Property Type Business/Commercial
 Parcel # 215-0188.B
 County Iowa
 Sub Area J17
 Municipality Mineral Point
 MLS# 1960859
 Listing Date 07/25/2023
 Sold Price $425,000
 Close Date 03/20/2024 12:00 AM

MLS Public Remarks  Opportunity abounds with this industrial building including amazing living quarters and lots of space for creative use by owner or tenants. Upstairs features a spacious 3 bedroom, 2 bath apartment with a recently updated gourmet kitchen. You will love the 28' x 18' outdoor rooftop balcony with sun-sails - perfect for entertaining. Downstairs can be utilized by owner or leased to produce additional income as desired. It features coveted amenities such as 3-phase electrical supply, a spacious garage accommodating up to 6 vehicles, convenient loading docks, a compressor, and a generator. This is a one of kind opportunity and must be toured to appreciate the possibilities! Located in Historic District. Motivated Sellers.
Documents and Related Links  
1) LBP
2) RECR
3) GIS Map
4) Plat of Survey
5) Amendment to RECR
6) RECR Amendment (Not in Flood Plain)
7) Additional Property Info & Dimensions Clarificatio
* 2 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Mineral Point
  • C/T/V  City
  • Unit #  
  • Directions  Hwy 18/151 To Exit 40 Into Mineral Point. L On Commerce St, L On Hwy 23, 1st R On Water St.
  • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  4
  • Building Gross SqFt  14,936
  • Net Leasable SqFt  0
  • Year Built  1908
  • Source for Year Built  Slr
  • Approx Bldg Dimen  106x100
  • Street Frontage  0
  • Parking Fees/Mo.  $0
  • Onsite Parking  10
  • # of Stories  2
  • Ceiling Height Min  8
  • Ceiling Height Max  26
  • Number of Loading Docks  3

  • Zoning  C1
  • Est. Total Acres  1.3
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
  • ASSESSMENT & TAXES  
  • Land Assessment  $26,000
  • Assessment Year  2023
  • Net Taxes  $5,854
  • Tax Year  2023
  • Improvements  $200,500
  • Total Assessment  $226,500
  • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $0
  • Gross Operating Income  $0
  • Annual Operating Exp  $0
  • Net Operating Income  $0
  • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 2 Year 03/31/2024 No $9,600 $0 $0 0
    2 None 0/0/00 No $4,200 $0 $0 0
    3 None 0/0/00 No $3,000 $0 $0 0
    Items Included Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Water Softener, Disposal, Generator, Stained glass cross in garage, Sun sails on roof garden, Compressor
    Items Excluded  All other personal property of the sellers. Freezer
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air, Radiant, Zoned heating
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Slab/None
  • Fuel  Electric, Natural gas
  • Seating Capacity  
  • EXTERIOR FEATURES  
  • Type   Industrial, Other
  • Exterior Treatment  Brick
  • Building Parking  6-10 spaces, Paved
  • Roofing  Metal, Rubber/membrane, Tile/Concrete
  • Terms/Option  
  • Miscellaneous  
  • OTHER FEATURES  
  • Documents on File  Certified survey map, Lease(s), Property Condition Report
  • Location  Industrial park
  • Tenant Pays  Electric
  • Present Use  Living quarters, Manufacturing, Warehouse
  • Licenses  None
  • Lease Type  Annual
  • Occupied by  Owner, Tenant(s)
  • Sale Includes  Lease(s)
  • Features  3 phase electric, Compressor, Freight elevator, Inside storage, Loading dock(s)



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Potterton Rule Real Estate Llc