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202 1st St S 135,000 SF Industrial Building Kalona, IA 52247 $5,199,000 ($38.51/SF)
Investment Highlights
- Substantial existing infrastructure for heavy manufacturing, fabrication, distribution, or specialized owner-user operations
- Significant power, crane capacity, loading functionality and specialized manufacturing infrastructure in place
- Three buildings on 19.25 acres
Executive Summary
Rare opportunity to acquire a 108,475 SF industrial manufacturing complex in Kalona, Iowa, offering substantial existing infrastructure for heavy manufacturing, fabrication, distribution, or specialized owner-user operations. Building #1 features ceiling heights ranging from approximately 15'3" to 20'3", sprinkler coverage, radiant heat, climate-controlled areas, a crane-equipped tool room, 480V 3-phase power, bus ducting, and capacitor banks supporting exceptional electrical efficiency, along with seven overhead doors and five dock doors. Building #2 consists of approximately 40,000 SF and features ceiling heights reaching approximately 35' with 25' sidewalls, 10-ton and 15-ton cranes, and a dedicated water cooling system, providing exceptional functionality for heavy manufacturing and fabrication users. Building #3 includes approximately 10,000 SF of cold storage and two additional dock doors, providing flexibility for storage and distribution operations. The property is served by two water meters and one gas meter and also includes an additional 8-acre parcel currently utilized as farmland, offering potential for future expansion, outside storage, or additional industrial use. With significant power, crane capacity, loading functionality, and specialized manufacturing infrastructure already in place, this property represents a unique industrial opportunity in Southeast Iowa.
Property Facts
| Price | $5,199,000 | Rentable Building Area | 135,000 SF |
| Price Per SF | $38.51 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 2000 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 7 |
| Building Class | B | No. Drive In / Grade-Level Doors | 7 |
| Lot Size | 19.25 AC | ||
| Zoning | I-1 | ||
| Price | $5,199,000 |
| Price Per SF | $38.51 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 19.25 AC |
| Rentable Building Area | 135,000 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Tenancy | Single |
| No. Dock-High Doors/Loading | 7 |
| No. Drive In / Grade-Level Doors | 7 |
| Zoning | I-1 |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 03-18-101-007 | Improvements Assessment | $1,400,900 |
| Land Assessment | $248,900 | Total Assessment | $1,649,800 |
Property Taxes
Parcel Number
03-18-101-007
Land Assessment
$248,900
Improvements Assessment
$1,400,900
Total Assessment
$1,649,800
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202 1st St S