620 3rd Street S Coggon IA, MLS 2408305

620 3rd Street S, Coggon, IA 52218

MLS Number: 2408305 | Subtype: Commercial | Area: OT-E (East of I-380)

$ 6.00 /SF

$ 399,000

Rare listing with a 12,000 SF whs and 8 storage units(10'x20' each) with 8' garage doors, accessible off 3rd St S. Currently, 5 units are rented month-to-month at $65/mo with potential for higher rents. Recent updates include new electrical wiring, shop lighting, & a 1,000sf office buildout with mini-split HVAC (2 offices, storage area). A new waterline was installed for 2 bathrooms, along with ornamental iron fencing and a chain-link yard enclosure. The metal roof has a 15-year warranty (installed 2022). The shop, with full insulation, has a partition wall and garage doors for multitenant use. Additional land west of the building offers space for outdoor storage, parking, or another structure. The shop includes 2-12' OH doors on each side (north/south). Owner willing to install heating in the building upon signing a lease, ensuring the space meets your business needs. This upgrade will be completed as part of lease terms.

Property

County: Linn
Lot Size: 2.91 Ac
Acres: 2.9100

Year Built: 1992
Zoning: C-1
Gross tax: $5,082.00

Building

Total Building SF: 12,000
Ceiling Height: 11ft-14ft, 15ft-20ft

Utilities

Utilities: Electricity Available
Water Source: City Water
Sewer: City Sewer

Lease Terms

Lease Type: Gross
Lease Price per SF: $6.00

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620 3rd Street S, Coggon, IA 52218

Property

Building

Utilities

Lease Terms

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