Property ID : 24068800
SOLD! $1,200,000 - Commercial Properties
Industrial/Commercial Property, Eastern Iowa
Industrial/Commercial Property, Eastern Iowa. 26.12 taxable acres, 37,368 sq ft storage warehouse, 3,732 sq ft office, 2,520 sq ft heated shop. This property is accessed from U.S. Highway 218 and located on the north side of Vinton, Iowa. The two larger buildings, 15,000 and 18,000 sq ft., are separated only by a common wall and have large door connecting the two. There is a 3,300 sq ft loading bay with two semi docks and ground delivery service door. The heated shop also has cement floor. The office area consists of two restrooms, five offices, reception area and a lounge area. Of the 26.12 taxable acres, 12.5 are currently leased for row crop production. That lease has been terminated effective 3/1/22.
In the summer of 2021, over 33,000 sq ft of building space, along with grain leg, elevator and about 12 grain bins were removed. As a result, the assessment will go from $1,623,900 to $679,300 according to the Benton County Assessor.