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    Wellman, IA
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    Wellman, IA Storefront Properties for Sale

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    Kalona, IA Keota, IA Parnell, IA Iowa City, IA North English, IA Washington, IA Riverside, IA Williamsburg, IA
    Historic Mixed-Use Building
    Updated: Apr 3
    Historic Mixed-Use Building

    230-234 8th Ave, Wellman, IA 52356

    $140,000
    0.12 AC lot
    0.12‑acre lot along 8th Avenue in downtown Wellman
    Built in 1900 with brick‑and‑frame construction
    Flexible layout configured for retail, office, or restaurant use
    Two bathrooms and vinyl and wood flooring
    Upper‑level apartment conversion possible through renovation
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    Downtown Retail and Office Condo
    Updated: Jul 20
    Downtown Retail and Office Condo

    221 8th Ave, Wellman, IA 52356

    $99,900
    1,109 sqft
    1,109 SF commercial condo with large front display windows and street parking in downtown Wellman
    Versatile space suited for retail, office, medical, or service‑based businesses
    Monthly CAM fees are $126.50, covering external maintenance through the association
    Vinyl flooring
    Lot size is 0.18 acres with 66x120 lot dimensions
    View details
    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 10 Potential Opportunities for your consideration. Besides 2 Active listings in Wellman, 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.

    Multi-Unit Retail Office Building
    Multi-Unit Retail Office Building

    1054 W Madison St, Washington, IA 52353

    $220,000
    4,216 sqft

    Well-maintained building with a main retail/office area plus two additional office spaces and dedicated half baths per unit.

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    Freestanding Storefront Retail Building
    Freestanding Storefront Retail Building

    525 Hwy 1 W, Iowa City, IA 52246

    Contact for pricing
    4,560 sqft

    CC2-zoned retail property with signalized access along Highway 1 W, approximately one mile from the University of Iowa campus.

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    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.

    View details
    New Storefront Building
    New Storefront Building

    205 S Wiley Avenue, Washington, IA 52353

    $575,000
    0.96 AC lot

    Vacant commercial building with concrete flooring, forced-air heat, central air, and public water service.

    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.

    C2 Commercial Land
    C2 Commercial Land

    Crosspark Rd, Coralville, IA 52241

    $3,396,710
    7.80 AC lot

    Commercial land with utilities at the lot and access near US Hwy #965 and Forever Green Road.

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    C2 Commercial Land Parcel
    C2 Commercial Land Parcel

    Ridgeway at University Ct, Coralville, IA 52241

    $2,138,796
    4.91 AC lot

    C2-zoned commercial land with utilities at the lot and access from a roundabout intersection.

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    Commercial Land Near Highway
    Commercial Land Near Highway

    Crosspark Rd, Coralville, IA 52241

    $896,980
    2.06 AC lot

    The site has C2 zoning and utilities extending to the lot.

    View details
    Commercial Land with Utilities
    Commercial Land with Utilities

    Crosspark Rd, Coralville, IA 52241

    $1,039,560
    2.39 AC lot

    C2-zoned commercial land with utilities at the lot, positioned near US Highway 965 and Forever Green Road.

    View details

    Wellman, IA Storefront Properties Market Trends and Statistics

    Explore 2 storefront properties for sale in Wellman, IA on our real estate platform. These investment opportunities span a total of 1,109 square feet of properties for sale, with an estimated market value of $239,900.

    Sale prices for retail units in Wellman, IA start at $99,900, averaging $119,950, and reaching up to $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

    Storefront properties 2

    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 $125K

    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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