Adam Edstrom
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Excellent opportunity just south of Albia, located outside city limits with paved road frontage and approximately 180 feet off Highway 5. This 58' x 104' x 16' steel building was constructed in 2021 and sits on 1.21 acres, offering strong access and flexibility for a variety of commercial uses. The building totals 6,032 square feet under roof and includes 1,392 square feet (24' x 58') of finished living or office space featuring a kitchen, living area, bathroom, and one bedroom or private office. The remaining 4,640 square feet consists of insulated shop space with full concrete floors, electric heat, 16-foot sidewalls, and two large overhead doors providing excellent access and clearance. The gravel lot allows for additional parking, equipment storage, or expansion. With its recent construction, location near Highway 5, and versatile layout, this property is well suited for automotive repair, dealership operations, contractor headquarters, equipment storage, or general commercial use. Property is located just outside Albia city limits.
Property Highlights
Property Type: Commercial - Investment
Year Built: 2022
General Information
County: Monroe
Listed By:
Hawkeye Farm Mgmt & Real Estat
641-932-7796
No Coast MLS
MLS ID: 6335657
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2062 653rd Avenue, Albia, IA 52531.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $575,000 | $575,000 | $575,000 |
| Down Payment | $115,000 | $20,125 | $143,750 |
| Monthly Mortgage Amount | $2,684 | $3,295 | $3,495 |
| Taxes | $800 | $800 | $800 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $253 | $0 |
| Monthly Estimated Total | $3,652 | $4,516 | $4,463 |
Adam Edstrom
REALTOR®
Cell: (563) 210-6814
Licensed in IA & IL
DeWitt Office
903 Sixth Avenue
DeWitt, IA 52742
(563) 659-9433
DeWitt, IA 52742
(563) 659-9433
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Listings courtesy of No Coast MLS as distributed by MLS GRID.
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