Description

The KataLYST Team by KW Commercial is pleased to market exclusively for sale or for lease these industrial condominium units. Consisting of 18 ft clear heights, 16 ft overhead doors, 32.5 ft wide by 60 ft depth with a 200-Amp electrical service and stubbed out for bathroom installation, these units can be purchased or leased as individual units or as a package.

Outdoor storage is available with four parking spaces per unit and half of the units consist of drive-through access with overhead doors on the North and South portion of the building while half of the units consist of standard overheard doors giving a future user or tenant more storage and cubic space.

Five-Year tax abatement is available for purchasers as well for a total tax savings of $19,500 over the five-year period!

Details

Address: 1160 Madison Street
City & State: Prairie City, IA
Current Price: $2,799,000
Lot Size: 3.20 Acres
Cap Rate: 7.87%

Property Highlights

• 5-Year Tax Abatement Available for $19,500 of Savings!
• Four Outdoor Storage Spaces Available per Unit!
• 18 Ft Clearance with 16 Ft. Overhead Doors in each Unit!
• Ability to Choose Between Drive-Through Access OR Drive-in Access!
• Divisible by 1,950 Sq. Ft and Up to 10-Spaces Available!