230-234 8th Ave Wellman, IA 52356 Commercial - Business Active

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Description

Located in the heart of downtown Wellman, this prime commercial building offers a rare opportunity to own a piece of the community's history while creating something entirely new. Wellman is known for its strong local roots, thriving small-business atmosphere, & walkable downtown, making this a standout location. This building has served the community for generations, most recently as a well-known Italian restaurant & ice cream parlor. With convenient front street parking & excellent visibility, the main level provides an open canvas space ready to be transformed into the business of your choice. The main floor has been remodeled & renovated in recent years, including updated electrical & plumbing, new bathrooms, flooring, lighting, & a new A/C unit. All restaurant equipment & furnishings, including ovens, freezers, tables, chairs, bar, and on-site items, are reserved and will not remain with the property. The South side of the building showcases beautiful historic details, including exposed wood beams and original tin ceilings that add warmth and character you simply can't replicate today.

Property Highlights

Property Type: Commercial - Business
Year Built: 1900

General Information

County: Washington
Listed By:
KALONA REALTY, INC. 319-656-5299 Jessica Hochstedler Yoder
ICAAR MLS
$149,900
Est. $1,009/mo
Active
SQUARE FEET5,310 MLS#202600014
STATUSActive PROPERTY TYPECommercial - Business

Get in Touch

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Shown By

Agent Name: BERG Real Estate BERG Real Estate Team
Agent Phone: (309) 737-7444
Agency Title: Ruhl&Ruhl Realtors
Agent Email:

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230-234 8th Ave, Wellman, IA 52356.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $149,900$149,900$149,900
Down Payment $29,980$5,247$37,475
Monthly Mortgage Amount $700$847$911
Taxes $209$209$209
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$66$0
Monthly Estimated Total $1,009$1,222$1,220

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Iowa/Wellman
Wellman

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