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1005 N Frederick Ave

14,376 SF Office Building Oelwein, IA 50662 $352,950 CAD ($25 CAD/SF)

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
$352,950 CAD
Price Per SF
$25 CAD
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
14,376 SF
Building FAR
0.31
Lot Size
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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-16-401-019
Land Assessment
$41,222 CAD
Improvements Assessment
$275,514 CAD
Total Assessment
$316,735 CAD
  • Listing ID: 34082070

  • Date on Market: 2024-12-04

  • Last Updated:

  • Address: 1005 N Frederick Ave, Oelwein, IA 50662

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