218 Welch Ave - Freestanding FOR SALE


Ames, IA 50014- Campustown
$1,600,000 USD
515-415-6098
218 Welch Ave, Ames, IA for Sale
$1,600,000 USD
Freestanding - FOR SALE
1/4
null | Request Cap Rate

218 Welch Ave
Ames, IA 50014
Campustown


HIGHLIGHTS

  • Situated in the heart of Iowa State Campustown
  • Features 62 feet of frontage on Welch Avenue, with a pylon sign included—excellent for retail visibility.
  • High Walk Score (80) and Bike Score (81) indicate strong pedestrian and cyclist access, enhancing its appeal for commercial tenants
  • Located in a densely populated area

OVERVIEW

In the heart of Iowa State University’s Campustown, 218 Welch Ave offers a prime redevelopment opportunity. Located just one block south of ISU’s main campus, this property spans approximately 0.65 acres and is currently zoned for commercial use.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$282 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,554 SF

ZONING

commercial

APN/PARCEL ID

09-09-131-255

ASK ABOUT THIS PROPERTY

515-415-6098

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515-415-6098

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