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Two-Story Mixed-Use Building
For Sale
Contact for pricing
Pending

22 S Frederick Avenue, Oelwein, IA 50662

Three main-level suites, flexible upper-level space, basement storage, and front-to-rear pedestrian access support varied commercial uses.

Property SizeContact for details
Days on Market143

Property Features for 22 S Frederick Avenue

General Information

Standard status Pending
Property subtype Retail, Office

Additional Details

Office Units 3

Amenities

pedestrian tunnel
storage options

Building Details

Buildings 1
Stories 2
Tenancy Multi
Listing Agency: The Fischels Group
Listed By: Joe Leehey · License #IA
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 9:58PM

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 The Fischels Group

Investment Insights

Based on property information with market context.

This two-story mixed-use building contains three office or retail suites on the main level, with one currently occupied. A pedestrian tunnel connects the front and rear of the property, and parking is available on site. The upper floor is open and can accommodate consideration for apartments, additional office space, or storage. Basement areas provide further storage capacity.

Recent property updates include the roof and windows. Located in downtown Oelwein, the building combines multiple commercial suites with additional flexible space across the upper level and basement.

Key Highlights

  • Two‑story building with three office/retail suites on the main level
  • One of three main‑level office/retail spaces is currently occupied
  • Pedestrian tunnel provides access from the front and rear

Property Analytics

Current Use

Donaldson Co Big Box & Wholesale Store 29 Nutrition Restaurant Nail Envy Nail Salon

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.

Lease Details

3
Office units
Multi-tenant
Tenancy

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three main-level suites, flexible upper-level space, basement storage, and front-to-rear pedestrian access support varied commercial uses.
Where is this mixed-use property located?
The property is located at 22 S Frederick Avenue Oelwein, IA.
What are key features of this property?
This property features: Two‑story building with three office/retail suites on the main level; One of three main‑level office/retail spaces is currently occupied; Pedestrian tunnel provides access from the front and rear
More about this property
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