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Wellman, IA

Retail

Wellman, IA Retail Space for Sale

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Kalona, IA Keota, IA Parnell, IA Iowa City, IA North English, IA Washington, IA Riverside, IA Williamsburg, IA

Mixed-Use Commercial Building

Updated: Sep 26

Mixed-Use Commercial Building

230-234 8th Ave, Wellman, IA 52356

$140,000

0.12 AC lot

5,310‑square‑foot building on a 0.12‑acre lot
Current layout supports retail, office, or restaurant use
Upper‑level apartment conversion possible with renovation
Two bathrooms
Built in 1900; brick and frame construction

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

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 2 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

Opportunities in Nearby Cities

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

Historic Six-Unit Mixed-Use Building

Historic Six-Unit Mixed-Use Building

101 S Marion Ave., Washington, IA 52353

$425,000

5,188 sqft

Corner property combines retail, office, restaurant/bar, and residential spaces under one roof.

Historic Six-Unit Mixed-Use Building

Historic Six-Unit Mixed-Use Building

101 S Marion Ave., Washington, IA 52353

$425,000

0.11 AC lot

Brick downtown property combines retail, office, restaurant, bar, and residential space under one roof.

Retail Space on Highway 1

Retail Space on Highway 1

521-525 Hwy 1 W, Iowa City, IA

Contact for pricing

4,560 sqft 0.49 AC lot

Retail property for sale with high visibility and access.

Convenience Store Building with Cooler

Convenience Store Building with Cooler

Iowa City, IA 52246

$950,000

0.81 AC lot

Neighborhood commercial building with existing retail fixtures, central air, and a zero-step entry.

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.

242 8th Ave

RETAIL STORES (PERSONAL SERVICES)

242 8th Ave, Wellman, IA 52356

Estimated value:

$160,000

2,378 sqft 0.07 AC lot

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

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

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

821 2nd St

RETAIL STORES (PERSONAL SERVICES)

821 2nd St, Wellman, IA 52356

Estimated value:

$135,000

826 sqft 0.04 AC lot

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

119 8th Ave

RETAIL STORES (PERSONAL SERVICES)

119 8th Ave, Wellman, IA 52356

Estimated value:

$165,000

2,860 sqft 0.03 AC lot

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

708 2nd St

RETAIL STORES (PERSONAL SERVICES)

708 2nd St, Wellman, IA 52356

Estimated value:

$240,000

5,280 sqft 0.12 AC lot

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

216 8th Ave

RETAIL STORES (PERSONAL SERVICES)

216 8th Ave, Wellman, IA 52356

Estimated value:

$185,000

3,726 sqft 0.06 AC lot

236 8th Ave

RETAIL STORES (PERSONAL SERVICES)

236 8th Ave, Wellman, IA 52356-4707

Estimated value:

$75,000

2,000 sqft 0.06 AC lot

257 8th Ave

RETAIL STORES (PERSONAL SERVICES)

257 8th Ave, Wellman, IA 52356-4707

Estimated value:

$245,000

7,624 sqft 0.12 AC lot

7th Ave

RETAIL STORES (PERSONAL SERVICES)

7th Ave, Wellman, IA 52356

Estimated value:

No data

224 sqft 1.06 AC lot

815 2nd St

RETAIL STORES (PERSONAL SERVICES)

815 2nd St, Wellman, IA 52356

Estimated value:

$130,000

440 sqft 0.01 AC lot

819 2nd St

RETAIL STORES (PERSONAL SERVICES)

819 2nd St, Wellman, IA 52356

Estimated value:

$185,000

3,424 sqft 0.08 AC lot

500 1st S Ave

RETAIL STORES (PERSONAL SERVICES)

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

Estimated value:

$600,000

9,354 sqft 1.38 AC lot

Wellman, IA Retail Space Market Trends and Statistics

Explore 19 retail space 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 $280,000.

Sale prices for retail space in Wellman, IA average $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

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	$140K

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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