1060 Madison St - Industrial FOR SALE


Norwalk, IA 50211
$305,000 USD
515-334-4900
1060 Madison St, Norwalk, IA for Sale
$305,000 USD
Industrial - FOR SALE
1/16
null | Request Cap Rate

1060 Madison St
Norwalk, IA 50211


HIGHLIGHTS

  • 5-Year Tax Abatement Available for $19,500 of Savings!
  • Four Outdoor Storage Spaces Available per Unit!
  • 18 Ft Clearance with 16 Ft. Overhead Doors in each Unit!
  • Ability to Choose Between Drive-Through Access OR Drive-in Access!
  • Low HOA Monthly dues of $180 per month!

OVERVIEW

The KataLYST Team by KW Commercial is pleased to market exclusively for sale or for lease these industrial condominium units. Consisting of 18 ft clear heights, 16 ft overhead doors, 32.5 ft wide by 60 ft depth with a 200-Amp electrical service and stubbed out for bathroom installation, these units can be purchased or leased as individual units or as a package. Outdoor storage is available with four parking spaces per unit and half of the units consist of drive-through access with overhead doors on the North and South portion of the building while half of the units consist of standard overheard doors giving a future user or tenant more storage and cubic space. Five-Year tax abatement is available for purchasers as well for a total tax savings of $19,500 over the five-year period!

FOR SALE DETAILS

PRICE

$305,000 USD

PRICE/SF

$16 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dunn Industrial Condominiums

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

10

PARKING SPACES

8

LAND DETAILS

LAND ACRES

3.22

LAND SF

140,263

ZONING

LI

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jared HusmannThe KataLYST TeamMore Info
515-334-4900

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Jared HusmannThe KataLYST TeamMore Info
515-334-4900

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