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    Wellman, IA Mixed-use Properties for Sale

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    Kalona, IA Keota, IA Parnell, IA
    Downtown Mixed-Use Conversion Opportunity
    $145,000
    5,310 SF
    Downtown Mixed-Use Conversion Opportunity

    230-234 8th Ave, Wellman, IA 52356

    A flexible commercial building configured for retail, office, or restaurant use, with two bathrooms, sold As-Is.
    • Prime downtown location on 8th Avenue offers excellent visibility.
    • 5,310 square foot commercial property with versatile configuration.
    • Potential for upper‑level apartment conversion.
    • Historic building (built in 1900) with character.
    • Flexible interior layout and two bathrooms provide a strong foundation.
    Updated: Apr 3
    View details
    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.

    Income-Producing Investment in Williamsburg, IA
    $315,000
    5,300 SF
    Income-Producing Investment in Williamsburg, IA

    Renovated commercial property with diverse income streams and prime location.

    306 W State Street, Williamsburg, IA 52361

    View details
    Versatile Live-Work Space, Washington, IA
    $239,000
    0.23 Acres
    Versatile Live-Work Space, Washington, IA

    4,260 sq ft commercial space with living potential.

    216 S 15th Ave, Washington, IA 52353

    View details
    Mixed-Use Commercial Building with Apartments
    $175,000
    0.06 Acres
    Mixed-Use Commercial Building with Apartments

    Downtown Washington mixed-use building with finished office/workspace and two upper one-bedroom apartments.

    109 S Marion Ave, Washington, IA 52353

    View details
    Mixed-Use Property in Williamsburg, IA
    $224,900
    0.34 Acres
    Mixed-Use Property in Williamsburg, IA

    Mixed-use property with apartments and storage bays in Williamsburg.

    102 Washington Street, Williamsburg, IA 52361

    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.

    7.2 Acres on Camp Cardinal
    $1,000,000
    7.20 Acres
    7.2 Acres on Camp Cardinal

    7.2 acre parcel zoned MU in IowaCity, Iowa.

    Iowa City, IA 52246

    View details
    Riverfront Crossing Development Site
    $1,700,000
    0.55 Acres
    Riverfront Crossing Development Site

    Development site in Riverfront Crossing District near downtown and university.

    1020 South Gilbert Street, Iowa City, IA 52240

    View details
    Redevelopment Land in Iowa City
    $4,750,000
    1.59 Acres
    Redevelopment Land in Iowa City

    1.59 acres of land approved for 192 units.

    Iowa City, IA 52240

    View details
    Cedar Rapids Commercial Land ForSale
    $364,815
    1.34 Acres
    Cedar Rapids Commercial Land ForSale

    1.34-acre lot near Eastern Iowa Airport with mixed-use zoning.

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

    View details

    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)
    1,728 SF Lot: 10.57 Acres
    Value Estimation by Request

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

    View details
    310 8th Ave
    OFFICE/RESIDENTIAL (MIXED USE)
    5,040 SF Lot: 0.07 Acres
    Value Estimation by Request

    310 8th Ave, Wellman, IA 52356-9346

    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. These investment opportunities span a total of 5,310 square feet of properties for sale, with an estimated market value of $145,000.

    Sale prices for multi use buildings in Wellman, IA start at $145,000, averaging $145,000, and reaching up to $145,000 — 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%

    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 $145K

    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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