$2,500,000

1300 Grove

Charles City IA, 50616

Description

Agricultural production complex with office, warehouse and distribution facilities formerly used for nursery stock production. The real estate is approximately 268 acres in size and near the community's largest manufacturers and industrial parks on the westerly edge of Charles City, Iowa. The parcel abuts IA Hwy 14 on the southern boundary and located near US HWY 27/The Avenue of The Saints-Hwy 14 interchange & overpass. The original two-story stone office building, constructed in 1906 and on the National Register, was used for professional office, sales and support staff. The office building offers approximately 6,700 square feet of space with private offices, conference rooms, bathrooms, break areas and storage rooms. The warehouse complex is 138,790 square feet in size and was constructed in 1977, 1990 and 1991. The warehouses are clear span structures with 20' sidewalls, precast and steel construction and corrugated steel roofs. The warehouses feature seven (7) 10' loading dock doors and 18', 16' and 14' at-grade drive in doors. A portion of the warehouses is built into a berm in order for the space to be naturally cooled while most of the warehouses feature refrigeration units formerly used to control interior temperature. There are two pole buildings as well as one shop building for a combined total of 11,622 square feet of additional storage, manufacturing and distribution space. The property's main complex also has greenhouse buildings with manifold connections which are not presently operational. Lying directly west of the office/warehouse/distribution complex are the former nursery stock production fields and their associated infrastructures, row crop fields, and approximately 37.5 acres of product staging & distribution areas with a crushed rock surface. USDA FSA reports 208.98 acres of cropland of which 144.35 acres is Cash Rent Farm Leased for the 2020 crop year. The property's zoning classification is M-1 Light Manufacturing and Urban Agriculture within the city limits of the City of Charles City and Agriculture zoning classification outside the city limits. Excellent, large parcel real estate offering multi-use opportunities in the business sectors of manufacturing, warehousing, distribution, agriculture and professional office.

Details

MLS#20200707
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1906
Days On Site137

Features

SQ Feet157,112
Story(s)2
ZoningM-1, UA, A
Loading Form
Loading Form

Area Information

StateIA
CountyFloyd
CityCharles City
Zip Code50616
AreaFloyd
Listing VS Median (in 50616)
Price:
$2,500,000
low | high
Med:
$99,900
100% of Average
SqFt:
157,112
low | high
Med:
1,870
100% of Average
$ / SqFt:
$16
low | high
Med:
$53
100% of Average
On Site:
137
low | high
Med:
429
31.934731934732% of Average
Listing Updated: 07/03/2020
Dean Stewart LogoMLS Number: 20200707
Listing Provided By:
Dean Stewart  of  Stewart Realty Company
Real Estate Links Our Domains