102 1st St S - Light Manufacturing FOR SALE


Kalona, IA 52247
$2,200,000 USD
319-331-6187
102 1st St S, Kalona, IA for Sale
$2,200,000 USD
Light Manufacturing - FOR SALE
1/9
null | Request Cap Rate

102 1st St S
Kalona, IA 52247


OVERVIEW

This modern facility boasts a state of the art office, warehouse, and manufacturing building spanning a total of 42,916 square feet. The office and employee service area comprise 10,000 square feet, while an additional mezzanine office area of 5,900 square feet is located within the warehouse. The office spaces feature a generous ceiling height of 12 feet, while the warehouse/manufacturing area offers a clear height of 24 feet. Situated on a 3.41 acre plot of land, the property is zoned as M 2 for heavy ind ustrial use and offers ample parking with approximately 152 spaces on the fully paved lot. The building is fully air conditioned, providing a comfortable working environment, and has a robust cooling capacity of 198.5 tons of air conditioning. The power su pply includes 208 volts and 3 phase electricity with a capacity of 2000 amperes, along with an auxiliary generator generating 850 amperes of power. For convenient loading and unloading, the property features four truck docks, two 2 foot docks and two 4 foo t docks equipped with levelers, a UPS overhead door sally port door, and three additional overhead doors. In addition, the building is equipped with a cardboard compactor, a trash compactor, and even provides a secure bunker/storm shelter space. If needed, there is a 4,600 square foot ISO class 7 clean room available. Detailed specifications of the building can be found in a separate spec sheet. The owner will sell the building and lease it back for a period of 18 months at a mutually agreed upon lease rate . Located on 1st St / US Hwy #1, the facility benefits from a high traffic location, with a daily count of 6,200 cars on the north/south route and 3,720 cars per day on HWY #22, east/west. Kalona is conveniently situated just 7 miles west of Hwy #218 and 1 9 miles south of Iowa City on Hwy #1.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$46 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

UTILITIES

-

CLEAR CEILING HT

24 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

152

LAND DETAILS

LAND ACRES

3.41

LAND SF

148,540

ZONING

M-2

APN/PARCEL ID

03-18-101-031

ASK ABOUT THIS PROPERTY

Jeff EdbergLepic-Kroeger, RealtorsMore Info
319-331-6187

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Jeff EdbergLepic-Kroeger, RealtorsMore Info
319-331-6187

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.