Building Details

Year Built 1900

Tenancy Multi

Listing Agency: KALONA REALTY, INC. h***@kalonarealty.com Show Phone

Listed By: Jessica Hochstedler Yoder Show Phone

Source: Kalonarealty

Added: Jan 15 Changed: Oct 24 Last Checked: Oct 24 at 2:37PM

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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 KALONA REALTY, INC.

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Investment Insights

Based on property information with market context.

At 217 8th Ave, Suite 1 is a commercial condominium built in 1900, arranged with two office or reception rooms, a kitchenette and a private bathroom. Commercial zoning is identified for the property, and high-speed fiber-optic internet is available.

Street parking is available along the front, with a parking lot at the rear. The condominium association handles exterior maintenance. The owner pays CAM to the association, and each tenant is responsible for rental insurance.

Key Highlights

• Two office or reception rooms, kitchenette and private bathroom
• High‑speed fiber‑optic internet available
• Street parking in front and a parking lot at the rear

Property Analytics

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Current Use

Leichty Insurance and Financial ... Insurance Agency Wellman Family Practice Physician Squiers Meagan M Pediatrician Bjfs LLC Financial Advisor

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.

Lease Details

Multi-tenant

Tenancy

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

127

Businesses Nearby

Explore this area Business Placement

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

Frequently Asked Questions

What type of property is this?

Office unit - Two office or reception rooms share a kitchenette and private restroom within a commercially zoned suite.

Where is this office unit located?

The property is located at 217 8th Ave #Suite 1 Wellman, IA.

What is the lease rate?

The lease rate is $825/Mo.

What are key features of this property?

This property features: Two office or reception rooms, kitchenette and private bathroom; High‑speed fiber‑optic internet available; Street parking in front and a parking lot at the rear