563-568-4170
Since 1960
$249,000.00
1005 N Frederick Ave, Oelwein, IA 50662
The North Frederick Mini Mall features over 7,000 square feet of office and retail space, along with additional storage space on the main level and basement. This income-generating property has great visibility on Highway 150 on the edge of city limits, with potential to add an additional tenant. With more than enough parking for multiple tenants, this is a fantastic investment to add to your portfolio, or to get it started!
MLS ID #:
NBR20245116
Property Address:
1005 N Frederick Ave
Oelwein, IA 50662
Oelwein, IA 50662
County:
Fayette
Region:
Outside the Metro Area
Year Built:
1954
Property Type:
Commercial Sale
Sub-Type:
Office/Retail
Land Use:
Office, Retail
Building Description:
Free Standing, Multi-Tenant, 1 Story, Basement
Date Listed:
November 16th, 2024
Status:
Active
Price:
$249,000.00
Ownership:
LL Corp
Gross Taxes:
$6,818.00
Tax Year:
2023
Gross Income:
$3,485.00
Net Op Income:
$2,285.00
Operating Expense:
$1,200.00
Multi-Tenant:
Yes
Sale/Rent:
For Sale
For Lease:
No
Sale/Lease Type:
Normal Sale
For Sale:
Yes
Zoning:
C-2
Legal Desc:
COM 308' N OF NW COR LOT 1 BLK 8 OEL LAND CO 1ST ADD & 33' E OF W LINE OF SE SEC 16 TH N 258' E 203.3' S 152' W 58' S 96' W 145.3' TO BEG IN NW SE
Off-Street Parking:
0.00
Sprinkler:
No
Total Building Sq Ft:
7,796 sq ft
Warehouse SqFt:
668 sq ft
Office SqFt:
7,128 sq ft
Retail SqFt:
7,128 sq ft
Lot Sq Footage:
46,827
Acres:
1.08
Frontage/Access:
State Road
Construction:
Frame
Common Area:
Yes
Sewer Type:
City Sewer
Heating:
Other
Cooling:
Other
Listing provided courtesy of Century 21 Signature Real Estate - Oelwein.Listing Agent: Erica Bushaw
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