1 W Charles Street, Oelwein, IA

$989,000

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0.63

Acres

About 1 W Charles Street

Prime Investment Opportunity — 22,000 SF Commercial Property with Strong Anchor Tenants & Sustainable Upgrades! Discover a premier investment property offering stability, performance, and modern efficiency. This 22,000 square foot commercial building is anchored by a strong, long-term tenants and is nearly fully leased, ensuring consistent income and minimal vacancy exposure. Recent capital improvements demonstrate ownership pride and a commitment to long-term operational excellence. Upgrades include a new high-efficiency boiler system, state-of-the-art HVAC control units, and a large solar array designed to significantly reduce energy costs. With a desirable location, excellent tenant mix, and turnkey sustainability infrastructure, this property represents a secure, future-focused investment in a thriving commercial corridor. Highlights: 22,000 SF of well-maintained commercial space Strong anchor tenant with long-term lease Nearly 100% occupancy New high-efficiency boiler and HVAC control systems Large rooftop solar array reducing operating expenses Proven income stability with growth potential Current tenants include: Regional Credit Union Real Estate office Nail salon Law office Regional Non-profit Agency Financial Services business General leased space Potential Restaurant or eatery A rare opportunity to own a low-maintenance, income-producing property that combines modern efficiency with a solid tenant base.

Features of 1 W Charles Street

MLS® # 20255015
Price $989,000
Acres 0.63
Year Built 1984
Type Commercial Sale
Sub-Type Office/Retail
Status Active

Community Information

Address 1 W Charles Street
City Oelwein
County Fayette
State IA
Zip Code 50662

Amenities

Is Waterfront No

Interior

Heating Radiant
Cooling Entire Unit
Fireplace No

Exterior

Exterior Brick
Roof Membrane
Construction Stone

Additional Information

Date Listed October 12th, 2025
Days on Market 1
Zoning C
Short Sale No
RE / Bank Owned No

Listing Details

AgentDennis Buchheit
OfficeEXIT Realty Unlimited Oelwein

Listing Map

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