1131 Buchanan St Washington, IA 52353

Property Details for 1131 Buchanan St

Year built

2018

Construction

FRAME

Lot size

0.90 lot acres

Property size

6,000 SF

Property type

Warehouses

APN

11-19-301-002

APU

1119301002

Description

This exceptional commercial property located at 1131 W Buchanan in Washington, IA, presents a unique investment opportunity. The 0.9-acre lot houses a remarkable industrial building, recognized as Building of the Year by Metal Magazine. The property boasts five spacious garage bays, ideal for various commercial uses, along with four separate rental units, all currently occupied by tenants. This provides immediate and consistent rental income. Each of the four rental units is equipped with its own heating system, 100-amp electrical service, 220-volt hookups for power tools or equipment, ceiling fans for comfort, a private bathroom, and a dedicated private entrance. The building's prestigious award underscores its high-quality construction and desirable features. The combination of the industrial bays and the income-generating rental units makes this property a versatile and financially attractive investment. The current tenant occupancy ensures a steady stream of revenue from day one. This is a rare opportunity to acquire a well-maintained, award-winning property in a desirable location with proven rental income. The property's size and features make it suitable for a variety of commercial ventures, offering significant potential for future growth and profitability. Serious inquiries are encouraged. The asking price is $375,000.

Location Insight

City

Washington

County

Washington

State

Iowa

Longitude

-91.7109

Latitude

41.2839

CBSA code

26980

CBSA name

IOWA CITY, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments