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    Oelwein, IA Storefront Properties for Sale

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    Mixed-Use Retail and Apartments Building
    Updated: Jun 20
    Mixed-Use Retail and Apartments Building

    1 S Frederick Avenue, Oelwein, IA 50662

    Contact for pricing
    9,510 sqft
    Mixed‑use commercial building (1890) with seven income‑producing spaces: five upper‑level apartments plus two retail storefronts
    Apartment mix includes three 1‑bedroom units and two 2‑bedroom units
    Main level has a spacious open retail area currently vacant and ready for an owner‑occupant or new tenant
    Separate smaller retail space is already leased, providing immediate rental income
    Over the past 15 years, capital improvements include updated windows, roof, water heater, sidewalks, and sewer and water lines
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    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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Oelwein, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Prime Commercial Property on 1st Street
    Prime Commercial Property on 1st Street

    1640 1st Street W, Independence, IA 50644

    $225,000
    2,820 sqft 0.72 AC lot

    2820 SF commercial building with ample parking near Highway 20.

    View details
    Office Unit with Open Workspace
    Office Unit with Open Workspace

    403 W 1st Street, Independence, IA 50644

    Contact for pricing
    2,216 sqft

    Corner commercial space on a paved four-lane city street with basement storage, parking, and shopping nearby.

    View details
    Renovated Retail-Office Suites
    Renovated Retail-Office Suites

    425 Franklin Street, Waterloo, IA 50703

    Contact for pricing
    1,864 sqft

    Two newly renovated suites offer large front windows and flexible retail or office use near downtown Waterloo.

    View details
    Downtown Office/Retail Space
    Downtown Office/Retail Space

    614 Mulberry Street, Waterloo, IA 50703

    Contact for pricing
    718 sqft

    Newly renovated wide-open office/retail space with LED lighting, tall ceilings, hardwood floors, and a single restroom.

    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.

    Waterloo Commercial Land For Sale
    Waterloo Commercial Land For Sale

    3455 Marnie Avenue lot: 2, Waterloo, IA 50701

    $802,593
    3.35 AC lot

    Commercial land with flexible zoning and development options in Waterloo.

    View details
    Waterloo Commercial Land For Sale
    Waterloo Commercial Land For Sale

    3423 Marnie Avenue lot: 1, Waterloo, IA 50701

    $479,160
    2.00 AC lot

    Commercial land available for design/build project in Waterloo, Iowa.

    View details
    Zoned C-4 Development Land
    Zoned C-4 Development Land

    Tower Terrace Rd lot: 5, Hiawatha, IA 52233

    $378,972
    1.45 AC lot

    Development-ready lot zoned C-4 with city sewer and water, natural gas, electric service, and high-speed internet.

    View details
    C2 Zoned Commercial Development Lot
    C2 Zoned Commercial Development Lot

    Crosspark Rd, Coralville, IA 52241

    $1,039,560
    2.39 AC lot

    Utilities are available to this C2-zoned parcel, supporting flexible commercial development near major Coralville corridors.

    View details

    Oelwein, IA Storefront Properties Market Trends and Statistics

    Explore 1 storefront properties for sale in Oelwein, IA on our real estate platform. These investment opportunities span a total of 9,510 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Auto shops 1
    Automotive properties 1
    Storefront properties 1

    Demographics Overview

    Population 6,497
    Population Growth (5Y) -3.9%
    Median Household Income $49,145
    College Educated 22.1%

    Taxes & Financing

    Tax Rate (average for all types) 2.90%
    Property Tax per SF $31.95 per SF
    Tax Rate vs County Average 0.42 pp above county avg
    Average Loan-to-Value 65.0%

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