217 8th Ave, Wellman, IA 52356
217 8th Ave, Wellman, IA 52356
217 8th Ave, Wellman, IA 52356
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$224,900
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1,845 Sqft Lot
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217 8th Ave Wellman, IA 52356

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Amir Elgaali

Amir Elgaali

+1(319) 855-0017

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202600440

Year Built 1900

Annual Tax Amount $6,254

Tax Year 2025

Lot Size 1,845 Sqft

Acres 0.18

Lot Dimensions 66x120

Property Sub-Type Commercial

Property Description

FOR SALE OR LEASE (Ste 1). This leased investment is a commercial condo that could be leased to one or two tenants or used by an owner occupant. The latest rent on the front facing 700 foot suite (Ste 1) is $825 per month (gross) including taxes and building insurance, and the current rent on the parking lot facing 1,075 foot suite (Ste 2) is $1,395 per month (gross) including taxes and building insurance. Suite 1 CAM is an additional $38/month and Suite 2 CAM is an additional $72.40/month (or combined CAM $110.53/month). Both spaces in this commercial condo are in very good condition and show well. Suite 1 features two large office areas, a kitchenette, and a private bathroom. Suite 2 has just been freshly painted and currently features three individual rooms/offices with sinks/cabinets and a fourth room/office that is plumbed for water. Suite 2 has a nice reception area, kitchenette space, private bathroom and access to the shared common area bathrooms. There is street parking in the front of the building for Suite 1 and a parking lot in the rear of the building for Suite 2.

Location

State IA

County Washington

Zoning Commercial

Direction Hwy 22 into Wellman, South on 8th Ave. Downtown on the West side of the street

Interior

Interior Features Zero Step Entry

Heating Natural Gas, Forced Air, Zoned

Cooling Central Air, Zoned

Flooring Concrete Slab Grade, Carpet, Ceramic Tile

Exterior

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, City Water

Roof Type Other

Building

Lot Size Range Less Than Half Acre

Structure Type Brick,Frame

Schools

Elementary Schools Mid Prairie

Middle Schools Mid Prairie

High Schools Mid Prairie

Others

Tax ID 01-24-215-003

Acceptable Financing Cash, Conventional, Owner Financing

Listing Terms Cash, Conventional, Owner Financing

Special Listing Condition Standard

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Listed by KALONA REALTY, INC.

NEARBY SCHOOL & BUSINESS

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Amir Elgaali

Amir Elgaali

Agent | License ID: 66564000

+1(319) 855-0017

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217 8th Ave