Courtesy: Berkshire Hathaway Home Serv
319-233-7000
Positioned directly across from the local hospital, this high-visibility commercial property offers unmatched exposure, high foot traffic, and exceptional accessibility for health care services, professional offices, or retail. Featuring flexible interior layouts and ample customer parking, it offers the ideal footprint for expanding your business in a high-demand corridor. The furnace and AC are only 1 year old, and the roof is only 8 years old. The basement could be redone to add additional space to see clients. If you are thinking of opening or expanding your business, don't delay; call us today!!
Courtesy: Jordan Real Estate, Inc.
319-505-3499
Storage unit facility. Property includes 3 large buildings and additional land for builidng additional building. Lots of extra outside space. One office with half bath. 42 overhead doors total. One of the 3 buildings is one large open space. 2 of the buildings are divided space units. Listing Broker is part owner and licensed in the state of Iowa.
Courtesy: Century 21 Signature RE- Waverly
319-352-1157
Positioned in a high-visibility location within an area of Oelwein experiencing continued investment and growth, this former hardware store and lumber yard offers an excellent opportunity for an owner-user, investor, or redevelopment project. Situated on over an acre, the property features approximately 12,000 square feet of finished retail space plus an additional 6,000+ square feet of warehouse space previously used for lumber storage. Existing shelving, racks, paint bar and furnishings are included, providing a strong starting point for a variety of business uses. Convenient drive-through access connects Highway 150 to 1st Avenue SE, offering excellent accessibility and flexibility. The property could accommodate a variety of uses, including potential multi-tenant occupancy. An additional parcel is also included, providing expanded parking and additional flexibility for the property.
Courtesy: Century 21 Signature RE - Oelwein
319-283-2211
Exceptional investment opportunity featuring a large mixed-use commercial building with seven income-producing spaces, including five upper-level apartments and two retail storefronts. The residential units consist of three 1-bedroom apartments and two 2-bedroom apartments, offering a diverse rental mix with strong income potential. The main level features a spacious, open retail area that is currently vacant and ready for an owner-occupant or new tenant, along with a separate smaller retail space that is already leased, providing immediate income. Numerous capital improvements have been completed over the past 15 years, including updated windows, roof, water heater, sidewalks, and sewer and water lines. In 2026, a complete exterior wall replacement was also completed, further enhancing the property's long-term value and reducing future maintenance concerns. The roof carries a transferable warranty for added peace of mind. Whether you're looking to expand your investment portfolio, occupy the commercial space while generating rental income, or acquire a well-maintained mixed-use property with upside potential, this versatile property offers a unique opportunity with multiple revenue streams and significant recent improvements.
Courtesy: Century 21 Signature RE - Oelwein
319-283-2211
Great visibility and convenience in this well-maintained one-level commercial office space located on one of the busiest corners in town. Featuring 3 private offices, a break room and 1 bathroom and additional storage rooms. This property offers a functional layout ideal for a variety of business uses. High traffic exposure and easy access make this an excellent opportunity for your business or investment portfolio.
Courtesy: Century 21 Signature RE - Oelwein
319-283-2211
Courtesy: Century 21 Signature RE - Oelwein
319-283-2211
Restaurant Business Opportunity for Sale! Located in a prime downtown corner lot, this spacious 4,141 sq ft restaurant space is ready for you to take over and start your culinary dream! The property comes fully equipped with: Fresh Salad Bar Setup Comfortable Booths, Tables, & Chairs for Guests Walk-In Cooler for Storage And Many Other Essential Items for Daily Operations! Whether you’re looking to expand your current business or enter the food industry, this location offers endless potential. Don’t miss out on the chance to own a fully functional and well-maintained restaurant in a prime location. Call today for more details or to schedule a viewing!
