1131 Buchanan StWashington, IA 52353

For Sale
$375,000

Award-winning industrial building with rental income.

Overview

Added:
Feb 3
Days on market:
37
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.

Property Details for 1131 Buchanan St

Property type
Industrial properties, Other industrial properties
Year Built
2018
Lot Size (sq. ft)
39,204 SF

Location Insight

City
Washington
County
Washington
State
Iowa
Latitude
41.28386
Longitude
-91.71091
1131 Buchanan St, Washington, Iowa

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1131 Buchanan St
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