1 S Frederick Avenue, Oelwein, 50662

Commercial - Retail For Sale

$119,000

Beds
Baths
14,085Sqft
.12Acres
Built
MLS® #: 20152753
Active

The information asked for in the listing fields can not be fully explained in the space and options given. The 6 apartments rental income is $1600 per month when fully occupied. The apartments usually run over 90% occupancy. The 6 apartments are all electric. No gas. Renters pay electric All apartments have A/C, stoves and refrigerators. There are 3 two bedroom and 3 one bedroom apartments. Garbage, sewer and water are included in the rent and paid by landlord. There are coin operated washers and dryers located at 1 ½ S. Frederick. Oelwein’s Premier Downtown Retail Location 1 and 3 S Frederick Ave This, approximately 59’ x 78’, corner store offers over 4200 square feet of first floor area. It also has a good basement for storage with a belt lift. It has a new high-energy natural gas heat and central air conditioning. The store new windows along the 70’ west side to give plenty of room to display goods. The stores utilities are paid by the landlord. Rent is $1,000 per month ($500 each) contact Dennis for financial details of rental units Dennis Martin, Selling agent, is the primary shareholder for Windy Ash Enterprises, Inc., the owner of this building.

Essential Information

MLS® #: 20152753
Price: $119,000
Square Footage: 14,085
Acres: 0.12
Type: Commercial
Sub-Type: Retail
Status: Active

Community Information

Address: 1 S Frederick Avenue
Area: Fayette
City: Oelwein
State: IA
Zip Code: 50662

Additional Information

Zoning: COMMERCIAL

Listing Details

Listing Agent: Dennis Martin
Listing Office: Volga River Realty

Financials

$/SqFt: $8

IDX Data comes from Northeast Iowa Regional Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

Listing information last updated on October 14th, 2019 at 5:37am CDT.