122 S Frederick Avenue, Oelwein, IA 50662 | MLS 20232535 | Listing Information | Berkshire Hathaway HomeServices One Realty Centre | Berkshire Hathaway HomeServices One Realty Centre
FOR SALE
$60,000  

122 S Frederick Avenue
Oelwein, IA 50662

Retail
Commercial
7,830
Sq. Ft.
0.07
Acres Lot
Courtesy: Coldwell Banker Elevated Real Estate

Description for 122 S Frederick Avenue Oelwein, IA 50662

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.

Property Details

20232535
Retail, 3+ Story
Fayette
1890
0.07 Acres
3
Brick
Public Sewer
7,830 Sq. Ft.
Oelwein Adding (Commercial) Fayette County Iowa
Electricity Available, Natural Gas Available, Water Available
Interior Features
Flooring
Wood
Heating
. Forced Air.
Exterior / Lot Features
Exterior
Brick
Roof
Metal
Zoning
C/L-multi
Financial Considerations
1821330011

Market Trends

Courtesy: Coldwell Banker Elevated Real Estate

   

Listings courtesy of Northeast Iowa Regional Board of Realtors as distributed by MLS GRID"

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