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230-234 8th Ave, Wellman, IA 52356.
Historic Downtown Commercial Opportunity with Endless Potential! Located in the heart of downtown Wellman, this 5,310 square foot commercial property offers a rare opportunity for investors or entrepreneurs looking to restore and reimagine a piece of local history. Positioned along 8th Avenue, the building benefits from excellent visibility and a central location within the community's business district. This versatile property is currently configured for retail, office, or restaurant use, with the added potential for upper-level apartment conversion through renovation. Featuring two bathrooms and a flexible interior layout, the space provides a strong foundation for a variety of business or mixed-use concepts. Situated on a 0.12-acre lot, the property is ideal for those seeking a value-add investment or redevelopment project. With its historic character and prime downtown location, the possibilities for transformation are substantial. Whether you're an investor looking for your next project or a business owner ready to bring your vision to life, this property offers the location and potential to make it happen. Bring your ideas and unlock the potential of this downtown Wellman property?schedule your showing today! Property is being sold As-Is. There are currently no utilities on with this property.
MLS ID: 202602230
Shown By
Agent Name: Jamie Wiley
Agent Phone: (224) 383-8365
Agency Title: Ruhl&Ruhl Realtors
Agent Email:
Shown By
Agent Name: Jamie Wiley
Agent Phone: (224) 383-8365
Agency Title: Ruhl&Ruhl Realtors
Agent Email:
Contact an agent to learn more about
230-234 8th Ave, Wellman, IA 52356.

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563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $149,000 | $149,000 | $149,000 |
| Down Payment | $29,800 | $5,215 | $37,250 |
| Monthly Mortgage Amount | $715 | $877 | $913 |
| Taxes | $207 | $207 | $207 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $66 | $0 |
| Monthly Estimated Total | $1,022 | $1,250 | $1,220 |