14 E Charles St - Office FOR SALE


Oelwein, IA 50662
$99,500 USD
563-920-8212
14 E Charles St, Oelwein, IA for Sale
$99,500 USD
Office - FOR SALE
1/15
null | Request Cap Rate

14 E Charles St
Oelwein, IA 50662


HIGHLIGHTS

  • Versatile 2-story office building
  • Great location in downtown Oelwein
  • Reception area & several individual offices
  • Full basement
  • 3 restrooms
  • Opportunity for rental income

OVERVIEW

Explore the possibilities with this versatile 2-story commercial building located in the heart of downtown Oelwein. The main level welcomes you with a reception area that flows into several spacious offices, offering plenty of room for individual workspaces or collaborative setups. This floor also includes two restrooms and a convenient kitchen/break area for staff or client use. The upper level provides additional usable space with a large open room, additional offices, and another restroom—ideal for a conference area, training room, or expanded office operations. Also located upstairs are three apartment units. While these units are not currently up to code, they present a great opportunity for future rental income with renovation. A full basement offers ample room for storage or equipment. Two HVAC units were replaced in 2022 along with some exterior masonry repairs and a complete roof recoating that same year. Three rooms upstairs each have their own controlled heating/cooling units that are controlled by remotes. Whether you're expanding your business or seeking an investment property with potential, this building provides a solid foundation and an excellent location to build upon.

FOR SALE DETAILS

PRICE

$99,500 USD

PRICE/SF

$27 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Lockard/Waters-Oelwein

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C-1

APN/PARCEL ID

1821401021

ASK ABOUT THIS PROPERTY

Curt MartinRe/Max Independence RealtyMore Info
563-920-8212

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Curt MartinRe/Max Independence RealtyMore Info
563-920-8212

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.