Welcome or Register
Back to Home Page
$79,900 For Sale

19 S Frederick Avenue
Oelwein, IA 50662

1,820 sq ft;
lot: 3485 sq ft
Commercial: Office/Retail - MLS# 20175536
Property Photo


For Sale, Lease, Lease with Option or Contract. Located in downtown Oelwein. This well-kept, clean, turn-key and move-in ready property that offers income opportunity. Total SF with upstairs and main level and basement is 3, 640 SF. With main level 1, 820 SF. Main level is a perfect set up for retail/office space with 4 residential apartments above. Convenient parking located in rear with alley access. Purchase is 79, 900 or 2 year lease with option to purchase at 500.00 per month plus utilities. This building has many improvements over 10 years. They include new high efficiency furnaces installed in main and upper level in 2005. New central air in 2006. New carpet in main level, north half in rear office and south half 2005. New rubber roof in Spring of 2017. New water heater in 2017 and blow insulation in upper and lower level ceilings. Steel siding on North exterior wall. Spray foam insulation applied to east exterior wall. Interior painting in most of main level and upper level. Replacement windows in apartments #3 and #4. Must see to truly appreciate...call or stop in for more information and personal showing at 1 West Charles, Suite #4. (Same building as Veridian CU)


  • Amenities: Cable, Wireless Internet
  • Approx Lot Size (Sq Ft): 26x140
  • Available Office Sq Ft: 1820
  • Available Retail Sq Ft: 1820
  • Building Description: Multi-Tenant, 2 Story, Other Bldg. Description
  • Cooling: Central
  • County/Area: Fayette County
  • Expenses Proj/Act/Hist: Actual
  • Exterior Finish: Brick
  • Floor Construction: Tile/Vinyl, Carpeted
  • Frontage/Access: Paved 2 Lane
  • Heating: Forced Air, Gas, Entire Unit
  • Improvement Rating: Updated
  • Income Proj/Act/Hist: Actual
  • Insulation: Roof, Other Insulation
  • Listing Status: Active
  • Location: Downtown
  • Lot SqFt: 3484.8
  • Multi-Tenant: Yes
  • Nearest Highway: Hwy 150
  • Options: Option For Sale, Built To Suit
  • Property Taxes: 1214
  • Property Type: Commercial
  • Region: Outside The Metro Area
  • Roof Construction: Flat, Other Roof Construction
  • Sale/Lease Includes: Building
  • Sale/Lease Type: Normal Sale
  • Sewer: City Sewer
  • Sprinkler Y/N: Yes
  • Sq.Ft.: 1820
  • Sub Type: Office/Retail
  • Tenant Pays: Trash, Gas, Electric, Heating, Cooling, Water/Sewer
  • Total Available Sq Ft: 1820
  • Utilities Onsite: Electric, Gas, Water, Sewer
  • Wall Construction: Brick, Steel/Wd Frame
  • Year Built: 1925
  • Zip Code: 50662
  • Zoning: Commercial

Contact Me

* fields are required