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31481 220th Street

Shell Rock, IA 50670
  • $1,399,000
  • STATUS: Active
  • ON SITE: 166 Days
  • MLS #: 20240317
UPDATED: 165 min ago
$1,399,000
  • 0
    BEDS
  • 5.63
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Rare opportunity to acquire long time successful storage facility. 2023 Gross income of $113,019. Huge opportunity for value add with plenty of land to build more storage. House is currently occupied by owner. Owner will vacate property upon sale and house is a great opportunity for rental property to add significant income. Call Brian for rent rolls and pro forma.

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Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2024-07-17T18:41:44.023 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
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31481 220th Street Shell Rock, IA 50670

  • Price: $1,399,000
  • Status: Active
  • On Site: 166 Days
  • Updated: 165 min ago
  • MLS #: 20240317
0
Beds
0
Baths
0
½ Baths
5.63
Acres
Neighborhood:
Outside The Metro Area
County:
Butler
Area:
Outside The Metro Area
Property Description
Rare opportunity to acquire long time successful storage facility. 2023 Gross income of $113,019. Huge opportunity for value add with plenty of land to build more storage. House is currently occupied by owner. Owner will vacate property upon sale and house is a great opportunity for rental property to add significant income. Call Brian for rent rolls and pro forma.
Exterior Features

Frontage Type Paved 2Lane

Interior Features

Building Area Total 24000 Total Available Square Footage 24000 Warehouse Square Footage 24000

Property Features

Agent Owned YN No Available Office Square Footage 0 Available Retail Square Footage 0 Building Location Rural Co Op Compensation Dollars 2.5 Common Area Yes Existing Lease Type None Expense History Projected For Lease YN No For Sale Rent For Sale For Sale YN Yes Gross Income 163063 Investment YN Yes Lease Per Month 0 Multi Tenant YN Yes Net Operating Income 111604 Number Dock Doors 0 Number Drive In Doors 0 Number Rail Doors 0 Operating Expense 51459 Property Sub Type Industrial Sewer Septic Tank Special Listing Conditions Investment Sale Sprinkler YN No Tax Annual Amount 9293 Tax Year 2023 Tiered Sliding No Zoning R



Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2024-07-17T18:41:44.023 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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Vine Valley Real Estate
808 E. 18th St.
Cedar Falls IA, 50613