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1106 N 10th St 13,732 SF Flex Building Winterset, IA 50273 $995,000 ($72.46/SF)



Investment Highlights
- Located along State Highway 92 with daily traffic of 5,700 vehicles
- The building also features a loading dock, which very few commercial buildings have in the area.
- Large 2.5 acres m/l, 13,732 sqft footprint includes a 12,000 sqft showroom space, office, bathrooms, storage space, and cold storage space.
Executive Summary
FOR SALE OR FOR LEASE. SALE PRICE: $995,000 ($72 per sqft). LEASE PRICE: $5,000/month ($4.36 per sqft per year), NNN lease preferred. Please see the marketing flyer for more property details. Excellent opportunity to buy or lease a highly visible commercial building in the wonderful community of Winterset. Located along State Highway 92 with daily traffic of 5,700 vehicles. Large 2.5 acres m/l, 13,732 sqft footprint includes a 12,000 sqft showroom, office, bathrooms, storage space, and cold storage space. The building also features a loading dock, which very few commercial buildings have in the area. The building itself is solid with a steel frame, newer roof, concrete floor, and siding. Large parking lot space as well. Solid investment opportunity in a strong & proud community. Winterset is located at the intersection of US Hwy 169 and Iowa Hwy 92. I-80 and I-35 are located within 18 minutes. West Des Moines is located within 30 minutes. The current owner has performed the following improvements: New roof seal, New HVAC, New interior ceiling, New walls in north section of building, New overhead doors, New windows. Performed/passed a Phase 1 environmental study. Supplies on-site for finishing the interior ceiling. 400amp, 3 phase power. The State of Iowa owns additional land closer to Highway 92 and it may be possible for a buyer to acquire it. The current sign on the building is larger than what current city code allows for. If a tenant or owner wished, they could continue to use the existing sign (grandfathered in). Please see attached laborshed study. Showings by appointment only. Please call Jeff at 319-430-5523 to schedule a time.
Property Facts Under Contract
| Price | $995,000 | No. Stories | 1 |
| Price Per SF | $72.46 | Year Built | 1978 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Flex | No. Dock-High Doors/Loading | 1 |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 2.50 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 13,732 SF | ||
| Zoning | Commercial | ||
| Price | $995,000 |
| Price Per SF | $72.46 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 2.50 AC |
| Rentable Building Area | 13,732 SF |
| No. Stories | 1 |
| Year Built | 1978 |
| Tenancy | Single |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | Commercial |
Property Taxes
| Parcel Number | 821-00-50-01060000 | Improvements Assessment | $174,600 |
| Land Assessment | $143,000 | Total Assessment | $317,600 |
Property Taxes
Parcel Number
821-00-50-01060000
Land Assessment
$143,000
Improvements Assessment
$174,600
Total Assessment
$317,600
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1106 N 10th St
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