Courtesy: RE/MAX Independence Realty
319-334-5703
Explore the possibilities with this versatile 2-story commercial building located in the heart of downtown Oelwein. The main level welcomes you with a reception area that flows into several spacious offices, offering plenty of room for individual workspaces or collaborative setups. This floor also includes two restrooms and a convenient kitchen/break area for staff or client use. The upper level provides additional usable space with a large open room, additional offices, and another restroom—ideal for a conference area, training room, or expanded office operations. Also located upstairs are three apartment units. While these units are not currently up to code, they present a great opportunity for future rental income with renovation. A full basement offers ample room for storage or equipment. Two HVAC units were replaced in 2022 along with some exterior masonry repairs and a complete roof recoating that same year. Three rooms upstairs each have their own controlled heating/cooling units that are controlled by remotes. Whether you're expanding your business or seeking an investment property with potential, this building provides a solid foundation and an excellent location to build upon.
Courtesy: EXIT Realty Unlimited Oelwein
319-283-5700
Prime Investment Opportunity — 22,000 SF Commercial Property with Strong Anchor Tenants & Sustainable Upgrades! Discover a premier investment property offering stability, performance, and modern efficiency. This 22,000 square foot commercial building is anchored by a strong, long-term tenants and is nearly fully leased, ensuring consistent income and minimal vacancy exposure. Recent capital improvements demonstrate ownership pride and a commitment to long-term operational excellence. Upgrades include a new high-efficiency boiler system, state-of-the-art HVAC control units, and a large solar array designed to significantly reduce energy costs. With a desirable location, excellent tenant mix, and turnkey sustainability infrastructure, this property represents a secure, future-focused investment in a thriving commercial corridor. Highlights: 22,000 SF of well-maintained commercial space Strong anchor tenant with long-term lease Nearly 100% occupancy New high-efficiency boiler and HVAC control systems Large rooftop solar array reducing operating expenses Proven income stability with growth potential Current tenants include: Regional Credit Union Real Estate office Nail salon Law office Regional Non-profit Agency Financial Services business General leased space Potential Restaurant or eatery A rare opportunity to own a low-maintenance, income-producing property that combines modern efficiency with a solid tenant base.
Courtesy: EXIT Realty Unlimited Oelwein
319-283-5700
IMPROVED PRICE - REDUCED!! TAKE ADVANTAGE!! Acquire a prime business opportunity in Oelwein, IA. This remodeled restaurant boasts a rich history of serving delicious homemade food, complemented by a fortunate ownership experience. Ample parking, easy accessibility and a friendly staff await. The cleanest restaurant in town; it features recent improvements and equipment less than 5 years old, ensuring mechanical soundness. Numerous additional amenities are available. Please inquire for a comprehensive list. Key features include office space, dual bathrooms, a spacious kitchen, storage room and a large shed for storage and materials, assessible from the rear alley. This turn-key business is ready for immediate operation. Schedule a tour today and enjoy a complementary cup of coffee while exploring this exceptional opportunity.
Courtesy: Century 21 Signature RE - Oelwein
319-283-2211
Commercial Property Alert!! This property offers a combination of steady rental income from the retail space on the main level (currently rented) This is a prime commercial space offering high visibility and foot traffic. This property also adds the opportunity to generate additional revenue from the 2BR/1BA residential apartment upstairs. This apartment is very spacious, well maintained and recently updated, featuring: Large living area, spacious kitchen and laundry area. Whether you're an investor looking for a multi-use property or a buyer seeking an income-generating asset, this property is a must-see! Call today !
Oelwein is located in Iowa. Oelwein, Iowa has a population of 5,961. Oelwein is more family-centric than the surrounding county with 27.25% of the households containing married families with children. The county average for households married with children is 27.2%.
The median household income in Oelwein, Iowa is $38,325. The median household income for the surrounding county is $50,973 compared to the national median of $69,021. The median age of people living in Oelwein is 43.2 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 6.6 degrees. The average rainfall is approximately 36.8 inches per year, with 34.6 inches of snow per year.
