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Listed by Heather Kral • EXIT Realty Unlimited Oelwein
$299,000
Est. payment /mo
0.68 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20250519
Year Built 1976
Annual Tax Amount $4,334
Tax Year 2023
Lot Size 0.680 Acres
Acres 0.68
Property Sub-Type Retail
Property Description
This prime commercial property offers a high-visibility location on Highway 3, near Oelwein schools and a busy four-way stop, ensuring excellent traffic exposure. The 2,336 SF building features a brand-new roof installed in 2023 with a 4-ply composite/wood deck and newly updated wood composite siding. Recent improvements also include the beginning stages of a drive-through, a new retaining wall, and freshly poured cement for potential outdoor seating. The interior is a blank slate, ready for customization to fit your business needs. Additionally, an upper-level office space is available above the new drive-through addition, with the opportunity to add stairs or an elevator for access. With a large paved parking lot and excellent visibility, this property is ideal for a restaurant, café, or franchise opportunity. Available for sale or lease—contact me for more details.
Location
State IA
County Fayette
Zoning Commercial
Interior
Heating Forced Air
Cooling Central Air
Flooring Tile/Vinyl, Concrete
Fireplace N
Exterior
View Y/N true
Roof Type Membrane,Flat
Building
Sewer City Sewer
Structure Type Frame
Others
Acceptable Financing NBR20250519
Listing Terms NBR20250519
Special Listing Condition Normal Sale
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