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Flex Space with Retail and Warehouse
New
For Sale
$449,900

829 1st Ave SE, Oelwein, IA 50662

Combined retail and warehouse improvements include installed shelving, storage racks, and furnishings for flexible commercial occupancy.

Property Size17,936 SF
Price / SF$25.08
Days on Market2

Property Features for 829 1st Ave SE

General Information

Standard status Active
Size 17,936 SF

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 2004
Listing Agency: Century 21 Signature Real Estate-Waverly
Listed By: Timothy Lalk · License #S71966000
Source: Kwlegacyrealty
Added: Aug 16 Changed: Aug 17 Last Checked: Aug 17 at 2:24AM

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 Century 21 Signature Real Estate-Waverly

Investment Insights

Based on property information with market context.

Built in 2004, this flex property combines approximately 12,000 square feet of finished retail area with an additional 6,000+ square feet of warehouse space. The improvements were formerly used for hardware retail and lumber storage, and the existing shelving, racks, and furnishings are included. The layout may accommodate a single operator or multiple occupants, subject to applicable requirements.

The property covers over an acre and provides drive-through connectivity between Highway 150 and 1st Avenue SE. An additional parcel is included for expanded parking. The combination of retail, warehouse, storage, and circulation areas creates a functional commercial footprint for a range of business operations.

Key Highlights

  • Approximately 12,000 square feet of finished retail space
  • Additional 6,000+ square feet of warehouse space
  • Over an acre with an additional parcel for expanded parking

Property Analytics

Current Use

Lumber Ridge Home ... Big Box & Wholesale Store UPS Authorized Shipping ... Courier Service

Suggested Use

Top Pick Building Supply Real Estate Agency Parking Lot & Garage Big Box & Wholesale Store Electrical Service Pharmacy

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

277
Businesses Nearby
Under-served
Demand for This Use

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
Rey
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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 - Combined retail and warehouse improvements include installed shelving, storage racks, and furnishings for flexible commercial occupancy.
Where is this flex space located?
The property is located at 829 1st Ave SE Oelwein, IA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Approximately 12,000 square feet of finished retail space; Additional 6,000+ square feet of warehouse space; Over an acre with an additional parcel for expanded parking
More about this property
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