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Wellman, IA

Retail

Wellman, IA Retail Space for Sale

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Kalona, IA Keota, IA Parnell, IA

Historic Downtown Commercial Building

Updated: Apr 3

Historic Downtown Commercial Building

230-234 8th Ave, Wellman, IA 52356

$145,000

0.12 AC lot

5,310 SF downtown Wellman commercial building on 8th Avenue
2‑bath flexible interior currently configured for retail, office, or restaurant use
Upper‑level apartment conversion potential through renovation
Built in 1900 with brick and frame construction; wood and vinyl flooring
Central heating and central air (natural gas; central/forced air heating)

Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 1 Active listings in Wellman, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 Off-Market properties to explore as potential leads, plus 1 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.

Retail Space on Highway 1

Retail Space on Highway 1

521-525 Hwy 1 W, Iowa City, IA

$1,150,000

4,560 sqft · 0.49 AC lot

Retail property for sale with high visibility and access.

Former Convenience Store with Cooler

Former Convenience Store with Cooler

Iowa City, IA 52246

$950,000

0.81 AC lot

Zoned CN1 for neighborhood retail or personal services, with remaining cooler and checkout infrastructure ready for re-tenanting.

Leased Corner Retail with Excess Land

Leased Corner Retail with Excess Land

744-746 Coral Ridge Ave, Coralville, IA 52241

$2,950,000

83,202 sqft

Fully leased single-story retail at a corner location, paired with excess land for future development.

Retail Property with Development Potential

Retail Property with Development Potential

744-746 Coral Ridge Ave, Coralville, IA

$2,475,000

6,900 sqft · 1.91 AC lot

Leased retail property with excess land for development.

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.

Prime PUD-Zoned Land Opportunity

Prime PUD-Zoned Land Opportunity

3229 State Road 207, Elkton, FL 32033

$1,599,000

900 sqft · 2.07 AC lot

2.07 acres of PUD-zoned land in a growing corridor.

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.

RETAIL STORES (PERSONAL SERVICES)

242 8th Ave, Wellman, IA 52356

Value Estimation by Request

2,378 sqft · 0.07 AC lot

RETAIL STORES (PERSONAL SERVICES)

230 8th Ave, Wellman, IA 52356-4707

Value Estimation by Request

5,120 sqft · 0.10 AC lot

RETAIL STORES (PERSONAL SERVICES)

241 8th Ave, Wellman, IA 52356-4707

Value Estimation by Request

1,254 sqft · 0.06 AC lot

RETAIL STORES (PERSONAL SERVICES)

265 8th Ave, Wellman, IA 52356-4707

Value Estimation by Request

9,680 sqft · 0.12 AC lot

RETAIL STORES (PERSONAL SERVICES)

821 2nd St, Wellman, IA 52356

Value Estimation by Request

826 sqft · 0.04 AC lot

RETAIL STORES (PERSONAL SERVICES)

215 8th Ave, Wellman, IA 52356-4707

Value Estimation by Request

3,312 sqft · 0.06 AC lot

RETAIL STORES (PERSONAL SERVICES)

119 8th Ave, Wellman, IA 52356

Value Estimation by Request

2,860 sqft · 0.03 AC lot

RETAIL STORES (PERSONAL SERVICES)

221 8th Ave, Wellman, IA 52356-4707

Value Estimation by Request

1,109 sqft · 0.18 AC lot

RETAIL STORES (PERSONAL SERVICES)

708 2nd St, Wellman, IA 52356

Value Estimation by Request

5,280 sqft · 0.12 AC lot

1634 Hwy 22nd E

RETAIL STORES (PERSONAL SERVICES)

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

Value Estimation by Request

576 sqft · 29.15 AC lot

RETAIL STORES (PERSONAL SERVICES)

216 8th Ave, Wellman, IA 52356

Value Estimation by Request

3,726 sqft · 0.06 AC lot

RETAIL STORES (PERSONAL SERVICES)

236 8th Ave, Wellman, IA 52356-4707

Value Estimation by Request

2,000 sqft · 0.06 AC lot

RETAIL STORES (PERSONAL SERVICES)

257 8th Ave, Wellman, IA 52356-4707

Value Estimation by Request

7,624 sqft · 0.12 AC lot

RETAIL STORES (PERSONAL SERVICES)

7th Ave, Wellman, IA 52356

Value Estimation by Request

224 sqft · 1.06 AC lot

RETAIL STORES (PERSONAL SERVICES)

815 2nd St, Wellman, IA 52356

Value Estimation by Request

440 sqft · 0.01 AC lot

RETAIL STORES (PERSONAL SERVICES)

819 2nd St, Wellman, IA 52356

Value Estimation by Request

3,424 sqft · 0.08 AC lot

RETAIL STORES (PERSONAL SERVICES)

500 1st S Ave, Wellman, IA 52356-9656

$600,000

Estimated value

9,354 sqft · 1.38 AC lot

Wellman, IA Retail Space Market Trends and Statistics

Explore 18 retail space for sale in Wellman, IA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $145,000.

Sale prices for retail space 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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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%

Total CRE Inventory on Market (SF)

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