Log In/Sign Up
Your email has been sent.
218 Welch Ave 5,664 SF Retail Building Ames, IA 50014 $1,600,000 ($282.49/SF)
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.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
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
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (81)
Nearby Major Retailers
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
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
218 Welch Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.