
2 S Frederick, Oelwein, IA 50662
Fayette County
Key Facts
Description
Restaurant Business Opportunity for Sale! Located in a prime downtown corner lot, this spacious 4,141 sq ft restaurant space is ready for you to take over and start your culinary dream! The property comes fully equipped with: Fresh Salad Bar Setup Comfortable Booths, Tables, & Chairs for Guests Walk-In Cooler for Storage And Many Other Essential Items for Daily Operations! Whether you’re looking to expand your current business or enter the food industry, this location offers endless potential. Don’t miss out on the chance to own a fully functional and well-maintained restaurant in a prime location. Call today for more details or to schedule a viewing!
Property Information
Property Type
Commercial Sale
Year Built
1910
Stories
1
Living Area
4,141 sq ft
Lot Size
0.11 acres
Zoning
C
Days on Market
115
MLS® Listing#
20261128
Property Features
Cooling
Heating
Flooring
Lot Features
Construction
Roof
Utilities
Sewer
Financial Details
Annual Taxes
$1,992
Tax year 2025
Assessed Value
$111,320
Parcel Number
1821328022
Directions
Off of Hwy 150, turn West on S Frederick to next intersection
Affordability Calculator
$17,000
Estimated monthly payment
$452/mo
Principal $68,000 · Est. interest $94,866 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Oelwein, IA
- 71
- Median Days on Market
- 1,384
- Median Sq Ft
- $93
- Median Price / Sq Ft
- 27
- Active Listings
- Its price per sq ft is 78% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Oelwein, IA.
Location
Points of Interest in Oelwein, IA
Showing the Oelwein area map.
Nearby Schools
Parkside Elementary School
Elementary · 0.5 mi away
Sacred Heart School of Oelwein
School · 0.6 mi away
Wings Park Elementary School
Elementary · 0.7 mi away
Little Husky Learning Center
Secondary · 0.7 mi away
Oelwein Middle School
Secondary · 0.9 mi away
West Central Community School
School · 6.6 mi away
Fairbank Elementary School
Elementary · 7.1 mi away
Wapsie Valley High School
Secondary · 11.5 mi away
Fayette Elementary School
Elementary · 12.6 mi away
Starmont Community School District
Secondary · 13.5 mi away
Independence Christian Academy
School · 13.6 mi away
St John's Elementary School
Elementary · 14.3 mi away
Little Red Schoolhouse
School · 14.5 mi away
Independence Community School District
School · 14.5 mi away
East Elementary School
Elementary · 14.6 mi away
West Elementary School
Elementary · 14.6 mi away
Independence Middle School
Elementary · 14.6 mi away
Dunkerton Elementary
Elementary · 14.7 mi away
Dunkerton Community School
Secondary · 14.7 mi away
Independence Junior Senior High School
Secondary · 14.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 10 E Charles Street, Oelwein, IA | $65,000 | — | — | 1,720 |
| 15 3rd Ave NW, Oelwein, IA | $78,000 | 2 | 1 | 884 |
| 3 E Charles, Oelwein, IA | $92,000 | — | — | 1,150 |
| 14 E Charles Street, Oelwein, IA | $95,000 | — | — | 3,705 |
| 219 SE 6th Avenue, Oelwein, IA | $99,500 | 3 | 2 | 1,258 |
| 300 Eastline Rd, N., Oelwein, IA | $100,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Oelwein
Listing Courtesy: Century 21 Signature Real Estate - Oelwein - 3192832211
Presented by: Jennifer L Drewelow














