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Downtown Retail Storefront
New
For Sale
$140,000

230-234 8th Ave, Wellman, IA 52356

The interior is arranged for retail, office, or restaurant use and includes two bathrooms.

Property Size5,310 SF
Lot Size0.12 Acres
Price / SF$26.37
Days on Market5

Property Features for 230-234 8th Ave

General Information

Standard status Active
Size 5,310 SF
Lot size 0.12 Acres
Property subtype Commercial
Zoning Commercial

Taxes and HOA fees

Annual Taxes $1,943

Amenities

Vinyl,Wood
37.5x120 & 6.5x120
0.12
CountyRoad,Paved

Building Details

Year Built 1900
Buildings 1
Listing Agency: SKOGMAN REALTY
Listed By: Lydia Fitzgerald
Source: Pinnaclerealtyia
Added: Sep 28 Changed: Oct 1 Last Checked: Oct 1 at 9:03AM

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 SKOGMAN REALTY

Investment Insights

Based on property information with market context.

This 5,310-square-foot storefront at 230-234 8th Ave is arranged for retail, office, or restaurant use. The building dates to 1900 and has two bathrooms, with vinyl and wood interior finishes. The property is being sold as-is.

On a 0.12-acre lot along 8th Avenue, the property sits in downtown Wellman, Iowa.

Key Highlights

  • 5,310‑square‑foot commercial storefront
  • Built in 1900
  • Configured for retail, office, or restaurant use

Property Analytics

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Current Use

Storefront properties

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.

Location Intelligence

Trade Area within ½ mile

127
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - The interior is arranged for retail, office, or restaurant use and includes two bathrooms.
Where is this storefront property located?
The property is located at 230-234 8th Ave Wellman, IA.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: 5,310‑square‑foot commercial storefront; Built in 1900; Configured for retail, office, or restaurant use
More about this property
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