Sweeney Real Estate Office: (563) 568-4170 Email: office@sweeneyrealestate.com Website: www.sweeneyrealestate.com
MLS ID #:
NBR20242743
Property Address:
122 S Frederick Ave Oelwein, IA 50662
County:
Fayette
Region:
Outside the Metro Area
Location:
Downtown
Miles to Highway:
Hwy 150
Year Built:
1890
Property Type:
Commercial Sale
Sub-Type:
Retail
Building Description:
Single Tenant, 3 Story, Basement
Date Listed:
June 28th, 2024
Status:
Active
Price:
$50,000.00
Ownership:
Individual
Possession:
Closing
Tax Year:
2022
Multi-Tenant:
Yes
Finance Type:
None
Sale/Rent:
For Sale
For Lease:
No
Terms/Lease:
N/A
Options:
Option for Sale
Sale/Lease Type:
Normal Sale
For Sale:
Yes
Docs on File:
Legal Description
Zoning:
C/L-multi
Legal Desc:
Lot 12 & N 4 ft. of Lot 13 Blk 3 Oelwein Addition (Commercial) Oelwein, Fayette County, IA
Off-Street Parking:
0.00
Sprinkler:
No
Total Building Sq Ft:
7,830 sq ft
Office SqFt:
2,610 sq ft
Retail SqFt:
2,610 sq ft
Lot Sq Footage:
2,610
Acres:
0.07
Frontage/Access:
City Street, Township Road
Construction:
Brick
Roof Type:
Metal
Floor Construction:
Wood
Common Area:
Yes
Utilities Available:
Electricity Available, Gas, Water Available
Sewer Type:
City Sewer
Heating:
Forced Air
Flood Insurance:
No
Remarks:Possibilities Plus...This Landmark Building is waiting to be finished. It's exterior and interior has already gone through a lot of preservation and updates. The first-floor sports an excellent, large spacious area which is currently setup has a restaurant. The ceilings, serving bar and more allows the guests to step back in time. It is just waiting for the right person to make it shine. The upper 2nd and 3rd floors house one room sleeping accommodations and this area is ready for you to turn them into one-bedroom apartments...less rooms but a steady monthly rent income. The city of Oelwein has been granting dollars to revitalize buildings like this one; one with a history! In the past, the grants to a single applicant per year top off at $50,000. Be part of history and invest in your future.
Listing provided courtesy of Coldwell Banker Elevated Real Estate. Listing Agent: Gale Shinkle,CRB,CRS,ABR
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