Martha Lebron-Dykeman

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2 S FrederickOelwein, IA 50662

Commercial · 4,141 Sq. ft. | 0.11 Acres
$115,000 ACTIVE

2 S Frederick Overview

Time on Site:
97 days
Visits:
28

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!

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2 S Frederick Facts & Features

  • Type Commercial
  • Sq. ft. 4,141
  • Price/Sq.ft. $28
  • Lot 0.11 Acres

Details

General

Income/Expenses

  • Existing Lease Type: None
  • Gross Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1910

Location/Region

  • County Or Parish: Fayette

Rent/Lease Information

  • Lease Term: N/A
  • Tenant Pays: N/A

Tax Information

  • Tax Annual Amount: 1992
  • Tax Assessed Value: 111320
  • Tax Year: 2025

General Information

  • Parcel Number: 1821328022
  • Possible Use: Office,Retail
  • Property Sub Type: Office/Retail
  • Property Type: Commercial Sale
  • Special Listing Conditions: Normal Sale
  • Zoning: C

Interior

Building Interior

  • Building Area Total: 4141

General Information

  • Cooling: Central Air
  • Flooring: Tile,Carpet
  • Heating: Forced Air,Natural Gas

Exterior

Lot Information

  • Frontage Type: Corner Lot,City Street
  • Lot Features: Close to Shopping
  • Lot Size Acres: 0.11
  • Lot Size Square Feet: 4900

Building Exterior/Construction

  • Construction Materials: Brick,Block
  • Roof: Composition Shingle

General Information

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

2 S Frederick 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.

2 S Frederick 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.

2 S Frederick 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

2 S Frederick History

Date Event Value Agent
3/24/2026Source: Northeast Iowa Regional MLS Added to Database
March 24, 2026
Listing provided courtesy of Century 21 Signature Real Estate - OelweinNortheast Iowa Regional MLS- MLS# 20261128MLS Provider