Address
14 E Charles Street, Oelwein, IA
Price
$ 95,000
Property Attributes
  • MLS#20255638
  • TypeCommercial
  • Listing Status ACTIVE
  • CountyFAYETTE
  • CityOelwein
  • AreaFayette
  • Zip50662
  • Style2 Story,Basement
  • Year Built1900
  • Taxes$ 2498
  • Price$ 95,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3705
  • Lot Size0.11 Acres
Data Source:
Listings courtesy of Northeast Iowa Regional Board of REALTORS® as distributed by MLS GRID
Property Description

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.

Price History
11/18/2025 Listed $99,500
5/18/2026 5$95,000

General Features

Sewer Public Sewer
Heating Forced Air,Natural Gas,Individual Unit
Cooling Central Air,Multi Units
Utilities Electricity Available,Natural Gas Available,Water Available,Sewer Available
Roof Membrane,Flat
Zoning C1
Construction Materials Brick,Block
Year Built 1900
Property Subtype Office
Tax Year 2024
County Fayette
Property Type Commercial Sale
Possible Use Office,Retail
Garage Y/N No
Status ACTIVE
Buyer Financing Cash Convention
Directions From Hwy 150 turn West on E. Charles St.,property on south side of street
City Oelwein
Lot Size Square Feet 4522
Tax Annual Amount 2498.35
Ok to Lease Month To Month
Lease Type None
Tax Assessed Value 140360

Exterior Features

Building Area Total 3705
Lot Size Acres 0.11
Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 50662

Price
AVG $230K
$100K
Taxes
AVG $5,483
$2,498
Year Built
AVG 1930
1900
Visits
AVG 48
137
Data Provided by Inside Real Estate®