17 North Frederick Ave, Oelwein, IA 50662
600 Rossville Road, Waukon, IA 52172
Sweeney Real Estate Office: (563) 568-4170
Email: office@sweeneyrealestate.com
Website: www.sweeneyrealestate.com
MLS ID #:
NBR20250968
Property Address:
17 North Frederick Ave
Oelwein, IA 50662
Oelwein, IA 50662
County:
Fayette
Region:
Outside the Metro Area
Location:
Downtown
Year Built:
1949
Property Type:
Commercial Sale
Sub-Type:
Retail
Building Description:
Single Tenant
Date Listed:
March 11th, 2025
Status:
Active
Price:
$150,000.00
Ownership:
LL Corp
Possession:
Subject To Tenant Rights
Gross Taxes:
$3,410.94
Tax Year:
2023
Gross Income:
$2,177.00
Net Op Income:
$1,560.00
Operating Expense:
$618.00
Tenant Responsible:
Trash Collection, Gas, Electricity, Water/Sewer
Sale/Rent:
For Sale
For Lease:
No
Terms/Lease:
Years - 2
Lease Type:
Gross
Sale/Lease Type:
Investment Sale
Lease $/Month:
$2,177.00
For Sale:
Yes
Zoning:
C-1
Legal Desc:
COM 187 1/2'N OF SW COR LOT 8 BLK 1 PAIGN'S 1ST ADD TH E 140'N 47 1/2'W 140'S 47 1/2' TO BEG BEING PART OF LOT 20 BLK 1 PAIGN'S 1ST ADD
Off-Street Parking:
0.00
Sprinkler:
No
Total Building Sq Ft:
15,181 sq ft
Retail SqFt:
6,580 sq ft
Lot Sq Footage:
6,650
Acres:
0.15
Lot Features:
Close to Shopping
Frontage/Access:
City Street
Construction:
Brick
Roof Type:
Tar/Gravel
Floor Construction:
Carpet
Common Area:
No
Utilities Available:
Electricity Available, Gas, Water Available, Sewer Available, Phone Available, Fiber Optics
Sewer Type:
City Sewer
Heating:
Forced Air
Cooling:
Central Air
Flood Insurance:
Possible
Remarks: Fantastic investor opportunity with an established business that's been in this location for 30 years and has recently committed to an additional two year lease. This downtown Oelwein property is over 6,000 square feet on the main level, with additional finished space in the mezzanine and in the basement. This is for the real estate only. The business is not for sale and will remain as a tenant.
Listing provided courtesy of Century 21 Signature Real Estate - Oelwein.Listing Agent: Erica Bushaw
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