$115,000

1297 S Frederick

Oelwein IA, 50662

Description

Completely remodeled, this professional building on South Frederick has visibility from Highway 150 and offers great investment potential. Sharing a parking lot with what will soon be Oelwein's new Hy Vee Dollar Fresh, this building currently houses three businesses, with four offices on the upper level, along with a reception area and conference room with a kitchenette. The lower level has two recently updated bathrooms, three offices, a conference room, and two storage rooms. Recent updates also include a metal roof, siding, windows, upper level flooring, a new electric furnace for the lower level, sump pump battery back up and paint. The expansive lot allows for the construction of outbuildings or storage units, a garage, or additional parking. List agent is a member of Graf Recker, LLC, the selling company

Details

MLS#20194735
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1976
Days On Site175

Features

SQ Feet3,456
Story(s)1
ZoningC-2

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Area Information

StateIA
CountyFayette
CityOelwein
Zip Code50662
AreaFayette
Listing VS Median (in 50662)
Price:
$115,000
low | high
Med:
$78,000
82.173913043478% of Average
SqFt:
3,456
low | high
Med:
1,864
96.064814814815% of Average
$ / SqFt:
$33
low | high
Med:
$42
24.245194999066% of Average
On Site:
175
low | high
Med:
201
87.064676616915% of Average
Listing Updated: 02/25/2020
MLS Number: 20194735
Listing Provided By:
Travis Bushaw  of  Cornerstone Real Estate