# 829 SE 1st Avenue, Oelwein, IA 50662

> **TL;DR:** commercial, $399,900, built 2004.
> A/C. Est. $2,139/mo. Listed 63 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $399,900 |
| Year Built | 2004 |
| Lot Size | 55,321 sqft (1.27 acres) |
| Property Type | Commercial (Office) |
| Status | Active |
| Days on Market | 63 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,022 |
| Estimated Insurance | $117 |
| **Total** | **$2,139** |

## Key Amenities

- A/C

## Property Highlights

- Built in 2004
- 1.27 acre lot

## Description

### Agent Description
Positioned in a high-visibility location within an area of Oelwein experiencing continued investment and growth, this former hardware store and lumber yard offers an excellent opportunity for an owner-user, investor, or redevelopment project. Situated on over an acre, the property features approximately 12,000 square feet of finished retail space plus an additional 6,000+ square feet of warehouse space previously used for lumber storage. Existing shelving, racks, paint bar and furnishings are included, providing a strong starting point for a variety of business uses. Convenient drive-through access connects Highway 150 to 1st Avenue SE, offering excellent accessibility and flexibility. The property could accommodate a variety of uses, including potential multi-tenant occupancy. An additional parcel is also included, providing expanded parking and additional flexibility for the property.

## Location

- **Address:** 829 SE 1st Avenue, Oelwein, IA 50662
- **County:** Fayette
- **Coordinates:** 42.66718, -91.911539
- **Google Maps:** https://www.google.com/maps?q=42.66718,-91.911539

## Listing Agent

- **Name:** Timothy Lalk
- **Brokerage:** Century 21 Signature Real Estate
- **Broker Phone:** (319) 239-1281

## Photos

![829 SE 1st Avenue - Photo 1](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f3700537641r.jpg)

![829 SE 1st Avenue - Photo 2](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f4021812621r.jpg)

![829 SE 1st Avenue - Photo 3](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f1609204276r.jpg)

![829 SE 1st Avenue - Photo 4](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f4016153917r.jpg)

![829 SE 1st Avenue - Photo 5](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f2322133242r.jpg)

![829 SE 1st Avenue - Photo 6](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f3739265849r.jpg)

![829 SE 1st Avenue - Photo 7](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f1921067452r.jpg)

![829 SE 1st Avenue - Photo 8](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f1544108558r.jpg)

![829 SE 1st Avenue - Photo 9](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f859007888r.jpg)

![829 SE 1st Avenue - Photo 10](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f2653549327r.jpg)

![829 SE 1st Avenue - Photo 11](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f4091868510r.jpg)

![829 SE 1st Avenue - Photo 12](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f1884078474r.jpg)

![829 SE 1st Avenue - Photo 13](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f2544380165r.jpg)

![829 SE 1st Avenue - Photo 14](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f2839474094r.jpg)

![829 SE 1st Avenue - Photo 15](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f2483188733r.jpg)

![829 SE 1st Avenue - Photo 16](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f4130790140r.jpg)

![829 SE 1st Avenue - Photo 17](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f3543771935r.jpg)

![829 SE 1st Avenue - Photo 18](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f2099740472r.jpg)

![829 SE 1st Avenue - Photo 19](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f1016964020r.jpg)

![829 SE 1st Avenue - Photo 20](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f2175583442r.jpg)

![829 SE 1st Avenue - Photo 21](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f1043176158r.jpg)

![829 SE 1st Avenue - Photo 22](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f2989564755r.jpg)

![829 SE 1st Avenue - Photo 23](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f2621006075r.jpg)

![829 SE 1st Avenue - Photo 24](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f984594508r.jpg)

![829 SE 1st Avenue - Photo 25](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f1728317709r.jpg)

![829 SE 1st Avenue - Photo 26](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f298772441r.jpg)

![829 SE 1st Avenue - Photo 27](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f1615730899r.jpg)

![829 SE 1st Avenue - Photo 28](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f2119233981r.jpg)

![829 SE 1st Avenue - Photo 29](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f3059118842r.jpg)

![829 SE 1st Avenue - Photo 30](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f419390278r.jpg)

![829 SE 1st Avenue - Photo 31](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f1807689076r.jpg)

![829 SE 1st Avenue - Photo 32](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f798332385r.jpg)

![829 SE 1st Avenue - Photo 33](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f2264402853r.jpg)

![829 SE 1st Avenue - Photo 34](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f3018332562r.jpg)

![829 SE 1st Avenue - Photo 35](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f3577977301r.jpg)

![829 SE 1st Avenue - Photo 36](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f3475278717r.jpg)

![829 SE 1st Avenue - Photo 37](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f2572994407r.jpg)

![829 SE 1st Avenue - Photo 38](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f4061988980r.jpg)

![829 SE 1st Avenue - Photo 39](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f4173982451r.jpg)

![829 SE 1st Avenue - Photo 40](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f3872626414r.jpg)

![829 SE 1st Avenue - Photo 41](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f333766581r.jpg)

![829 SE 1st Avenue - Photo 42](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f2933422966r.jpg)

![829 SE 1st Avenue - Photo 43](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f470712663r.jpg)

![829 SE 1st Avenue - Photo 44](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f3563355088r.jpg)

![829 SE 1st Avenue - Photo 45](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f1171753029r.jpg)

![829 SE 1st Avenue - Photo 46](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f4143935746r.jpg)

![829 SE 1st Avenue - Photo 47](http://lh.rdcpix.com/807270d1998f59260cebaf5e49eeee0bl-f2364962220r.jpg)

---

**MLS#:** 20264164 | **Updated:** 2026-10-27
**Source:** listhub

*Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/829-se-1st-avenue-oelwein-ia-50662-ee6bc1c2e0f04c2ebacba3549c3c240b)

---

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}
```