217 8Th Ave Wellman, IA 52356
For Lease
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This exceptional commercial property, situated at 217 8th Ave Unit Suites 1 in Wellman, Iowa, presents a unique investment opportunity. The property encompasses a sizable 0.18-acre lot, offering ample space for various commercial ventures. While the precise square footage of the building is currently unavailable, the substantial lot size suggests significant potential for expansion or redevelopment. Its location in Wellman, IA provides access to a thriving local market and offers excellent visibility for businesses seeking a strong presence in the community. The property's general commercial zoning allows for a wide range of uses, making it an attractive option for entrepreneurs and investors alike. The absence of a listed price indicates a flexible negotiation process, allowing for tailored offers based on individual business plans and investment strategies. This property is an ideal canvas for a new business or a strategic addition to an existing portfolio. Serious inquiries are encouraged to explore the possibilities this prime Wellman location offers. The property's versatility and strategic location make it a compelling investment opportunity in a growing Iowa community. Further details regarding the building's specifications are available upon request.
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Leichty Insurance and Financial Services, Inc. Insurance Agency
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Wellman Family Practice Physician
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Squiers Meagan M Pediatrician Physician
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Bjfs LLC Financial Advisor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.