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    Oelwein, IA Storefront Properties for Sale

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    Westgate, IA Fairbank, IA Fayette, IA
    Oelwein Retail/Warehouse Opportunity
    $495,000
    12,000 SF
    Oelwein Retail/Warehouse Opportunity

    829 1st Ave SE, Oelwein, IA 50662

    High-visibility retail and warehouse space with expansion potential.
    • Prime, high‑visibility location in a growing area of Oelwein.
    • Approximately 12,000 sq ft of finished retail space plus 6,000+ sq ft of warehouse space.
    • Includes all shelving, racks, and furnishings for a turnkey setup.
    • Convenient drive‑through access from Highway 150 to 1st Avenue SE.
    • Additional parcel included for expanded parking.
    Updated: Aug 26, 2025
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    Mixed-Use Retail and Apartments Building
    $199,000
    9,510 SF
    Mixed-Use Retail and Apartments Building

    1 S Frederick Avenue, Oelwein, IA 50662

    Seven income-producing units combine upper-level apartments with retail space, including a vacant main-area opportunity.
    • 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
    Updated: Jun 20
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

    Mixed-Use Downtown Buildings
    $499,900
    0.14 Acres
    Mixed-Use Downtown Buildings

    Two adjacent historic buildings combine storefront units, basement space, and apartments, with additional vacant third-floor conversion potential.

    122 & 120 E Bremer Avenue, Waverly, IA 50677

    View details
    Retail Storefront with Parking
    Contact for pricing
    Retail Storefront with Parking

    Cleaned retail storefront with ample on-site parking and an employee entrance in the rear.

    576 Boyson Rd Unit 112, Cedar Rapids, IA 52402

    View details
    Mixed-Use Downtown Storefront and Apartments
    $499,900
    14,900 SF
    Mixed-Use Downtown Storefront and Apartments

    Two side-by-side historic buildings offer storefront commercial units with six apartment units above and additional vacant space on the third floor.

    122 & 120 E Bremer Avenue, Waverly, IA 50677

    View details
    Move-In-Ready Retail/Office Suite
    Contact for pricing
    2,138 SF
    Move-In-Ready Retail/Office Suite

    Second-generation suite with private offices, break room, ADA restroom, and high-visibility signage along Blairs Ferry Road NE.

    1146 Blairs Ferry Road NE, Cedar Rapids, IA 52402

    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
    $802,593
    3.35 Acres
    Waterloo Commercial Land For Sale

    Commercial land with flexible zoning and development options in Waterloo.

    3455 Marnie Avenue lot: 2, Waterloo, IA 50701

    View details
    Waterloo Commercial Land For Sale
    $479,160
    2.00 Acres
    Waterloo Commercial Land For Sale

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

    3423 Marnie Avenue lot: 1, Waterloo, IA 50701

    View details
    Commercial Land in Growing Corridor
    $395,000
    2.26 Acres
    Commercial Land in Growing Corridor

    2.26-acre commercial lot in high-traffic area with utilities in place.

    3230 N Center Point Road lot: 3, Robins, IA 52328

    View details
    Hiawatha Commercial Land For Sale
    $378,972
    1.45 Acres
    Hiawatha Commercial Land For Sale

    1.45 acre commercial lot near I-380 in Hiawatha, Iowa.

    Tower Terrace Rd lot: 5, Hiawatha, IA 52233

    View details

    Oelwein, IA Storefront Properties Market Trends and Statistics

    Explore 2 storefront properties for sale in Oelwein, IA on our real estate platform. These investment opportunities span a total of 21,510 square feet of properties for sale, with an estimated market value of $694,000.

    Sale prices for retail units in Oelwein, IA start at $199,000, averaging $347,000, and reaching up to $495,000 — 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 2

    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 $495K

    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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