Wellman, IA
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    Wellman, IA Office Spaces 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
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    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 1 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.

    Iowa City Class A Building
    $4,750,000
    28,545 SF
    Iowa City Class A Building

    Class A building fully leased with income potential in IowaCity.

    Iowa City, IA 52246

    View details
    Live-Work Space with Separate Entrances
    $159,000
    0.13 Acres
    Live-Work Space with Separate Entrances

    Converted home offers flexible main-floor reception and separate second-floor living with heating and cooling via mini-splits.

    315 S Iowa 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
    Iowa City Medical/Office Building
    $1,108,525
    4,301 SF
    Iowa City Medical/Office Building

    Class A office building suitable for medical or traditional office.

    1067 Ryan Ct, Iowa City, IA

    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 Land in Hills, Iowa
    $321,385
    1.24 Acres
    Commercial Land in Hills, Iowa

    Unimproved commercial land with utilities and highway visibility.

    5241 Oak Crest Hill Rd SE, Hills, IA 52235

    View details
    Commercial Land in Hills, Iowa
    $323,980
    1.25 Acres
    Commercial Land in Hills, Iowa

    1.25 acre commercial land with utilities and highway visibility.

    5239 Oak Crest Hill Rd SE, Hills, IA 52235

    View details
    Commercial Land in Hills, Iowa
    $680,385
    2.67 Acres
    Commercial Land in Hills, Iowa

    Unimproved commercial land with utilities and highway visibility.

    5231 Oak Crest Hill Rd SE, Hills, IA 52235

    View details
    Hills, IA Commercial/Industrial Land
    $1,043,262
    4.79 Acres
    Hills, IA Commercial/Industrial Land

    4.79 acre commercial/industrial park with utilities and highway visibility.

    5211 Oak Crest Hill Rd SE, Hills, IA 52235

    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
    1,144 SF Lot: 0.03 Acres
    Value Estimation by Request

    237 8th Ave, Wellman, IA 52356-4707

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    256 8th Ave
    OFFICE BUILDING
    1,056 SF Lot: 0.06 Acres
    Value Estimation by Request

    256 8th Ave, Wellman, IA 52356-4707

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    1340 Fir Ave
    OFFICE BUILDING
    1,856 SF Lot: 6.35 Acres
    Value Estimation by Request

    1340 Fir Ave, Wellman, IA 52356-9791

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    217 8th Ave
    OFFICE BUILDING
    1,845 SF Lot: 0.18 Acres
    Value Estimation by Request

    217 8th Ave, Wellman, IA 52356-4708

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    305 8th Ave
    OFFICE BUILDING
    5,040 SF Lot: 0.19 Acres
    Value Estimation by Request

    305 8th Ave, Wellman, IA 52356-9311

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    302 8th Ave
    PROFESSIONAL BUILDING
    504 SF Lot: 0.13 Acres
    Value Estimation by Request

    302 8th Ave, Wellman, IA 52356-9311

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    224 8th Ave
    OFFICE BUILDING
    1,680 SF Lot: 0.06 Acres
    Value Estimation by Request

    224 8th Ave, Wellman, IA 52356

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    201 8th Ave
    PROFESSIONAL BUILDING
    1,025 SF Lot: 0.11 Acres
    Value Estimation by Request

    201 8th Ave, Wellman, IA 52356

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    214 8th Ave
    OFFICE BUILDING
    4,816 SF Lot: 0.12 Acres
    Value Estimation by Request

    214 8th Ave, Wellman, IA 52356-4707

    View details
    704 4th St
    OFFICE BUILDING
    3,100 SF Lot: 0.11 Acres
    Estimated value
    $740,000

    704 4th St, Wellman, IA 52356

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    Wellman, IA Office Spaces Market Trends and Statistics

    Explore 11 office spaces 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 office spaces 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 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 $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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