• MLS® #: 20152753
  • 1 S Frederick Avenue

  • Oelwein, IA 50662
  • $119,000 REDUCED
  • 14085 , 0.12 Acres
  • Commercial

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 Footage14,085
  • Acres0.12
  • TypeCommercial
  • Gross Tax$2,304
  • Sub-TypeRetail
  • StatusActive

Community Information

  • Address1 S Frederick Avenue
  • AreaFayette
  • CityOelwein
  • StateIA
  • Zip Code50662

Additional Information

  • Date ListedDecember 29th, 2017
  • Days on Market629


  • Agent: Dennis Martin
  • Office: Volga River Realty
Need More Info?

Nicole Burns

(319) 939-1138
Get a Pre-Approved Mortgage

Bill Tye


Property Location

Get directions to this property:
Please provide a valid email address.
Please provide a valid email address.

The IDX information being provided by the Northeast Iowa Regional Board of REALTORS® is exclusively for consumers' personal, non-commercial use, and it 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 September 19th, 2019 at 3:38pm CDT.