14 E Charles StreetOelwein, IA 50662

Commercial · 3,705 Sq. ft. | 0.11 Acres
$95,000 ACTIVE

14 E Charles Street Overview

Time on Site:
223 days
Visits:
71

Explore the possibilities with this versatile 2-story commercial building located in the heart of downtown Oelwein. The main level welcomes you with a reception area that flows into several spacious offices, offering plenty of room for individual workspaces or collaborative setups. This floor also includes two restrooms and a convenient kitchen/break area for staff or client use. The upper level provides additional usable space with a large open room, additional offices, and another restroom—ideal for a conference area, training room, or expanded office operations. Also located upstairs are three apartment units. While these units are not currently up to code, they present a great opportunity for future rental income with renovation. A full basement offers ample room for storage or equipment. Two HVAC units were replaced in 2022 along with some exterior masonry repairs and a complete roof recoating that same year. Three rooms upstairs each have their own controlled heating/cooling units that are controlled by remotes. Whether you're expanding your business or seeking an investment property with potential, this building provides a solid foundation and an excellent location to build upon.

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14 E Charles Street Facts & Features

  • Type Commercial
  • Sq. ft. 3,705
  • Price/Sq.ft. $26
  • Lot 0.11 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

Building Information

  • Year Built: 1900

Location/Region

  • County Or Parish: Fayette

Rent/Lease Information

  • Lease Term: Month To Month

Tax Information

  • Tax Annual Amount: 2498.35
  • Tax Assessed Value: 140360
  • Tax Year: 2024

General Information

  • Parcel Number: 1821401021
  • Possible Use: Office,Retail
  • Property Sub Type: Office
  • Property Type: Commercial Sale
  • Special Listing Conditions: Normal Sale
  • Zoning: C1

Interior

Parking Information

  • Garage: false

Building Interior

  • Building Area Total: 3705

General Information

  • Cooling: Central Air,Multi Units
  • Heating: Forced Air,Natural Gas,Individual Unit

Exterior

Lot Information

  • Frontage Type: City Street
  • Lot Size Acres: 0.11
  • Lot Size Square Feet: 4522

Building Exterior/Construction

  • Construction Materials: Brick,Block
  • Roof: Membrane,Flat

General Information

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

14 E Charles Street 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.

14 E Charles Street Monthly Cost

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* 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.

14 E Charles Street Market Data

Based on the last 30 days in this zip code

$137,370
Average List Price
$1,110
Average Price per Square Foot
7
Properties Sold
71
Average Days on Market
45
Properties for Sale
Calculations provided by Reliance Network

14 E Charles Street History

Date Event Value Agent
5/18/2026Source: Northeast Iowa Regional MLS Price Reduction
$95,000 -4.5%
11/18/2025Source: Northeast Iowa Regional MLS Added to Database
November 18, 2025
Listing provided courtesy of RE/MAX Independence RealtyNortheast Iowa Regional MLS- MLS# 20255638MLS Provider