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    Wellman, IA Office Spaces for Sale

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    Brick Retail Building with Flexible Interior
    Updated: Apr 3
    Brick Retail Building with Flexible Interior

    230-234 8th Ave, Wellman, IA 52356

    $145,000
    0.12 AC lot
    Approximately 5,310 SF brick retail building with flexible retail, office, or restaurant configuration
    Two bathrooms and adaptable interior layout
    0.12‑acre lot on 8th Ave in downtown Wellman
    Built in 1900 with brick and frame construction and wood/vinyl flooring
    Central forced air heating with natural gas and central air cooling
    View details
    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
    View details
    Leased Office Condominium Suites
    Leased Office Condominium Suites

    217 8th Ave, Wellman, IA 52356

    $224,900
    1,845 sqft

    Flexible office condo setup offers two turn-key suites with private restrooms and kitchenette space for owner occupants or tenants.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Renovated Brick Office Building
    Renovated Brick Office Building

    302 8th Ave, Wellman, IA 52356

    Contact for pricing

    Renovated former bank office building with a renovated lobby, conference area, remodeled half bath, and storage.

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    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 4 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.

    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
    Office Building with Apartments
    Office Building with Apartments

    109 S Marion Ave, Washington, IA 52353

    $175,000
    0.06 AC lot

    Mixed-use office space with a finished lower level and two one-bedroom apartments above.

    View details
    Commercial Flex Space with Overhead Doors
    Commercial Flex Space with Overhead Doors

    4175 Alyssa Ct SW Unit F, Iowa City, IA 52240

    Contact for pricing
    2,500 sqft

    2,500 SF flex space with two 1270 x 1470 overhead doors, insulated walls, office/bathroom, and 16' clear height.

    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.

    Commercial-Industrial Land with Utilities
    Commercial-Industrial Land with Utilities

    5241 Oak Crest Hill Rd SE, Hills, IA 52235

    $321,385
    1.24 AC lot

    Fully developed lots with city water and sewer, positioned for commercial and industrial use with highway visibility.

    View details
    Fully-Developed Commercial Land Lot
    Fully-Developed Commercial Land Lot

    5239 Oak Crest Hill Rd SE, Hills, IA 52235

    $323,980
    1.25 AC lot

    Commercially zoned, utility-served lot with strong visibility off Highway 218 for flexible development concepts.

    View details
    Commercial Industrial Land Parcel
    Commercial Industrial Land Parcel

    5231 Oak Crest Hill Rd SE, Hills, IA 52235

    $680,385
    2.67 AC lot

    Fully developed industrial lots with city water and sewer in a newer commercial corridor.

    View details
    Fully-Serviced Industrial Land Parcel
    Fully-Serviced Industrial Land Parcel

    5211 Oak Crest Hill Rd SE, Hills, IA 52235

    $1,043,262
    4.79 AC lot

    Developed industrial lots with city water and sewer utilities and strong corridor visibility from Highway 218.

    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.

    237 8th Ave
    OFFICE BUILDING

    237 8th Ave, Wellman, IA 52356-4707

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

    256 8th Ave, Wellman, IA 52356-4707

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

    1340 Fir Ave, Wellman, IA 52356-9791

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

    217 8th Ave, Wellman, IA 52356-4708

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

    305 8th Ave, Wellman, IA 52356-9311

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

    302 8th Ave, Wellman, IA 52356-9311

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

    224 8th Ave, Wellman, IA 52356

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

    201 8th Ave, Wellman, IA 52356

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

    214 8th Ave, Wellman, IA 52356-4707

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

    704 4th St, Wellman, IA 52356

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

    Wellman, IA Office Spaces Market Trends and Statistics

    Explore 14 office spaces for sale in Wellman, IA, showcased through 4 active listings 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 $494,900.

    Sale prices for office spaces in Wellman, IA start at $125,000, averaging $164,966, 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 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 $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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