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    Wellman, IA Storefront Properties for Sale

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    Downtown Retail and Office Condo
    Updated: Jul 20
    Downtown Retail and Office Condo

    221 8th Ave, Wellman, IA 52356

    $125,000
    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
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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 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.

    Retail Development Site with Existing Building
    Retail Development Site with Existing Building

    711 2nd St, Coralville, IA 52241

    $640,000
    4,640 sqft 0.46 AC lot

    Commercial land includes an existing building on a 0.46-acre site with high daily traffic along the Coralville Strip.

    View details
    Renovated Retail Building
    Renovated Retail Building

    1029 S Riverside Dr, Iowa City, IA 52246

    $2,750,000
    13,640 sqft

    Completely renovated retail building offering multiple suite sizes and a large on-site parking field for customers and employees.

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    Tanning Salon with 24-Hour Access
    Tanning Salon with 24-Hour Access

    405 2nd Street, Coralville, IA 52241

    $219,000
    0.02 AC lot

    Includes UV beds, a red light therapy bed, and additional salon and pedicure stations.

    View details
    Convenience Store Building with Cooler
    Convenience Store Building with Cooler

    Iowa City, IA 52246

    $950,000
    0.81 AC lot

    CN1 zoning supports small-scale retail, personal service, and convenience-store use.

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    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.

    Commercial C2 Development Land
    Commercial C2 Development Land

    Crosspark Rd, Coralville, IA 52241

    $3,396,710
    7.80 AC lot

    Zoned C2 with utilities to the lot, offering flexibility for commercial development near major roadways.

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    Commercial Land with Utilities
    Commercial Land with Utilities

    Crosspark Rd, Coralville, IA 52241

    $896,980
    2.06 AC lot

    C2-zoned commercial lot with utilities to the property, positioned near major retail and an active medical campus.

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    C2 Zoned Commercial Land
    C2 Zoned Commercial Land

    Ridgeway at University Ct, Coralville, IA 52241

    $2,138,796
    4.91 AC lot

    4.91-acre C2 commercial lot with utilities to the site, suited for a variety of development plans in Coralville.

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    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

    Wellman, IA Storefront Properties Market Trends and Statistics

    Explore 1 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 $125,000.

    Sale prices for retail units in Wellman, IA average $125,000 — 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 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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