This prime commercial property offers a high-visibility location on Highway 3, near Oelwein schools and a busy four-way stop, ensuring excellent traffic exposure. The 2,336 SF building features a brand-new roof installed in 2023 with a 4-ply composite/wood deck and newly updated wood composite siding. Recent improvements also include the beginning stages of a drive-through, a new retaining wall, and freshly poured cement for potential outdoor seating. The interior is a blank slate, ready for customization to fit your business needs. Additionally, an upper-level office space is available above the new drive-through addition, with the opportunity to add stairs or an elevator for access. With a large paved parking lot and excellent visibility, this property is ideal for a restaurant, café, or franchise opportunity. Available for sale or lease—contact me for more details.
MLS ID #:
NBR20250519
Property Address:
809 E Charles Oelwein, IA 50662
County:
Fayette
Region:
Outside the Metro Area
Year Built:
1976
Property Type:
Commercial Sale
Sub-Type:
Retail
Land Use:
Retail
Building Description:
Free Standing, 1 Story
Date Listed:
February 7th, 2025
Status:
Active
Price:
$299,000.00
Gross Taxes:
$4,334.00
Tax Year:
2023
Sale/Rent:
For Sale
For Lease:
Yes
Lease Type:
Modified Terms
Sale/Lease Type:
Normal Sale
For Sale:
Yes
Zoning:
Commercial
Legal Desc:
LOTS 4 & 5 FAIRACRES ADD
Off-Street Parking:
0.00
Sprinkler:
No
Total Building Sq Ft:
2,336 sq ft
Retail SqFt:
2,336 sq ft
Lot Sq Footage:
29,400
Acres:
0.68
Frontage/Access:
Paved 2Lane
Construction:
Frame
Roof Type:
Membrane, Flat
Floor Construction:
Tile/Vinyl, Concrete
Common Area:
No
Sewer Type:
City Sewer
Heating:
Forced Air
Cooling:
Central Air
Listing provided courtesy of EXIT Realty Unlimited Oelwein. Listing Agent: Heather Kral
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
FOLLOW US