901 E South St - Light Manufacturing FOR SALE


Tipton, IA 52772
$999,000 USD
319-310-5522
901 E South St, Tipton, IA for Sale
$999,000 USD
Light Manufacturing - FOR SALE
1/16
null | Request Cap Rate

901 E South St
Tipton, IA 52772


HIGHLIGHTS

  • This property consists of two large structures, ideal for your business, warehouse, or storage needs.
  • The larger All Steel building is 100' x 100' and the recently completed and brand new second building is 90' x 50'.
  • The larger building is in year two of a three-year lease at $4800 monthly.

OVERVIEW

This property consists of two large structures, ideal for your business, warehouse, or storage needs. Situated on shy of 3 acres, many options exist for employee parking, loading/unloading, and storage. The larger All Steel building is 100' x 100' and the recently completed and brand new second building is 90' x 50'. Both buildings are heated, have multiple 30' x 14' power lift hydraulic doors, heated offices, bathrooms and so much more. The larger building has a filtration fan, a two-foot cement wall, and 3' cement pilings every 20 ft, that are 30' deep. Sidewalls are 20' plus a 2' cement knee wall. The newer building has two floor drains, a loft for offices, storage, a kitchen, and bath, or whatever your company or personal needs are for the property. Located on a very accessible road with room for semis to turn around, this is one you will want to consider for your expanding company or start-up operations. The larger building is in year two of a three-year lease at $4800 monthly. Big buyer bonus: there are no taxes due for three years on the new building! Call for more details and to arrange a personal walk-through and tour!

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$739 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

ADD'L SUBTYPES

Distribution, Manufacturing, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.48

LAND SF

108,029

ZONING

-

APN/PARCEL ID

0480-11-06-300-036-0

ASK ABOUT THIS PROPERTY

Julie DancerLepic-Kroeger, RealtorsMore Info
319-310-5522

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Julie DancerLepic-Kroeger, RealtorsMore Info
319-310-5522

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