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1801 Grove Avenue Corning, IA 50841 Commercial - Investment

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Description

Prime Commercial Property off Hwy 148 ? 1801 Grove Ave, Corning, IA Positioned on over 4 acres of land right off Highway 148 at the edge of Corning, this highly sought-after commercial property offers unmatched visibility, functionality, and infrastructure for a wide variety of businesses. This site features over 10,000+ square feet of versatile space, with both finished office and industrial/shop facilities. The property boasts geothermal HVAC, in-floor radiant heating throughout the main shop, outdoor wash bay with drain, and extensive concrete parking with drive-through space on a paved & graveled lot. Main Office Building (~2,500 sq ft): ? Three private offices ? Large executive conference room with kitchenette/break area ? Two separate restrooms ? Fully encased concrete fireproof vault room ? Central heating/cooling ? Brick-accented façade with professional curb appeal Main Shop (~4,000 sq ft): ? Heated with in-floor radiant system ? Oversized power overhead doors (12' x14') for large equipment access ? Steel frame construction with reinforced concrete flooring ? Metal-lined interior and insulated structure ? Industrial-grade electrical service and lighting Workman's Shop Addition (~4,400 sq ft): ? Additional office space, meeting room, restroom ? Heated workshop bay ? Large cold storage area Additional Features: ? Total site size: 4.1 acres +/- ? Reinforced concrete and additional graveled rear lot ? Geothermal system EXCLUDED: Communications Tower

Property Highlights

Property Type: Commercial - Investment
Year Built: 2000
Lot Size: 4.10 acres

General Information

County: Adams
Subdivision: CLARKS ADD
Listed By:
Liberty Realty 712-796-1900
No Coast MLS
$599,000
Est. $3,921/mo
Active
SQUARE FEET10,900 MLS#6328453
STATUS PROPERTY TYPECommercial - Investment SUBDIVISIONCLARKS ADD

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1801 Grove Avenue, Corning, IA 50841.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $599,000$599,000$599,000
Down Payment $119,800$20,965$149,750
Monthly Mortgage Amount $2,912$3,526$3,701
Taxes $834$834$834
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$263$0
Monthly Estimated Total $3,921$4,798$4,710

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