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2 S Frederick, Oelwein, IA 50662

Fayette County

Key Facts

4,141Sq Ft
1910Year Built
0.11Lot (acres)
1Stories

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

Central Air

Heating

Forced AirNatural Gas

Flooring

TileCarpet

Lot Features

Corner Lot

Construction

BrickBlock

Roof

Composition

Utilities

Electricity AvailableNatural Gas AvailableWater AvailableSewer Available

Sewer

Public 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

Map showing the location of 2 S Frederick, Oelwein, IA 50662

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

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
10 E Charles Street, Oelwein, IA$65,0001,720
15 3rd Ave NW, Oelwein, IA$78,00021884
3 E Charles, Oelwein, IA$92,0001,150
14 E Charles Street, Oelwein, IA$95,0003,705
219 SE 6th Avenue, Oelwein, IA$99,500321,258
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

Based on information submitted to the MLS GRID as of 2026-03-24. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by neirbr. MLS® Listing#20261128. © 2026EXIT Realty®. All rights reserved.