Investment opportunity with reliable Cap rate of 6.3 with possibility for improvement. Plenty of room left on this 8.5 acre property to build additional buildings for lease or personal use. Many Updates including a new Rubber membrane on roof, HVAC and Plumbing with-in the last 3 years. 3 exterior Loading docks plus 1 drive in loading bay, 4 bathrooms, 2 offices, break room, reception area, conference room, drive in loading dock, High Voltage electric hook-ups. The interior has many updates throughout. Major addition was built in 1997.
MLS# | 20206211 |
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Listing Type | For Sale |
Style | Industrial |
Sub-Type | Resale |
Status | Active |
Year | 1997 |
Days On Site | 65 |
SQ Feet | 3,350 |
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Story(s) | 1 |
Zoning | M2 |
Area Information | |
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State | IA |
County | Buchanan |
City | Independence |
Zip Code | 50644 |
Area | Buchanan |
Listing VS Median (in 50644) | |
Price: $975,000 low | high Med: $129,400 SqFt: 3,350 low | high Med: 2,985 $ / SqFt: $291 low | high Med: $86 On Site: 65 low | high Med: 254.5 Sourced by Back At You |