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    Wellman, IA
    Mixed-Use

    Wellman, IA Mixed-use Properties for Sale

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    Kalona, IA Keota, IA Parnell, IA Iowa City, IA North English, IA Washington, IA Williamsburg, IA Riverside, IA
    Historic Mixed-Use Building
    Updated: Apr 3
    Historic Mixed-Use Building

    230-234 8th Ave, Wellman, IA 52356

    $140,000
    0.12 AC lot
    5,310‑square‑foot commercial building on a 0.12‑acre lot
    Located at 230‑234 8th Ave in downtown Wellman
    Current layout supports retail, office, or restaurant use
    Upper‑level apartment conversion potential through renovation
    Brick and frame construction dating to 1900
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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 11 Potential Opportunities for your consideration. Besides 1 Active listings in Wellman, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, 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.

    Live-Work Property with Separate Entrances
    Live-Work Property with Separate Entrances

    315 S Iowa Ave, Washington, IA 52353

    $159,000
    2,007 sqft

    A two-level configuration combines a reception-oriented main floor with residential accommodations upstairs.

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    Six-Unit Mixed-Use Building
    Six-Unit Mixed-Use Building

    101 S Marion Ave., Washington, IA 52353

    $425,000
    0.11 AC lot

    Brick downtown property combines retail, office, restaurant, bar, and residential spaces under one roof.

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    Mixed-Use Property with Vacant Commercial Space
    Mixed-Use Property with Vacant Commercial Space

    320 2nd St, Coralville, IA 52241

    $5,950,000
    2.62 AC lot

    Includes short-term rental accommodations, management space, and additional commercial areas available for occupancy.

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    Short-Term Rental Property with Commercial Space
    Short-Term Rental Property with Commercial Space

    320 2nd St, Coralville, IA 52241

    $5,950,000

    Residential accommodations are paired with vacant commercial suites in the north building.

    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.

    Mixed-Use Development Land Parcel
    Mixed-Use Development Land Parcel

    Iowa City, IA 52246

    $1,000,000
    7.20 AC lot

    7.2-acre parcel with MU zoning, city utilities, and strong roadway traffic counts along Camp Cardinal Blvd.

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    Riverfront Crossing Development Site
    Riverfront Crossing Development Site

    1020 S Gilbert St, Iowa City, IA 52240

    $1,700,000
    0.55 AC lot

    Development site in Riverfront Crossing District near downtown and university.

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    Approved Redevelopment Land
    Approved Redevelopment Land

    Iowa City, IA 52240

    $4,750,000
    1.59 AC lot

    City approval supports residential redevelopment with required parking and bicycle facilities.

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    Commercial Land with Mixed-Use Zoning
    Commercial Land with Mixed-Use Zoning

    1406 Adair Court SW lot: 3, Cedar Rapids, IA 52404

    $364,815
    1.34 AC lot

    ILI zoning is identified for retail, office, industrial, restaurant, and business-suite uses.

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    Off-Market Properties in Wellman, IA

    Consider similar Off-Market properties in Wellman, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1014 540th SW St
    OFFICE/RESIDENTIAL (MIXED USE)

    1014 540th SW St, Wellman, IA 52356-9583

    $300,000
    Estimated value
    1,728 sqft 10.57 AC lot
    View details
    310 8th Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    310 8th Ave, Wellman, IA 52356-9346

    $235,000
    Estimated value
    5,040 sqft 0.07 AC lot
    View details

    Wellman, IA Mixed-Use Properties Market Trends and Statistics

    Explore 3 mixed-use properties for sale in Wellman, IA on our real estate platform.

    Sale prices for multi use buildings in Wellman, IA average $140,000 — 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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    Demographics Overview

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

    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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