunity for future renovation.

A full basement provides additional room for storage or equipment. The property was built in 1900 and features brick and block construction, with heating served by natural gas forced air and cooling provided through central air and multi-unit systems. Roof components include membrane and flat roofing.

Recent updates include replacement of two HVAC units in 2022, along with exterior masonry repairs and a complete roof recoat that same year. On the upper level, three rooms each have controlled heating/cooling units operated via remotes. Utilities include water available and public sewer.

Key Highlights

  • 0.11‑acre lot with C1 zoning
  • Main level includes reception area, several offices, two restrooms, and a kitchen/break area
  • Upper level has large open room, additional offices, one restroom, and three apartment units not currently up to code

Property Analytics

Current Use

Office buildings

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.

Location Intelligence

Trade Area within ½ mile

421
Businesses Nearby

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

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

What type of property is this?
Office building - Two-story office building in C1 zoning with reception, multiple offices, basement space, and water/public sewer.
Where is this office building located?
The property is located at 14 E Charles Street Oelwein, IA.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: 0.11‑acre lot with C1 zoning; Main level includes reception area, several offices, two restrooms, and a kitchen/break area; Upper level has large open room, additional offices, one restroom, and three apartment units not currently up to code
More about this property
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