301 Spruce St Monona, IA 52159-8035

This exceptional industrial property, located at 301 W Spruce Street in Monona, Iowa, presents a significant investment opportunity. The 50,458-square-foot building sits on a 5.18-acre lot (two parcels) and offers a versatile space suitable for distribution or manufacturing operations. The property features approximately 48,254 square feet of warehouse/manufacturing space and an additional 2,204 square feet of finished office space, complete with heating and air conditioning. Built between 1969 and 1988, the building boasts four loading docks and a freight elevator, enhancing operational efficiency. Ceiling heights range from 10 to 20 feet, providing ample vertical space for various uses. The property is offered at $756,870, with a price per square foot of $15. The lease type is NNN, and the property is currently vacant, making it ideal for immediate occupancy. The property's location in Clayton County, Iowa, zip code 52159, offers convenient access to transportation routes. This well-maintained facility presents a rare opportunity to acquire a substantial industrial property in a desirable location. The asking price reflects the property's size, features, and prime location.