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218 Welch Ave
Ames, IA 50014
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Situated in the heart of Iowa State Campustown
- High Walk Score (80) and Bike Score (81) indicate strong pedestrian and cyclist access, enhancing its appeal for commercial tenants
- Features 62 feet of frontage on Welch Avenue, with a pylon sign included—excellent for retail visibility.
- Located in a densely populated area
EXECUTIVE SUMMARY
In the heart of Iowa State University’s Campustown, 218 Welch Ave offers a prime redevelopment opportunity. Located just one block south of ISU’s main campus, this property spans approximately 0.65 acres and is currently zoned for commercial use.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,664 SF
Building Class
B
Year Built
1971
Price
$1,600,000
Price Per SF
$282.49
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.66 AC
Zoning
commercial
Parking
30 Spaces (6.56 Spaces per 1,000 SF Leased)
Frontage
62’ on Welch Ave
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 09-09-131-255 | Improvements Assessment | $365,400 |
| Land Assessment | $1,710,000 | Total Assessment | $2,075,400 |
PROPERTY TAXES
Parcel Number
09-09-131-255
Land Assessment
$1,710,000
Improvements Assessment
$365,400
Total Assessment
$2,075,400
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