615 S Monroe Ave - Warehouse FOR SALE


Mason City, IA 50401
$5,000,000 USD
641-425-1233
615 S Monroe Ave, Mason City, IA for Sale
$5,000,000 USD
Warehouse - FOR SALE
1/11
null | Request Cap Rate

NEW


615 S Monroe Ave
Mason City, IA 50401


HIGHLIGHTS

  • Zoned Industrial
  • Updated Interior and Floors

OVERVIEW

This is an excellent opportunity to acquire a former retail building that has been converted into a light industrial space. (Z-6R) The main level features 91,221 square feet, which has been nicely updated with modern lighting, epoxy flooring, updated fire suppression systems, and fire alarms. The building includes contemporary offices on the main level as well as additional office space on the 17,412 square foot second level. Total SF of 108,633. The space has a ceiling height of 25 feet to the deck and 13 feet 9 inches in the main floor area, though it could be adjusted if the production area does not require retail-sized HVAC systems. The property encompasses a large 10-acre site, with additional land available for purchase. It offers excellent access on and off the site, with frontage on South Monroe and HWY 122.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$46 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

UTILITIES

-

CLEAR CEILING HT

13.75 Ft

DOCKS

2

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10

LAND SF

435,600

ZONING

Z6

APN/PARCEL ID

07-09-409-02-500

ASK ABOUT THIS PROPERTY

Brett SchonemanSchoneman RealtorsMore Info
641-425-1233

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Brett SchonemanSchoneman RealtorsMore Info
641-425-1233

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.