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217 8th Ave, Wellman, IA 52356
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$259,900
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Home Details for 217 8th Ave
Price
$259,900
Type
Commercial/Industrial
Year Build
1900
Sq. Ft.
1845
Lot Size
0.18
County
Washington
Tax
$8,572
MLS®️ Listing#
202405801
On exitrealty.com
127 days
Property Description
FOR SALE OR LEASE. 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 $850 per month (gross) including taxes and building insurance, and the latest rent on the parking lot facing 1,075 foot suite (Ste 2) is $1,300 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, 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 the financial services tenant (Ste 1) and a parking lot in the rear of the building for additional tenant (Ste 2). Annual taxes are $8,572, Annual insurance is $1,689 and the Annual CAM is $1,326. This commercial condo is part of an association, so the CAM paid by the owner goes to the association and the association provides all external maintenance. Each tenant is responsible for their own rental insurance. High speed fiber optic internet available!
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- Utilities
- Cable Available
- Electricity Available
- Natural Gas Available
- Sewer Available
- Phone Available
- Heating Information
- Zoned
- Natural Gas
- Forced Air
- Cooling Information
- Central Air
- Zoned
- Water Features
- Public
School Information
School Information for 217 8th Ave
Elementary School
MidPrairie
Middle School
MidPrairie
High School
MidPrairie
Listing Courtesy: KALONA REALTY, INC. - 319-656-5299. Presented by: Jessica Hochstedler Yoder
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Iowa City Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. The data is provided from an authorized source. Copyright ©2025 Iowa City Area Association of REALTORS®. All Rights Reserved.
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