Sale Price $149,000 - MLS: 202602230
Historic Downtown Commercial Opportunity with Endless Potential! Located in the heart of downtown Wellman, this 5,310 square foot commercial property offers a rare opportunity for investors or entrepreneurs looking to restore and reimagine a piece of local history. Positioned along 8th Avenue, the building benefits from excellent visibility and a central location within the community’s business district. This versatile property is currently configured for retail, office, or restaurant use, with the added potential for upper-level apartment conversion through renovation. Featuring two bathrooms and a flexible interior layout, the space provides a strong foundation for a variety of business or mixed-use concepts. Situated on a 0.12-acre lot, the property is ideal for those seeking a value-add investment or redevelopment project. With its historic character and prime downtown location, the possibilities for transformation are substantial. Whether you’re an investor looking for your next project or a business owner ready to bring your vision to life, this property offers the location and potential to make it happen. Bring your ideas and unlock the potential of this downtown Wellman property—schedule your showing today! Property is being sold As-Is. There are currently no utilities on with this property.
MLS #: 202602230
Sale Price: $149,000
Year Built: 1900
Sq Ft: 5310.0
Business: Food And Beverage, Office Building, Retail, Other
Construction: Brick, Frame
Floor Type: Vinyl, Wood
Financing:
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, Underground Utilities, City Water
Acreage: 0.12
Lot: 37.5x120 & 6.5x120
Frontage: County Road, Paved
Energy Generation:
Heat/Cooling: Natural Gas, Central, Forced Air, Central Air
Information deemed reliable but not guaranteed
 | Edge Realty Group 319-351-3355 |
Listing Office: Iowa Realty - Agent: Ryan Sisson - Information furnished by Iowa City Area Association of Realtors