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Industrial Property with Cold Storage
For Sale
$850,000

501 E Cedar St, Mechanicsville, IA 52306

CommercialSale, Mechanicsville, IA

Property SizeContact for details
Lot Size1.62 Acres
Days on Market155

Property Features for 501 E Cedar St

General Information

Property type Commercial Sale
Property subtype Other
Zoning Com
Directions Hwy 13 to E Cedar
Subdivision OutOfArea
Standard status Active
APN 044001242360010
Lot size 1.62 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 11658

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1946
Flooring type Concrete
Roof type Metal
Listing Agency: RE/MAX Concepts · RE/MAX International
Listed By: Alicia Porter · License #S57287000
Added: Mar 23 Changed: Aug 19 Last Checked: Aug 24 at 5:06AM
MLS# 202601903

Copyright © 2026 Iowa City Area Association 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 commercial industrial property features two well-maintained buildings on a 1.62-acre site. Building 1 was constructed in 1946 and includes 11,360 square feet with multiple overhead doors, office space, a workshop, and a display area. Building 2 was built in 2019 and provides 13,860 square feet of cold storage, adding flexibility for storage and distribution needs.

The site also includes 0.86 acres of fenced outdoor storage located just west of the buildings, suited for larger equipment or fleet parking. The property offers ample on-site parking and easy access for day-to-day operations.

Overall, the layout supports an owner-user or investor looking for a move-in ready commercial site with both indoor improvements and dedicated outdoor storage space.

Key Highlights

  • Dual‑building commercial property with 11,360 sq. ft. (built 1946) plus 13,860 sq. ft. (built 2019) cold storage
  • Building 1 includes multiple overhead doors, office space, workshop area, and a display area
  • Building 2 provides 13,860 sq. ft. of cold storage built in 2019

Property Analytics

Current Use

Zippy's Salt Barn ... Distribution Center

Suggested Use

Top Pick HVAC Service Building Supply Auto Parts Store Grocery & Convenience Store Storage Facility (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.

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

94
Businesses Nearby
Well-served
Demand for This Use

Demographics for 52306, IA

1,653
Population
650
Households
2.5
Avg Household Size
44
Median Age
15%
College-Educated
95%
High-School Grad
75.2 sq mi
ZIP Area
22
Density / Sq Mi
$61,736
Median Household Income
$44,306
Median Earnings
$594
Median Rent
$159,700
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Two buildings offer office, workshop space, and cold storage plus fenced outdoor storage and ample parking.
Where is this flex space located?
The property is located at 501 E Cedar St Mechanicsville, IA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Dual‑building commercial property with 11,360 sq. ft. (built 1946) plus 13,860 sq. ft. (built 2019) cold storage; Building 1 includes multiple overhead doors, office space, workshop area, and a display area; Building 2 provides 13,860 sq. ft. of cold storage built in 2019
More about this property
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