Property summary
This exceptional 4,140 square foot mixed-use building, constructed in 2017, presents a unique investment opportunity in Orange City, Iowa. Located at 609 15th St SE, this property boasts a spacious main bay (53x59 feet) featuring 16-foot sidewalls, two 12x14 overhead doors, floor drains, workbenches, and LED lighting. The insulated walls between the main bay and other areas enhance efficiency. A well-appointed office (24x13 feet) includes a PTAC unit for climate control and recessed lighting. A convenient 8x10 bathroom features an onyx sink, ventilation, and cabinets. Upstairs, a 38x14-foot loft provides ample shelving and storage. A 30x30-foot race room offers additional space, accessible via an 8x8 overhead door from the main bay and a 9x8 overhead door to the exterior. The property includes workbenches (20' and 12'), a parts washer, and kitchen appliances/cabinets. Ample parking is available. The building features an Energy Panel Structure (EPS) with a glassboard finish. Asking price is $699,000, translating to $168.84 per square foot. This property is ideal for a variety of uses and represents a strong value in a desirable location. Some items are negotiable.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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