Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 

114 S FrederickOelwein, IA 50662

Commercial · 1,750 Sq. ft. | 0.06 Acres
$179,900 ACTIVE

114 S Frederick Overview

Time on Site:
497 days
Visits:
57

IMPROVED PRICE - REDUCED!! TAKE ADVANTAGE!! Acquire a prime business opportunity in Oelwein, IA. This remodeled restaurant boasts a rich history of serving delicious homemade food, complemented by a fortunate ownership experience. Ample parking, easy accessibility and a friendly staff await. The cleanest restaurant in town; it features recent improvements and equipment less than 5 years old, ensuring mechanical soundness. Numerous additional amenities are available. Please inquire for a comprehensive list. Key features include office space, dual bathrooms, a spacious kitchen, storage room and a large shed for storage and materials, assessible from the rear alley. This turn-key business is ready for immediate operation. Schedule a tour today and enjoy a complementary cup of coffee while exploring this exceptional opportunity.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

114 S Frederick Facts & Features

  • Type Commercial
  • Sq. ft. 1,750
  • Price/Sq.ft. $103
  • Lot 0.06 Acres

Details

General

Income/Expenses

  • Existing Lease Type: None
  • Gross Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Listing Information

  • Buyer Financing: Cash Convention,At Closing

Building Information

  • Year Built: 1951

Location/Region

  • County Or Parish: Fayette

Rent/Lease Information

  • Lease Term: N/A
  • Tenant Pays: N/A

Tax Information

  • Tax Annual Amount: 806
  • Tax Assessed Value: 42460
  • Tax Year: 2024

General Information

  • Ownership: Individual
  • Parcel Number: 1821330014
  • Possible Use: Retail,Other
  • Property Sub Type: Retail
  • Property Type: Commercial Sale
  • Special Listing Conditions: Normal Sale
  • Zoning: Commercial

Interior

Building Interior

  • Building Area Total: 1750

General Information

  • Cooling: Central Air
  • Flooring: Concrete
  • Heating: Forced Air

Exterior

Lot Information

  • Frontage Type: City Street,Paved 2Lane
  • Lot Features: Close to Shopping
  • Lot Size Square Feet: 2500

Building Exterior/Construction

  • Construction Materials: Frame
  • Roof: Composition,Membrane,Flat

General Information

  • Sewer: Public Sewer
  • Utilities: Electricity Available,Natural Gas Available,Water Available,Sewer Available,Phone Available

114 S Frederick Neighborhood

Community

50662 (Oelwein) Demographics

46
Median Age
95
Population Density (per sq. mile)
24%
College Educated
$39,529
Estimated Median Income
1,943
Estimated Total Home Owners
808
Estimated Total Renters
71% / 29%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

114 S Frederick Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

114 S Frederick Market Data

Based on the last 30 days in this zip code

$137,481
Average List Price
$1,110
Average Price per Square Foot
7
Properties Sold
70
Average Days on Market
45
Properties for Sale
Calculations provided by Reliance Network

114 S Frederick History

Date Event Value Agent
6/12/2025Source: Northeast Iowa Regional MLS Price Reduction
$179,900 -10.0%
2/17/2025Source: Northeast Iowa Regional MLS Added to Database
February 17, 2025
Listing provided courtesy of EXIT Realty Unlimited OelweinNortheast Iowa Regional MLS- MLS# 20250649MLS Provider