217 8th Ave
Wellman, IA 52356

$224,900

  • 1,845
    Square Feet

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,...read more 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.

Property Highlights

  • Cooling

    Central A/C, Zoned

  • Flooring

    Concrete Slab/Grade, Carpet, Ceramic Tile

  • Heating

    Gas, Forced Air, Zoned/Dual Heat

  • Taxes

    $8,814 Taxes

  • Year Built

    Built in 1900

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