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Property profile & analytics
OFF-MARKET
Retail space

446 Frederick Ave Oelwein, IA 50662-2505

1,472 SF 0.13 ac lot Built 1949
Individually Owned Absentee Owner Free & Clear
Property ID
US25-2450155
Property summary
AI-generated overview

This exceptional commercial property, located at 446 S Frederick in Oelwein, Iowa, presents a fantastic opportunity for investors and business owners alike. The building offers 1,472 square feet of versatile space, ideal for a variety of retail uses. The property includes substantial storage space, adding significant value and practicality for any business. Situated on a conveniently sized 0.13-acre lot, the property offers ample room for loading, unloading, and potential future expansion. The asking price of $20,000 makes this an incredibly attractive investment in a thriving Iowa community. The property's location in Oelwein provides easy access to local amenities and a strong customer base. This is a rare chance to acquire a well-priced commercial property with significant potential for growth and return on investment. The existing structure is ready for immediate occupancy, allowing for a quick start to your business ventures. Don't miss this chance to own a piece of Oelwein's commercial landscape. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1949
Construction FRAME
Total area 1,472 SF
Lot 0.13 ac (5,700 SF)
APN 1821381004
UPID US25-2450155
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Burkey TV Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
DOUGLAS A BURKEY
DOUGLAS A BURKEY
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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