Leased Office Condominium Suites

217 8th Ave Wellman, IA 52356

Claim this Listing
For Sale
$224,900

Flexible office condo setup offers two turn-key suites with private restrooms and kitchenette space for owner occupants or tenants.

Type:Commercial
Property size:
1,845 SF
Price / SF:
$121/SF
Added:
Jan 15, 2026
Days on Market:
177
Last Refresh:
Jul 8 at 2:16 am

Property Features for 217 8th Ave

General Information

Standard status
Active
Size
1,845 SF
Property subtype
Commercial

Building Details

Year Built
1900

Listing office EXECUTIVE REALTY

Listing date Jan 15, 2026

Source Pinnaclerealtyia

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 EXECUTIVE REALTY


Investment Insights

Based on property information with market context.

This commercial condo presents two office suites in very good condition, currently configured for leasing and also suitable for owner occupancy. Suite 1 (front facing) includes two large office areas, a kitchenette, and a private bathroom. Suite 2 is freshly painted and features a reception area, kitchenette space, a private bathroom, and multiple individual rooms/offices; one additional room is plumbed for water. Each suite includes common area access, including shared common area bathrooms for Suite 2.

The property is a street-access building with street parking in front for Suite 1 and a rear parking lot serving Suite 2. The most recent reported rent for Suite 1 is $825 per month (gross), including taxes and building insurance, and the current reported rent for Suite 2 is $1,395 per month (gross) including taxes and building insurance. Suite 1 CAM is an additional $38 per month, and Suite 2 CAM is an additional $72.40 per month, for a combined CAM of $110.53 per month.

For tenants or owner-occupants, the layout supports either one-suite occupation or taking both suites together for a larger footprint. The private bathrooms and kitchenette areas within each suite help support daily operations, while the different room counts and the water-plumbed room in Suite 2 provide options for administrative use, client-facing functions, or departmental offices.

Key Highlights

  • Commercial condo For Sale or Lease (Ste 1) with two rentable suites (Ste 1 and Ste 2).
  • Ste 1: 700‑foot front‑facing suite leased at $825/month gross, including taxes and building insurance; includes two large offices, kitchenette, and private bath.
  • Ste 2: 1,075‑foot parking‑lot‑facing suite leased at $1,395/month gross, including taxes and building insurance; freshly painted with reception, kitchenette space, private bath, and multiple offices.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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

Suggested Use

Building Supply Auto Repair Shop Big Box & Wholesale Store HVAC Service Storage Facility Hair Salon Auto Parts Store Electrical Service Cafe & Coffee Shop Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Flexible office condo setup offers two turn-key suites with private restrooms and kitchenette space for owner occupants or tenants.
Where is this office units located?
The property is located at 217 8th Ave Wellman, IA.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Commercial condo For Sale or Lease (Ste 1) with two rentable suites (Ste 1 and Ste 2).; Ste 1: 700‑foot front‑facing suite leased at $825/month gross, including taxes and building insurance; includes two large offices, kitchenette, and private bath.; Ste 2: 1,075‑foot parking‑lot‑facing suite leased at $1,395/month gross, including taxes and building insurance; freshly painted with reception, kitchenette space, private bath, and multiple offices.
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