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122 S Frederick Avenue

Oelwein, IA 50662
  • $50,000
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 20242743
UPDATED: 50 min ago
$50,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1890
County:

School Ratings & Info

Description

Possibilities Plus...This Landmark Building is waiting to be finished. It's exterior and interior has already gone through a lot of preservation and updates. The first-floor sports an excellent, large spacious area which is currently setup has a restaurant. The ceilings, serving bar and more allows the guests to step back in time. It is just waiting for the right person to make it shine. The upper 2nd and 3rd floors house one room sleeping accommodations and this area is ready for you to turn them into one-bedroom apartments...less rooms but a steady monthly rent income. The city of Oelwein has been granting dollars to revitalize buildings like this one; one with a history! In the past, the grants to a single applicant per year top off at $50,000. Be part of history and invest in your future.

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Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2024-07-13T21:42:02.863 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
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122 S Frederick Avenue Oelwein, IA 50662

  • Price: $50,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 50 min ago
  • MLS #: 20242743
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1890
Built
Neighborhood:
Oelwein Adding (Commercial) Fayette County Iowa
County:
Fayette
Area:
Outside The Metro Area
Property Description
Possibilities Plus...This Landmark Building is waiting to be finished. It's exterior and interior has already gone through a lot of preservation and updates. The first-floor sports an excellent, large spacious area which is currently setup has a restaurant. The ceilings, serving bar and more allows the guests to step back in time. It is just waiting for the right person to make it shine. The upper 2nd and 3rd floors house one room sleeping accommodations and this area is ready for you to turn them into one-bedroom apartments...less rooms but a steady monthly rent income. The city of Oelwein has been granting dollars to revitalize buildings like this one; one with a history! In the past, the grants to a single applicant per year top off at $50,000. Be part of history and invest in your future.
Exterior Features

Construction Materials Brick Frontage Type City StreetTownship Road Garage YN No Roof Metal

Interior Features

Building Area Total 7830 Flooring Wood Heating Forced Air Total Available Square Footage 7830 Warehouse Square Footage 0

Property Features

Agent Owned YN No Available Office Square Footage 2610 Available Retail Square Footage 2610 Building Description Single Tenant3 StoryBasement Building Location Downtown Buyer Financing None Co Op Compensation Dollars 3.5 Common Area Yes Existing Lease Type None Expense History Actual Flood Insurance No For Lease YN No For Sale Rent For Sale For Sale YN Yes Gross Income 0 Investment YN No Lease Options Option for Sale Lease Per Month 0 Lease Term N/A Multi Tenant YN Yes Nearest Highway Hwy 150 Net Operating Income 0 Number Dock Doors 0 Number Drive In Doors 0 Number Rail Doors 0 Operating Expense 0 Ownership Individual Possession Closing Property Sub Type Retail Sale Lease Includes BuildingEquipmentTrade FixturesFurniture Sewer City Sewer Special Listing Conditions Normal Sale Sprinkler YN No Tax Annual Amount 0 Tax Incentive None Tax Year 2022 Tiered Sliding No Utilities Electricity AvailableGasWater Available Zoning C/L-multi



Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2024-07-13T21:42:02.863 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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808 E. 18th St.
Cedar Falls IA, 50613