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1005 N Frederick Ave

14,376 SF Office Building Oelwein, IA 50662 £195,318 (£14/SF)

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Investment Highlights

Ample parking for multiple tenants
potential to add an additional tenant

Great visibility from Highway 150

Executive Summary

Offered at under $249,000, the North Frederick Mini Mall is a fantastic investment opportunity. Boasting over 7,000 square feet of office and retail space, plus additional storage on both the main level and basement, this property offers versatility and income potential. Located on Highway 150 at the edge of the city limits, it ensures excellent visibility and accessibility. With room to accommodate an additional tenant, this property presents an ideal opportunity to expand its revenue-generating capabilities. Listed by CENTURY 21 Signature Real Estate, this is a must-see for investors seeking prime retail space.

Property Facts

Sale Type

Owner User

Property Type

Office

Building Size

14,376 SF

Year Built

1954

Price

£195,318

Price Per SF

£14

Tenancy

Multiple

Number of Floors

Typical Floor Size

14,376 SF

Building FAR

0.31

Land Acres

1.08 AC

Zoning

C-2 - Commercial Retail

Parking

39 Spaces (2.71 Spaces per 1,000 SF Leased)

Amenities

Signage

Wheelchair Accessible

Air Conditioning

Smoke Detector

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PROPERTY TAXES

Parcel Number	18-16-401-019	Improvements Assessment	£153,666
Land Assessment	£22,991	Total Assessment	£176,657

PROPERTY TAXES

Parcel Number

18-16-401-019

Land Assessment

£22,991

Improvements Assessment

£153,666

Total Assessment

£176,657

Listing ID: 34082070
Date on Market: 04/12/2024
Last Updated:
Address: 1005 N Frederick Ave, Oelwein, IA 50662

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1005 N Frederick Ave, Oelwein, IA for sale Primary Photo- Image 1 of 13 — Primary Photo

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1005 N Frederick Ave, Oelwein, IA for sale Building Photo- Image 5 of 13 — Building Photo

1005 N Frederick Ave, Oelwein, IA for sale Building Photo- Image 6 of 13 — Building Photo

1005 N Frederick Ave, Oelwein, IA for sale Building Photo- Image 7 of 13 — Building Photo

1005 N Frederick Ave, Oelwein, IA for sale Building Photo- Image 8 of 13 — Building Photo

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1005 N Frederick Ave, Oelwein, IA for sale Building Photo- Image 10 of 13 — Building Photo

1005 N Frederick Ave, Oelwein, IA for sale Building Photo- Image 12 of 13 — Building Photo

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