122 S Frederick Avenue, Oelwein, IA

$50,000

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0.07

Acres

About 122 S Frederick Avenue

Possibilities Plus...This Landmark Building is waiting to be finished. It's exterior and interior has already gone through a lot of preservation and updates. The first-floor sports an excellent, large spacious area which is currently setup has a restaurant. The ceilings, serving bar and more allows the guests to step back in time. It is just waiting for the right person to make it shine. The upper 2nd and 3rd floors house one room sleeping accommodations and this area is ready for you to turn them into one-bedroom apartments...less rooms but a steady monthly rent income. The city of Oelwein has been granting dollars to revitalize buildings like this one; one with a history! In the past, the grants to a single applicant per year top off at $50,000. Be part of history and invest in your future.

Features of 122 S Frederick Avenue

MLS® # 20242743
Price $50,000
Bathrooms 0.00
Acres 0.07
Year Built 1890
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 122 S Frederick Avenue
Subdivision Oelwein Adding (Commercial) Fayette County Iowa
City Oelwein
County Fayette
State IA
Zip Code 50662

Amenities

Utilities Electricity Available, Gas, Water Available
Is Waterfront No

Interior

Heating Forced Air
Fireplace No

Exterior

Exterior Brick
Roof Metal

Additional Information

Date Listed June 28th, 2024
Days on Market 327
Zoning C/L-multi
Short Sale No
RE / Bank Owned No
Has Openhouse No

Listing Details

AgentGale Shinkle,crb,crs,abr
OfficeColdwell Banker Elevated Real Estate

Listing Map

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