122 S Frederick Avenue, Oelwein

$60,000

0 Beds
0 Baths
.07 Acres
0 Garages

Property Description

Possibilities Plus...This Landmark Building is waiting to be finished. It's exterior and interior has already gone through a lot of preservation and updates. The first-floor sports an excellent, large spacious area which is currently setup has a restaurant. The ceilings, serving bar and more allows the guests to step back in time. It is just waiting for the right person to make it shine. The upper 2nd and 3rd floors house one room sleeping accommodations and this area is ready for you to turn them into one-bedroom apartments...less rooms but a steady monthly rent income. The city of Oelwein has been granting dollars to revitalize buildings like this one; one with a history! In the past, the grants to a single applicant per year top off at $50,000. Be part of history and invest in your future.

Essential Information
MLS® #20232535
Price$60,000
Bathrooms0.00
Acres0.07
Year Built1890
TypeCommercial Sale
Sub-TypeRetail
StatusActive
Community Information
Address122 S Frederick Avenue
CityOelwein
CountyFayette
StateIA
Zip Code50662
Subdivision

Oelwein Adding (Commercial) Fayette County Iowa

Utilities

Electricity Available, Gas, Water Available

Interior
HeatingForced Air
Exterior
ExteriorBrick
RoofMetal
Additional Information
Date ListedJune 23rd, 2023
Days on Market310
ZoningC/L-multi
Listing Details
AgentGale Shinkle,crb,crs,abr
Office

Coldwell Banker Elevated Real Estate

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Listing information last updated on April 28th, 2024 at 6:23pm CDT.