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    Wellman, IA
    Medical Premises

    Wellman, IA Medical Office Space for Sale

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    Downtown Retail and Office Condo
    Updated: Jul 20
    Downtown Retail and Office Condo

    221 8th Ave, Wellman, IA 52356

    $125,000
    1,109 sqft
    1,109 SF commercial condo with large front display windows and street parking in downtown Wellman
    Versatile space suited for retail, office, medical, or service‑based businesses
    Monthly CAM fees are $126.50, covering external maintenance through the association
    Vinyl flooring
    Lot size is 0.18 acres with 66x120 lot dimensions
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Wellman, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Class A Office Building with Underground Parking
    Class A Office Building with Underground Parking

    Iowa City, IA 52246

    $4,750,000
    1.45 AC lot

    Zoned CO1 and fully leased class A office building with surface and underground parking and elevator service to the second floor.

    View details
    Elevator-Served Office Building
    Elevator-Served Office Building

    520 10th Ave, Coralville, IA 52241

    $4,720,000
    1.82 AC lot

    Three-story, elevator-served brick office/medical building zoned C3, vacant and ready for the next tenant or owner.

    View details
    Partially Leased Office Building
    Partially Leased Office Building

    2937 Sierra Ct SW, Iowa City, IA 52240

    Contact for pricing
    37,875 sqft

    Substantially sized office building with large floor plates, partially leased, and remaining second/third floor vacancy.

    View details
    Two-Level Office Units with Natural Light
    Two-Level Office Units with Natural Light

    2791 Heartland Drive, Coralville, IA 52241

    Contact for pricing
    2,911 sqft 1.40 AC lot

    Professional, medical, and retail configurations occupy a 2020-built property near established healthcare and retail operators.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Dubuque Commercial Development Site
    Dubuque Commercial Development Site

    6501 Boulder Brook Court, Dubuque, IA 52003

    $600,000
    2.93 AC lot

    Prime commercial land with high visibility and highway frontage.

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    Divisible Commercial Development Land
    Divisible Commercial Development Land

    W WABASH Avenue, Springfield, IL 62711

    $7,900,000
    28.79 AC lot

    Commercially zoned acreage with subdivision flexibility and surrounding business, residential, and automotive uses.

    View details
    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    2234 S Eola Road, Aurora, IL 60503

    $475,000
    1.06 AC lot

    COMMR-zoned commercial land positioned between established retail and banking uses.

    View details
    Prime Land in Randall Road
    Prime Land in Randall Road

    6850 Huntley Road, Carpentersville, IL 60110

    $550,000
    2.38 AC lot

    2.38 acres in Carpentersville's Randall Road Commercial District.

    View details

    Wellman, IA Medical Office Space Market Trends and Statistics

    Explore 1 medical office space for sale in Wellman, IA on our real estate platform. These investment opportunities span a total of 1,109 square feet of properties for sale, with an estimated market value of $125,000.

    Sale prices for medical spaces in Wellman, IA average $125,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 4
    Medical Office Space 1
    Office buildings 1

    Demographics Overview

    Population 2,754
    Population Growth (5Y) +2.3%
    Median Household Income $54,659
    College Educated 21.9%

    High-Yield Neighborhoods for Investment

    Identify Wellman submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    52356 $125K

    Taxes & Financing

    Tax Rate (average for all types) 2.11%
    Property Tax per SF $21.01 per SF
    Tax Rate vs County Average 0.61 pp below county avg
    Average Loan-to-Value 65.0%

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