Scan with Smart

Phone Camera

Income Opportunity - Commercial Building & Land W/existing Lease

United States /Iowa, 21793 HWY 92 E, 52591, 2.56

Listing ID :

64897321

MLS ID :

11325740

Acres :

2.56 Acres
$350,000

View Agent's Properties and Profile:

Stacy Flynn

MyStateMLS Disclaimer: Copyright INCOME OPPORTUNITY - Commercial Building & Land w/Existing Lease.

All rights reserved. Information is deemed reliable but not guaranteed.

Contact Seller

Property Description

Located on HWY 92 near the HWY 149 intersection, just east of Sigourney, IA, this rare commercial property offers excellent exposure to steady traffic. Situated in Keokuk County, with a population of 9,904 (Sigourney population: 1,986*), this property presents a fantastic opportunity for investors or business owners looking for expansion potential. The sale includes two parcels of land, combining for a total of 2.56 acres, offering ample space for future development. One parcel features a 28x42 commercial building equipped with two overhead garage doors, an office area, a restroom, and a shop space. The property also comes with an existing lease agreement, with the current tenant under contract until 2/28/27, ensuring a steady rental income stream. The owner is responsible for snow removal and lawn maintenance. With its prime location and potential for expansion, this is an excellent opportunity to own a commercial property with room to grow and increase income. Contact the listing agent for more details on lease agreement terms and expansion opportunities. *US Census Bureau, 2022.

Basic Details

Property Types:

Land

Listing Type:

For Sale

Listing ID:

64897321

Price:

$350,000

Acres:

2.56 Acres

Address Map

Country:

United States

State:

Iowa

County:

City:

Sigourney

Latitude:

41.337355

Longitude:

-92.185706

Street Address:

21793 HWY 92 E