1005 Frederick AveOelwein, IA 50662

This exceptional investment opportunity presents a 7,796 square foot commercial property located at 1005 N Frederick Avenue, Oelwein, IA 50662. Currently configured as a mini-mall, the property offers a blend of office and retail space, complemented by ample storage on both the main level and in the basement. Strategically positioned on Highway 150, at the city limits, this property boasts excellent visibility and accessibility, ensuring high traffic flow. The existing layout allows for multiple tenants, with more than sufficient parking to accommodate their needs. The asking price is $249,000. This property presents a strong income stream with the potential for further growth through the addition of another tenant. Its prime location and versatile space make it an ideal addition to any investment portfolio, or a perfect starting point for new investors seeking a profitable venture in a thriving community. The property is classified as Retail and Land, and is situated in Fayette County, Iowa. This is a rare opportunity to acquire a well-established, income-generating property with significant upside potential.