17,936 sqft

$399,900

829 SE 1st Avenue, Oelwein IA, 50662

Price per sqft$22.30

Built in2004

Property size17,936 sqft

Property typeCommercial

Courtesy of Century 21 Signature RE- Waverly, Listing Contact:

Overview

Active

Listed Aug 31, 2026

Updated 10h ago

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.

Additional information

MLS^® ID: 20264164

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 1.27 Acres

Other Property Details

Taxes: $10,428
Tax Frequency: Annually

Listings courtesy of IA - Northeast Iowa Regional Board of REALTORS® (NEIMLS / NEIRBR) as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Wapsie Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 3:46 AM UTC on 10/27/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.