Wellman IA Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
255.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
202600441
Type:
General Commercial
Lot size:
0.18 Acres
Year built:
1900
Courtesy: KALONA REALTY, INC. Jessica Hochstedler Yoder 319-430-3311
View additional info

ADDITIONAL INFORMATION

FOR LEASE: Nice business/office opportunity for lease that is nicely set up to suit a multitude of different businesses! The entire space is in very good condition and shows well. Suite 1 is set up with two large offices or reception areas with a kitchenette and private bathroom. There is street parking in the front of the building plus a parking lot in the rear of the building. This commercial condo is part of an association, so the CAM paid by the owner goes to the association and the association provides all external maintenance. Each tenant is responsible for their own rental insurance. High speed fiber optic internet available!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
202600440
Type:
General Commercial
Lot size:
0.18 Acres
Year built:
1900
Courtesy: KALONA REALTY, INC. Jessica Hochstedler Yoder 319-430-3311
View additional info

ADDITIONAL INFORMATION

FOR SALE OR LEASE (Ste 1). This leased investment is a commercial condo that could be leased to one or two tenants or used by an owner occupant. The latest rent on the front facing 700 foot suite (Ste 1) is $825 per month (gross) including taxes and building insurance, and the current rent on the parking lot facing 1,075 foot suite (Ste 2) is $1,395 per month (gross) including taxes and building insurance. Suite 1 CAM is an additional $38/month and Suite 2 CAM is an additional $72.40/month (or combined CAM $110.53/month). Both spaces in this commercial condo are in very good condition and show well. Suite 1 features two large office areas, a kitchenette, and a private bathroom. Suite 2 has just been freshly painted and currently features three individual rooms/offices with sinks/cabinets and a fourth room/office that is plumbed for water. Suite 2 has a nice reception area, kitchenette space, private bathroom and access to the shared common area bathrooms. There is street parking in the front of the building for Suite 1 and a parking lot in the rear of the building for Suite 2.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
202600014
Type:
General Commercial
Lot size:
0.12 Acres
Year built:
1900
Courtesy: KALONA REALTY, INC. Jessica Hochstedler Yoder 319-430-3311
View additional info

ADDITIONAL INFORMATION

Located in the heart of downtown Wellman, this prime commercial building offers a rare opportunity to own a piece of the communityâ??s history while creating something entirely new. Wellman is known for its strong local roots, thriving small-business atmosphere, & walkable downtown, making this a standout location. This building has served the community for generations, most recently as a well-known Italian restaurant & ice cream parlor. With convenient front street parking & excellent visibility, the main level provides an open canvas space ready to be transformed into the business of your choice. The main floor has been remodeled & renovated in recent years, including updated electrical & plumbing, new bathrooms, flooring, lighting, & a new A/C unit. All restaurant equipment & furnishings, including ovens, freezers, tables, chairs, bar, and on-site items, are reserved and will not remain with the property. The South side of the building showcases beautiful historic details, including exposed wood beams and original tin ceilings that add warmth and character you simply canâ??t replicate today.

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Albert Wright Page, License B62241000, Xome Inc., License FO5635000, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

Information is provided exclusively for consumers personal, non - commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026, Iowa City Association of REALTORS



Wellman Real Estate

Wellman is located in Iowa. Wellman, Iowa has a population of 1,474. Wellman is more family-centric than the surrounding county with 41.23% of the households containing married families with children. The county average for households married with children is 32.06%.

The median household income in Wellman, Iowa is $51,364. The median household income for the surrounding county is $66,908 compared to the national median of $69,021. The median age of people living in Wellman is 43.8 years.

Wellman Weather

The average high temperature in July is 84.7 degrees, with an average low temperature in January of 11.9 degrees. The average rainfall is approximately 36.7 inches per year, with 26 inches of snow per year.

Wellman Map

Wellman Real Estate Market Conditions

  • Median sales price

    $180,000
    11.4%
    change since last quarter
  • # Active listings

    6
    30-day change

Wellman Schools and Demographics

Education near Wellman, IA

City County
High School Graduates 92.7 91.92
College Degree - 2 year 11.88 10.95
College Degree - 4 year 20.02 23.62
Graduate Degree 6.27 5.58
Expenditures per Student 13,969 13,969
Students per Teacher 12.7 12.7

Elementary Schools near Wellman, IA

Grades Students P/T Ratio ZIP
English Valleys Elementary School PK - 06 272 12.3 52316
Kalona Elementary School PK - 05 293 14.2 52247
Keota Elementary School PK - 06 213 13.7 52248
Riverside Elementary School PK - 05 243 15.7 52327
Washington Township Elementary School PK - 05 100 13.3 52247
Wellman Elementary School PK - 05 284 14.2 52356

Middle Schools near Wellman, IA

Grades Students P/T Ratio ZIP
Highland Middle School 06 - 08 146 13.3 52327
Mid-Prairie Middle School 06 - 08 290 12.6 52247

High Schools near Wellman, IA

Grades Students P/T Ratio ZIP
English Valleys Junior-Senior High School 07 - 12 218 10.4 52316
Highland High School 09 - 12 210 11.2 52327
Keota High School 07 - 12 129 9.6 52248
Mid-Prairie High School 09 - 12 343 12.8 52356

Ungraded Schools near Wellman, IA

Grades Students P/T Ratio ZIP
* Alterntive Learning Cent 09 - 12 16 8 52356

Demographics near Wellman, IA

City County
Neighborhood Type Small town
Population 1,474 22,525
Population Density 1,388 40
Median Age 43.8 40.2
People per Household 2.3 2.5
Median Household Income 51,364 66,908
Average Income per Capita 29,049 32,070

Real estate near Wellman