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    Wellman, IA
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    Wellman, IA Retail Properties & Spaces for Sale

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    Downtown Retail Storefront
    Updated: Sep 26
    Downtown Retail Storefront

    230-234 8th Ave, Wellman, IA 52356

    $140,000
    0.12 AC lot
    5,310‑square‑foot commercial storefront on a 0.12‑acre lot
    Built in 1900 with brick and frame construction
    Retail, office, or restaurant configuration; two bathrooms
    Upper‑level apartment conversion potential through renovation
    Commercial zoning
    View details
    Downtown Retail Storefront
    Updated: Sep 28
    Downtown Retail Storefront

    230-234 8th Ave, Wellman, IA 52356

    $140,000
    5,310 sqft 0.12 AC lot
    5,310‑square‑foot commercial storefront
    Built in 1900
    Configured for retail, office, or restaurant use
    Two bathrooms
    Located on a 0.12‑acre lot at 230‑234 8th Ave in downtown Wellman
    View details
    Downtown Retail and Office Condo
    Downtown Retail and Office Condo

    221 8th Ave, Wellman, IA 52356

    $85,000
    1,109 sqft

    Versatile commercial condo with large front display windows and street parking in downtown Wellman, with CAM covering external maintenance.

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    3 active listings match your search: Retail for sale in Wellman, IA. Based on your search, we've also compiled 45 Potential Opportunities for your consideration: 4 properties in nearby cities, 37 off-market properties to explore as potential leads, and 4 land listings with development potential.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Automotive Shop with Multiple Hoists
    Automotive Shop with Multiple Hoists

    1216 Maple Avenue, Kalona, IA 52247

    $925,000
    5,184 sqft 1.00 AC lot

    Purpose-built facility with service bays, office, waiting area, and automotive equipment.

    View details
    Two-Studio Fitness Property
    Two-Studio Fitness Property

    1609 E Washington St, Washington, IA 52353

    $185,000
    13,503 sqft

    Commercial zoning and two distinct studio areas create a flexible layout for fitness-related operations.

    View details
    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.

    View details
    Mixed-Use Commercial Building
    Mixed-Use Commercial Building

    603 B Ave, Kalona, IA 52247

    $299,500

    Commercial zoning and a flexible interior support retail, office, professional service, or combined business use.

    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 with Utilities
    Commercial Land with Utilities

    5241 Oak Crest Hill Rd SE, Hills, IA 52235

    $321,385
    1.24 AC lot

    CH-zoned site with city water, sewer and cable service available.

    View details
    Commercial Land with Highway Visibility
    Commercial Land with Highway Visibility

    5239 Oak Crest Hill Rd SE, Hills, IA 52235

    $323,980
    1.25 AC lot

    A developed commercial parcel offers city water and sewer service in the South Corridor commercial and industrial park.

    View details
    Developed Commercial Land
    Developed Commercial Land

    5231 Oak Crest Hill Rd SE, Hills, IA 52235

    $680,385
    2.67 AC lot

    A commercially zoned site with city water and sewer service in place.

    View details
    Commercial Land in Developed Park
    Commercial Land in Developed Park

    5211 Oak Crest Hill Rd SE, Hills, IA 52235

    $1,043,262
    4.79 AC lot

    CH-zoned land with city water and sewer service available supports commercial development.

    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

    252 8th Ave, Wellman, IA 52356-4707

    Estimated value:
    $210,000
    2,904 sqft 0.06 AC lot
    View details
    301 9th Ave
    SERVICE STATION (FULL SERVICE)

    301 9th Ave, Wellman, IA 52356-9301

    Estimated value:
    $255,000
    1,372 sqft 0.19 AC lot
    View details
    212 8th Ave
    BARBER, HAIR SALON

    212 8th Ave, Wellman, IA 52356

    Estimated value:
    $225,000
    2,640 sqft 0.06 AC lot
    View details
    242 8th Ave
    RETAIL STORES (PERSONAL SERVICES)

    242 8th Ave, Wellman, IA 52356

    Estimated value:
    $160,000
    2,378 sqft 0.07 AC lot
    View details
    230 8th Ave
    RETAIL STORES (PERSONAL SERVICES)

