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    Wellman, IA Restaurants 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
    View details
    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 1 Active listings in Wellman, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 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.

    Turn-Key Restaurant/Bar with Drive Thru
    $799,950
    3,470 SF
    Turn-Key Restaurant/Bar with Drive Thru

    Fully equipped restaurant/bar with drive-thru on high-traffic corner.

    1519 6th Street SW, Cedar Rapids, IA 52404

    View details
    Bar and Restaurant with Apartment
    $320,000
    3,050 SF
    Bar and Restaurant with Apartment

    Turnkey bar/restaurant building with upstairs apartment and basement storage, recently refreshed with roofing, HVAC, and site improvements.

    912 1st Ave, Cedar Rapids, IA 52405

    View details
    Retail Space on Highway 1
    $1,150,000
    4,560 SF
    Retail Space on Highway 1

    Retail property for sale with high visibility and access.

    521-525 Hwy 1 W, Iowa City, IA

    View details
    Restaurant and Retail Space Available
    Contact for pricing
    1.01 Acres
    Restaurant and Retail Space Available

    Renovated restaurant/retail space with new kitchen, hood, and warehouse access.

    Iowa City, IA 52246

    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
    $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
    Commercial Land in Iowa City
    $589,000
    1.56 Acres
    Commercial Land in Iowa City

    Commercial land with high visibility and traffic counts.

    Iowa City, IA 52240

    View details
    Iowa City Commercial Land Available
    $455,000
    1.19 Acres
    Iowa City Commercial Land Available

    Commercial land with high visibility in South Iowa City.

    Iowa City, IA 52240

    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.

    252 8th Ave
    BAR, TAVERN
    2,904 SF Lot: 0.06 Acres
    Value Estimation by Request

    252 8th Ave, Wellman, IA 52356-4707

    View details
    603 9th Ave
    RESTAURANT
    2,112 SF Lot: 0.24 Acres
    Value Estimation by Request

    603 9th Ave, Wellman, IA 52356

    View details
    255 8th Ave
    BAR, TAVERN
    4,796 SF Lot: 0.06 Acres
    Value Estimation by Request

    255 8th Ave, Wellman, IA 52356-4707

    View details
    223 8th Ave
    RESTAURANT
    2,194 SF Lot: 0.18 Acres
    Value Estimation by Request

    223 8th Ave, Wellman, IA 52356-4707

    View details
    251 8th Ave
    BAR, TAVERN
    2,904 SF Lot: 0.06 Acres
    Value Estimation by Request

    251 8th Ave, Wellman, IA 52356-4707

    View details
    260 8th Ave
    BAR, TAVERN
    2,640 SF Lot: 0.06 Acres
    Value Estimation by Request

    260 8th Ave, Wellman, IA 52356

    View details

    Wellman, IA Restaurants Market Trends and Statistics

    Explore 7 restaurants 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 restaurant properties 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

    Conventional restaurants 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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