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Grain Storage Warehouse Property
For Sale
$295,000

300 Chestnut Street, Elliott, IA 51532

Commercial Sale, Elliott, IA

Property SizeContact for details
Lot Size1.88 Acres
Days on Market867

Property Features for 300 Chestnut Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Agriculture
Directions From Hwy 48, take Chestnut Street North to Main Street. Property is on the Southeast corner of the intersection of Chestnut Street and Main Street.
Standard status Active
APN 780201412048000
Lot size 1.88 Acres

Taxes and HOA fees

Tax Year 2022
Tax Description SE SEC PART OF THE FORMER CB & N RR ROW 308.5 X 160, Section 1, Township 73, Range 38 in Elliott, Iowa
Tax Annual Amount 2148
Legal Description SE SEC PART OF THE FORMER CB & N RR ROW 308.5 X 160, Section 1, Township 73, Range 38 in Elliott, Iowa

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1984
Number of units 1
Flooring type Concrete
Building materials Metal Siding
Roof type Metal
Architectural style Other
Listing Agency: Rubey Realty · Windermere Real Estate
Listed By: Audie Rainey · License #B61131000
Added: Apr 16, 2024 Changed: Aug 19 Last Checked: Aug 30 at 10:06AM
MLS# 6316445

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This warehouse property includes five grain bins with combined storage capacity of 285,000 bushels, supporting private grain storage operations. A separate 30-by-60-foot metal building is leased for salon use. The improvements date to 1984 and include metal siding, a metal roof, concrete flooring, forced-air heating, central air, and public water service.

The 1.88-acre property is located at 300 Chestnut Street in Elliott, Iowa, within Montgomery County. Agricultural zoning applies to the site. Showings of the metal building require 24 hours’ notice because of existing tenant rights.

Key Highlights

  • Five grain bins with total capacity of 285,000 bushels
  • 30'x60' metal building leased for salon use
  • 1.88‑acre property at 300 Chestnut Street, Elliott, IA 51532

Property Analytics

Current Use

Three D Farms Food Processing Plant

Suggested Use

Top Pick Plumbing Service Auto Repair Shop Auto Parts Store Kitchen & Bath Showroom Hair Salon Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

30
Businesses Nearby
Well-served
Demand for This Use

Demographics for 51532, IA

604
Population
327
Households
1.8
Avg Household Size
44
Median Age
15%
College-Educated
96%
High-School Grad
59.7 sq mi
ZIP Area
10
Density / Sq Mi
$67,174
Median Household Income
$46,027
Median Earnings
$800
Median Rent
$91,400
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Agricultural-zoned warehouse property combines private grain storage with an additional leased commercial space.
Where is this warehouse located?
The property is located at 300 Chestnut Street Elliott, IA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Five grain bins with total capacity of 285,000 bushels; 30'x60' metal building leased for salon use; 1.88‑acre property at 300 Chestnut Street, Elliott, IA 51532
More about this property
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