Storefront

Oelwein, IA Storefront Properties for Sale

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Mixed-Use Retail and Apartments Building
Updated: Jun 19
Mixed-Use Retail and Apartments Building

1 S Frederick Avenue, Oelwein, IA 50662

$179,000
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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1 active listing matches your search: Storefront for sale in Oelwein, IA. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

107 N Vine Street, West Union, IA 52175

$305,000
13,800 sqft

The property combines commercial space, offices, and three apartments, with a shared laundry room on the upper level.

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C-2 Restaurant Building
C-2 Restaurant Building

1640 1st Street W, Independence, IA 50644

$215,000
0.72 AC lot

C-2-zoned restaurant property with two concrete parking areas and central air.

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Downtown Storefront Property
Downtown Storefront Property

302 E 1st Street, Independence, IA 50644

Contact for pricing
1,220 sqft

The C-1-zoned space offers a compact footprint for a commercial operation.

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Mixed-Use Property With Apartments
Mixed-Use Property With Apartments

100 S Vine Street, West Union, IA 52175

$214,900
3,972 sqft

Corner commercial building with ground-floor retail space and two upper-level apartments.

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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, with an estimated market value of $179,000.

Sale prices for retail units in Oelwein, IA average $179,000 — 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 6,497
Population Growth (5Y) -3.9%
Median Household Income $49,145
College Educated 22.1%

High-Yield Neighborhoods for Investment

Identify Oelwein submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
50662 $179K

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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