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Flex Property With Retail And Warehouse
New
For Sale
$429,900

829 SE 1st Avenue, Oelwein, IA 50662

Commercial Sale, Oelwein, IA

Property SizeContact for details
Lot Size1.27 Acres
Days on Market1

Property Features for 829 SE 1st Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning Commercial
Directions Use google maps
Standard status Active
APN 1828252004
Lot size 1.27 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOTS 18-21 & LOTS 27-29,& VAC ALLEY RUNNING N & S ADJ TO LOTS 27-29 IN BLK 2, FEULNER'S ADD
Tax Annual Amount 10428
Legal Description LOTS 18-21 & LOTS 27-29,& VAC ALLEY RUNNING N & S ADJ TO LOTS 27-29 IN BLK 2, FEULNER'S ADD

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air

Building Details

Year built 2004
Listing Agency: Century 21 Signature RE · Century 21 Real Estate
Listed By: Timothy Lalk · License #S71966000
Added: Aug 31 Last Checked: Aug 31 at 8:06PM
MLS# 20264164

Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial flex property includes approximately 12,000 square feet of finished retail area and more than 6,000 square feet of warehouse space. The improvements were built in 2004 and include central air conditioning, natural gas, and forced-air heat. Existing shelving, racks, a paint bar, and furnishings remain with the property. The layout reflects its prior hardware and lumber operation while offering a substantial combination of customer-facing and storage areas.

The 1.27-acre site has drive-through circulation between Highway 150 and 1st Avenue SE. Commercial zoning supports the property’s established commercial character, and an additional parcel contributes parking and usable site area. The location is 829 SE 1st Avenue in Oelwein, Iowa.

Key Highlights

  • Approximately 12,000 SF of finished retail space
  • More than 6,000 SF of warehouse space
  • 1.27‑acre commercial site with an additional parcel

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

174
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 - Commercially zoned property combines finished retail space, warehouse capacity, drive-through circulation, and expanded parking.
Where is this flex space located?
The property is located at 829 SE 1st Avenue Oelwein, IA.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Approximately 12,000 SF of finished retail space; More than 6,000 SF of warehouse space; 1.27‑acre commercial site with an additional parcel
More about this property
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