    230 8th Ave, Wellman, IA 52356-4707

    Estimated value:
    $250,000
    5,120 sqft 0.10 AC lot
    View details
    241 8th Ave
    RETAIL STORES (PERSONAL SERVICES)

    241 8th Ave, Wellman, IA 52356-4707

    Estimated value:
    $165,000
    1,254 sqft 0.06 AC lot
    View details
    265 8th Ave
    RETAIL STORES (PERSONAL SERVICES)

    265 8th Ave, Wellman, IA 52356-4707

    Estimated value:
    $290,000
    9,680 sqft 0.12 AC lot
    View details
    603 9th Ave
    RESTAURANT

    603 9th Ave, Wellman, IA 52356

    Estimated value:
    $250,000
    2,112 sqft 0.24 AC lot
    View details
    820 2nd St
    SERVICE STATION (FULL SERVICE)

    820 2nd St, Wellman, IA 52356

    Estimated value:
    $250,000
    1,961 sqft 0.12 AC lot
    View details
    821 2nd St
    RETAIL STORES (PERSONAL SERVICES)

    821 2nd St, Wellman, IA 52356

    Estimated value:
    $135,000
    826 sqft 0.04 AC lot
    View details
    215 8th Ave
    RETAIL STORES (PERSONAL SERVICES)

    215 8th Ave, Wellman, IA 52356-4707

    Estimated value:
    $170,000
    3,312 sqft 0.06 AC lot
    View details
    119 8th Ave
    RETAIL STORES (PERSONAL SERVICES)

    119 8th Ave, Wellman, IA 52356

    Estimated value:
    $165,000
    2,860 sqft 0.03 AC lot
    View details
    813 3rd St
    FINANCIAL BUILDING

    813 3rd St, Wellman, IA 52356

    Estimated value:
    $260,000
    2,965 sqft 0.18 AC lot
    View details
    255 8th Ave
    BAR, TAVERN

    255 8th Ave, Wellman, IA 52356-4707

    Estimated value:
    $265,000
    4,796 sqft 0.06 AC lot
    View details
    229 8th Ave
    FINANCIAL BUILDING

    229 8th Ave, Wellman, IA 52356-4707

    Estimated value:
    $240,000
    2,486 sqft 0.12 AC lot
    View details
    223 8th Ave
    RESTAURANT

    223 8th Ave, Wellman, IA 52356-4707

    Estimated value:
    $230,000
    2,194 sqft 0.18 AC lot
    View details
    221 8th Ave
    RETAIL STORES (PERSONAL SERVICES)

    221 8th Ave, Wellman, IA 52356-4707

    Estimated value:
    $225,000
    1,109 sqft 0.18 AC lot
    View details
    812 2nd St
    LAUNDROMAT (SELF-SERVICE)

    812 2nd St, Wellman, IA 52356-9716

    Estimated value:
    $260,000
    1,408 sqft 0.01 AC lot
    View details
    708 2nd St
    RETAIL STORES (PERSONAL SERVICES)

    708 2nd St, Wellman, IA 52356

    Estimated value:
    $240,000
    5,280 sqft 0.12 AC lot
    View details
    1634 Hwy 22nd E
    RETAIL STORES (PERSONAL SERVICES)

    1634 Hwy 22nd E, Wellman, IA 52356-9250

    Estimated value:
    $55,000
    576 sqft 29.15 AC lot
    View details
    266 8th Ave
    GROCERY, SUPERMARKET

    266 8th Ave, Wellman, IA 52356

    Estimated value:
    $160,000
    2,200 sqft 0.06 AC lot
    View details

    Wellman, IA Retail Properties & Spaces Market Trends and Statistics

    Explore 40 retail properties & spaces for sale in Wellman, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,419 square feet of properties for sale, with an estimated market value of $365,000.

    Sale prices for stores in Wellman, IA start at $85,000, averaging $121,666, and reaching up to $140,000 — 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

    Storefront properties 3

    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 $121.7K

    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%

    How Realmo verifies these figures

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