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230-234 8th Ave Wellman, IA 52356 Commercial - Business Active

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Description

Located in the heart of downtown Wellman, this prime commercial building offers a rare opportunity to own a piece of the community's history while creating something entirely new. Wellman is known for its strong local roots, thriving small-business atmosphere, & walkable downtown, making this a standout location. This building has served the community for generations, most recently as a well-known Italian restaurant & ice cream parlor. With convenient front street parking & excellent visibility, the main level provides an open canvas space ready to be transformed into the business of your choice. The main floor has been remodeled & renovated in recent years, including updated electrical & plumbing, new bathrooms, flooring, lighting, & a new A/C unit. All restaurant equipment & furnishings, including ovens, freezers, tables, chairs, bar, and on-site items, are reserved and will not remain with the property. The South side of the building showcases beautiful historic details, including exposed wood beams and original tin ceilings that add warmth and character you simply can't replicate today.

Property Highlights

Property Type: Commercial - Business
Year Built: 1900

General Information

County: Washington
Listed By:
KALONA REALTY, INC. 319-656-5299 Jessica Hochstedler Yoder
ICAAR MLS
$149,900
Est. $1,009/mo
Active
SQUARE FEET5,310 MLS#202600014
STATUSActive PROPERTY TYPECommercial - Business

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Agent Name: Jeff Dellitt
Agent Phone: (563) 343-1028
Agency Title: Ruhl&Ruhl Realtors
Agent Email:

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230-234 8th Ave, Wellman, IA 52356.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $149,900$149,900$149,900
Down Payment $29,980$5,247$37,475
Monthly Mortgage Amount $700$847$896
Taxes $209$209$209
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$66$0
Monthly Estimated Total $1,009$1,222$1,205

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About this area

Iowa/Wellman
Wellman

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/04/2026. The listing information on this page last changed on 03/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 03/04/2026 12:17:42 AM EST) or MRED MLS (last updated Wed 03/04/2026 12:11:50 AM EST) or SCWMLS (last updated Tue 03/03/2026 11:54:38 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 03/03/2026 10:15:25 PM EST) or Cedar Rapids MLS (last updated Tue 03/03/2026 10:44:16 PM EST) or NEIRBR MLS (last updated Wed 03/04/2026 12:08:41 AM EST) or ICAAR MLS (last updated Tue 03/03/2026 11:37:36 PM EST) or ECIMLS (last updated Tue 03/03/2026 11:44:17 PM EST) or RMLSA (last updated Wed 03/04/2026 12:10:54 AM EST) or Muscatine MLS (last updated Wed 03/04/2026 12:15:23 AM EST) or No Coast MLS (last updated Wed 03/04/2026 12:14:19 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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