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$199,900 For Sale

22 S Frederick
Oelwein, IA 50662

5,680 sq ft;
lot: 4792 sq ft
Commercial: Office/Retail - MLS# 20175678
Property Photo


Well maintained, well-structured, excellent condition 2 story commercial building is in downtown Oelwein formally known as Community Digital. This multi-purpose building has 5680 SF with convenient free parking in front and back with an easy pedestrian access tunnel on the side. Upper level building is wide open to construct 2-3 apartments for potential income. With all new windows and roof, this building has some nice upgrades including wiring, flooring, carpet and paint. Leasing is also available. (Currently 2 department stores are leased) Good for investors or business venturors , check this one out! Lots of possibilities awaits! Call today for more information and for your personal showing.


  • Amenities: Wireless Internet
  • Approx Lot Size (Sq Ft): 5000
  • Available Office Sq Ft: 2840
  • Available Retail Sq Ft: 2840
  • Building Description: 2 Story
  • Cooling: Individual Control, Individual Units, Other Cooling
  • County/Area: Fayette County
  • Easements/Restrictions: Utility, Access, Power Line
  • Expenses Proj/Act/Hist: Actual
  • Exterior Finish: Brick, Other Exterior Finish
  • Floor Construction: Carpeted, Other Floor Construction
  • Frontage/Access: City Street, Paved 2 Lane, Frontage Road
  • Heating: Individual Units, Other Heating
  • Improvement Rating: Updated
  • Income Proj/Act/Hist: Actual
  • Insulation: Side Walls, Unknown
  • Lease Type: Gross
  • Listing Status: Active
  • Location: Downtown
  • Lot Size: 0.1100
  • Miscellaneous: Close To Shopping
  • Options: Built To Suit, Other Options
  • Property Taxes: 3029
  • Property Type: Commercial
  • Region: Outside The Metro Area
  • Roof Construction: Comp Roll, Other Roof Construction
  • Sale/Lease Includes: Building
  • Sale/Lease Type: Normal Sale
  • Sewer: City Sewer
  • Sprinkler Y/N: Yes
  • Sq.Ft.: 5680
  • Sub Type: Office/Retail
  • Tenant Pays: Insurance, Electric, Heating, Cooling, Water/Sewer
  • Total Available Sq Ft: 5680
  • Utilities Onsite: Electric, Gas, Water, Sewer
  • Wall Construction: Frame, Steel/Wd Frame
  • Year Built: 1913
  • Zip Code: 50662
  • Zoning: Commercial

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