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    Wellman, IA
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    Wellman, IA Office Units 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
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    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
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    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
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Wellman, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    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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    Live-Work Space with Separate Entrances
    Live-Work Space with Separate Entrances

    315 S Iowa Ave, Washington, IA 52353

    $159,000
    0.13 AC lot

    B2-zoned live-work converted frame home with mini-split cooling and separate entrances for main and second floors.

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    Industrial Flex Building with Showroom
    Industrial Flex Building with Showroom

    4165 Alyssa Ct Unit A, Iowa City, IA 52240

    Contact for pricing
    16,456 sqft

    Flex building offers a built-out showroom/conference area, offices, kitchen, restroom, forced air, and two shop bays with overhead doors.

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    Built-Out Office Suite with Parking
    Built-Out Office Suite with Parking

    2346 Mormon Trek Blvd Unit 1600, Iowa City, IA 52246

    Contact for pricing
    3,303 sqft

    Class A, second-generation office space featuring many windowed offices, a conference room, and front and rear entrances.

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    Wellman, IA Office Units Market Trends and Statistics

    Explore 3 office units for sale in Wellman, IA, showcased through 3 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 units 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
    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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