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    Wellman, IA
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    Wellman, IA Retail Properties & Spaces 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 46 Potential Opportunities for your consideration. Besides 1 Active listings in Wellman, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 37 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.

    Versatile Live-Work Space, Washington, IA
    $239,000
    0.23 Acres
    Versatile Live-Work Space, Washington, IA

    4,260 sq ft commercial space with living potential.

    216 S 15th Ave, Washington, IA 52353

    View details
    Mixed-Use Commercial Building with Apartments
    $175,000
    0.06 Acres
    Mixed-Use Commercial Building with Apartments

    Downtown Washington mixed-use building with finished office/workspace and two upper one-bedroom apartments.

    109 S Marion Ave, Washington, IA 52353

    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
    Iowa City Commercial Building For Sale
    $950,000
    0.81 Acres
    Iowa City Commercial Building For Sale

    2752 SF commercial building on 0.81 acres in Iowa City.

    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 Growing Community
    $545,000
    4.18 Acres
    Commercial Land in Growing Community

    4-acre commercial lot with essential infrastructure in place.

    5319 Oak Crest Hill RD SE, Hills, IA 52235

    View details
    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
    $323,980
    1.25 Acres
    Commercial Land in Hills, Iowa

    1.25 acre commercial land with utilities and highway visibility.

    5239 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

    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

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    301 9th Ave
    SERVICE STATION (FULL SERVICE)
    1,372 SF Lot: 0.19 Acres
    Value Estimation by Request

    301 9th Ave, Wellman, IA 52356-9301

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    212 8th Ave
    BARBER, HAIR SALON
    2,640 SF Lot: 0.06 Acres
    Value Estimation by Request

    212 8th Ave, Wellman, IA 52356

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    242 8th Ave
    RETAIL STORES (PERSONAL SERVICES)
    2,378 SF Lot: 0.07 Acres
    Value Estimation by Request

    242 8th Ave, Wellman, IA 52356

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    230 8th Ave
    RETAIL STORES (PERSONAL SERVICES)
    5,120 SF Lot: 0.10 Acres
    Value Estimation by Request

    230 8th Ave, Wellman, IA 52356-4707

    View details
    241 8th Ave
    RETAIL STORES (PERSONAL SERVICES)
    1,254 SF Lot: 0.06 Acres
    Value Estimation by Request

    241 8th Ave, Wellman, IA 52356-4707

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    265 8th Ave
    RETAIL STORES (PERSONAL SERVICES)
    9,680 SF Lot: 0.12 Acres
    Value Estimation by Request

    265 8th Ave, Wellman, IA 52356-4707

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

    603 9th Ave, Wellman, IA 52356

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    820 2nd St
    SERVICE STATION (FULL SERVICE)
    1,961 SF Lot: 0.12 Acres
    Value Estimation by Request

    820 2nd St, Wellman, IA 52356

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    821 2nd St
    RETAIL STORES (PERSONAL SERVICES)
    826 SF Lot: 0.04 Acres
    Value Estimation by Request

    821 2nd St, Wellman, IA 52356

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    215 8th Ave
    RETAIL STORES (PERSONAL SERVICES)
    3,312 SF Lot: 0.06 Acres
    Value Estimation by Request

    215 8th Ave, Wellman, IA 52356-4707

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    119 8th Ave
    RETAIL STORES (PERSONAL SERVICES)
    2,860 SF Lot: 0.03 Acres
    Value Estimation by Request

    119 8th Ave, Wellman, IA 52356

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    813 3rd St
    FINANCIAL BUILDING
    2,965 SF Lot: 0.18 Acres
    Value Estimation by Request

    813 3rd St, Wellman, IA 52356

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

    255 8th Ave, Wellman, IA 52356-4707

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    229 8th Ave
    FINANCIAL BUILDING
    2,486 SF Lot: 0.12 Acres
    Value Estimation by Request

    229 8th Ave, Wellman, IA 52356-4707

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

    223 8th Ave, Wellman, IA 52356-4707

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    221 8th Ave
    RETAIL STORES (PERSONAL SERVICES)
    1,109 SF Lot: 0.18 Acres
    Value Estimation by Request

    221 8th Ave, Wellman, IA 52356-4707

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    812 2nd St
    LAUNDROMAT (SELF-SERVICE)
    1,408 SF Lot: 0.01 Acres
    Value Estimation by Request

    812 2nd St, Wellman, IA 52356-9716

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    708 2nd St
    RETAIL STORES (PERSONAL SERVICES)
    5,280 SF Lot: 0.12 Acres
    Value Estimation by Request

    708 2nd St, Wellman, IA 52356

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    1634 Hwy 22nd E
    RETAIL STORES (PERSONAL SERVICES)
    576 SF Lot: 29.15 Acres
    Value Estimation by Request

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

    View details
    266 8th Ave
    GROCERY, SUPERMARKET
    2,200 SF Lot: 0.06 Acres
    Value Estimation by Request

    266 8th Ave, Wellman, IA 52356

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    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
    216 8th Ave
    RETAIL STORES (PERSONAL SERVICES)
    3,726 SF Lot: 0.06 Acres
    Value Estimation by Request

    216 8th Ave, Wellman, IA 52356

    View details

    Wellman, IA Retail Properties & Spaces Market Trends and Statistics

    Explore 38 retail properties & spaces 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 stores 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

    Storefront properties 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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