Building Details

Year built 1962

Roof type Other

Listing Agency: Rasmus Realty & Auction Show Phone

Listed By: Rusty Rasmus · License #S44870 Show Phone

Added: Mar 22 Changed: Sep 9 Last Checked: Sep 11 at 7:06PM

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MLS# 832195

Copyright © 2026 Northwest Iowa Regional Board of Realtors. 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 0.95-acre industrial property includes a historic grain elevator and feed mill complex with grain-handling systems, multiple storage components, and an on-site truck scale. A large flat-storage warehouse provides additional enclosed space for commodities, equipment, vehicles, or other warehouse operations. The property also includes a converted scale house with office space configured as a distillery and tasting room. Wood-crib construction, old-growth structural timber, and steel infrastructure contribute to the facility’s distinctive character, while forced-air heating is present. The building was constructed in 1962 and is offered as-is.

Industrial zoning supports the property’s existing warehouse and agricultural-storage character. The site may also accommodate continued grain-related operations or redevelopment subject to buyer verification of condition, environmental matters, materials, and permitted uses.

Key Highlights

• 0.95‑acre industrial property with historic grain elevator and feed mill improvements
• Grain‑handling systems, multiple storage components, and an on‑site truck scale
• Large flat‑storage warehouse for commodities, equipment, vehicles, or warehouse operations

Property Analytics

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Current Use

WDR Storage Facility Farmers Grain & Feed Feed Store Wych Dr Distilling ... Brewery & Distillery

Suggested Use

Top Pick Dental Office Real Estate Agency Skin Care Clinic HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store

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

383

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 51012, IA

6,592

Population

2,889

Households

2.3

Avg Household Size

46

Median Age

20%

College-Educated

93%

High-School Grad

147.7 sq mi

ZIP Area

45

Density / Sq Mi

$56,964

Median Household Income

$33,141

Median Earnings

$725

Median Rent

$127,900

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

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties What are key features of this property?

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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?

Warehouse - Industrial property with grain infrastructure, storage buildings, and a converted scale-house office and tasting room.

Where is this warehouse located?

The property is located at 314 S 5TH ST Cherokee, IA.

What is the asking price?

The asking price for this property is $290,000.

What are key features of this property?

This property features: 0.95‑acre industrial property with historic grain elevator and feed mill improvements; Grain‑handling systems, multiple storage components, and an on‑site truck scale; Large flat‑storage warehouse for commodities, equipment, vehicles, or warehouse operations