Commercial $ 0

1 W Charles ST

Oelwein, IA 50662

  • 0.63 Lot Size
  • 1984 Year Built
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.
Listed by Dennis Buchheit of EXIT Realty Unlimited Oelwein

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Office/Retail

    Listing Status Active

    Purchase Type For Sale

    MLS Listing ID 20255015

    Year Built 1984

    Annual Tax Amount $26,382

    Tax Year 2025

    Lot Size 0.630 Acres

    Acres 0.63

    Property Sub-Type Office/Retail

  • Location

    State IA

    County Fayette

    Zoning C

  • Building

    Sewer Public Sewer

    Structure Type Stone

  • Interior

    Heating Radiant

    Cooling Entire Unit

    Flooring Concrete

    Fireplace N

  • Exterior

    View Y/N true

    Roof Type Membrane

  • Others

    Ownership Individual

    Acceptable Financing NBR20255015

    Listing Terms NBR20255015

    Special Listing Condition Normal Sale

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