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Wellman, IA Office Spaces for Sale

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Leased Office Condominium Suites
Updated: Jan 15
Leased Office Condominium Suites

217 8th Ave, Wellman, IA 52356

$224,900
1,845 sqft
Commercial condo For Sale or Lease (Ste 1) with two rentable suites (Ste 1 and Ste 2).
Ste 1: 700‑foot front‑facing suite leased at $825/month gross, including taxes and building insurance; includes two large offices, kitchenette, and private bath.
Ste 2: 1,075‑foot parking‑lot‑facing suite leased at $1,395/month gross, including taxes and building insurance; freshly painted with reception, kitchenette space, private bath, and multiple offices.
CAM charges: Ste 1 $38/month and Ste 2 $72.40/month (combined CAM $110.53/month).
Flooring includes concrete slab grade, carpet, and ceramic tile; zero‑step entry throughout interior spaces.
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Downtown Retail and Office Condo
Updated: Jul 20
Downtown Retail and Office Condo

221 8th Ave, Wellman, IA 52356

$99,900
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 20 Potential Opportunities for your consideration. Besides 2 Active listings in Wellman, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 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.

Multi-Unit Retail Office Building
Multi-Unit Retail Office Building

1054 W Madison St, Washington, IA 52353

$220,000
4,216 sqft

Well-maintained building with a main retail/office area plus two additional office spaces and dedicated half baths per unit.

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Partially Leased Office Building
Partially Leased Office Building

2937 Sierra Ct SW, Iowa City, IA 52240

$2,200,000
37,875 sqft

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

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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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Office Building with Elevator
Office Building with Elevator

Iowa City, IA 52246

$4,750,000
1.45 AC lot

Fully leased professional property with surface and underground parking on a 1.45-acre site.

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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.

Commercial Land with Utilities
Commercial Land with Utilities

5241 Oak Crest Hill Rd SE, Hills, IA 52235

$321,385
1.24 AC lot

CH-zoned parcel with municipal water and sewer within a developed commercial and industrial park.

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Commercial Land with Utilities
Commercial Land with Utilities

5239 Oak Crest Hill Rd SE, Hills, IA 52235

$323,980
1.25 AC lot

CH-zoned commercial land with municipal water and sewer in a developed commercial and industrial park.

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Highway-Visible Commercial Land
Highway-Visible Commercial Land

5231 Oak Crest Hill Rd SE, Hills, IA 52235

$680,385
2.67 AC lot

CH-zoned commercial parcel with municipal water and sewer service in a developed park setting.

View details
Commercial Land with Utilities
Commercial Land with Utilities

5211 Oak Crest Hill Rd SE, Hills, IA 52235

$1,043,262
4.79 AC lot

CH-zoned commercial land with city water and sewer in place.

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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.

237 8th Ave
OFFICE BUILDING

237 8th Ave, Wellman, IA 52356-4707

Estimated value:
$220,000
1,144 sqft 0.03 AC lot
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256 8th Ave
OFFICE BUILDING

256 8th Ave, Wellman, IA 52356-4707

Estimated value:
$175,000
1,056 sqft 0.06 AC lot
View details
1340 Fir Ave
OFFICE BUILDING

1340 Fir Ave, Wellman, IA 52356-9791

Estimated value:
$415,000
1,856 sqft 6.35 AC lot
View details
217 8th Ave
OFFICE BUILDING

217 8th Ave, Wellman, IA 52356-4708

Estimated value:
$260,000
1,845 sqft 0.18 AC lot
View details
305 8th Ave
OFFICE BUILDING

305 8th Ave, Wellman, IA 52356-9311

Estimated value:
$270,000
5,040 sqft 0.19 AC lot
View details
302 8th Ave
PROFESSIONAL BUILDING

302 8th Ave, Wellman, IA 52356-9311

Estimated value:
$190,000
504 sqft 0.13 AC lot
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224 8th Ave
OFFICE BUILDING

224 8th Ave, Wellman, IA 52356

Estimated value:
$180,000
1,680 sqft 0.06 AC lot
View details
201 8th Ave
PROFESSIONAL BUILDING

201 8th Ave, Wellman, IA 52356

Estimated value:
$230,000
1,025 sqft 0.11 AC lot
View details
214 8th Ave
OFFICE BUILDING

214 8th Ave, Wellman, IA 52356-4707

Estimated value:
$255,000
4,816 sqft 0.12 AC lot
View details
704 4th St
OFFICE BUILDING

704 4th St, Wellman, IA 52356

Estimated value:
$590,000
3,100 sqft 0.11 AC lot
View details

Wellman, IA Office Spaces Market Trends and Statistics

Explore 12 office spaces for sale in Wellman, IA on our real estate platform. These investment opportunities span a total of 2,954 square feet of properties for sale, with an estimated market value of $324,800.

Sale prices for office spaces in Wellman, IA start at $99,900, averaging $162,400, and reaching up to $224,900 — 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 3

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 $165K

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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