Building Details

Tenancy Multi

Listing Agency: EXIT Realty Unlimited Oelwein d***@theneweaglegroup.com Show Phone

Listed By: Noelle Coleman · License #S59842 Show Phone

Source: Exprealty

Added: Oct 6 Changed: Oct 16 Last Checked: Oct 16 at 2:31PM

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Investment Insights

Based on property information with market context.

This flex space was previously used as a CrossFit gym. The premises are presented as adaptable for gym, storage, office, or boutique retail use. Access to common areas is available, and utilities are included except phone, internet, and cable.

Businesses at the location include a bank, real estate brokerage, nail salon, community outreach organization, and attorney office; a restaurant is also being considered.

Key Highlights

• Previously used as a CrossFit gym
• Common‑area access
• Utilities included except phone, internet, and cable

Property Analytics

Current Use

Flex space

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

Multi-tenant

Tenancy

Yes

Utilities to site

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

421

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

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 Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Oelwein Warehouse Space Available

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Similar Off Market Nearby

• Scorpio Catering — 719 S Frederick Ave, Oelwein, IA 50662

Frequently Asked Questions

What type of property is this?

Flex space - Utilities are included except phone, internet, and cable, with access to common areas.

Where is this flex space located?

The property is located at 8-1 W W Charles St Oelwein, IA.

What is the lease rate?

The lease rate is $500/Mo.

What are key features of this property?

This property features: Previously used as a CrossFit gym; Common‑area access; Utilities included except phone, internet, and cable