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11,900 SF Commercial Warehouse Space - Indianola, IA

Warren County, IA
1.13 Acres M/L

1400 E Iowa Avenue
Indianola, IA 50125

Price $1,500,000
Listing #18727
Daran Becker

Land Agent

Daran Becker

Office: 515.222.1347
Mobile: 515.979.3498
Daran@PeoplesCompany.com

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Property Info

Description

Peoples Company is pleased to present this 11,900 sq ft warehouse situated on 1.13 acres M/L located in Indianola, Iowa. The property is zoned M2 General Industrial and built for efficiency and durability. The insulated building features twelve 12'x14' overhead doors, radiant overhead heat (80,000 BTU) separated into 2 units, 8-inch thick concrete floors with floor drains, and two bathrooms. The building has a flexible open layout currently divided into two spaces (90'x70' & 80'x70') and could be divided again, already having 4 separate electrical meters in place.  

Outside, features large paved parking areas in both the front and rear, plus a bulk storage containment area for extra utility. Ideal for a construction operation, warehouse space,  or as a strong investment opportunity in a growing industrial market. 

Legal Description

Parcel B of Parcel A of Lot 11, Indianola Industrial Park, Section 19, Township 76 North, Range 23 West of the 5th PM, Indianola, IA. Exact Legal descriptioin to be taken from Abstract.

Directions

From the intersection of Highway 65/69 and Highway 92 in Indianola: Head north on Highway 65/69 for 0.75 miles until reaching E Iowa Avenue. Turn right (east) and travel for 0.9 miles. The property will be located on your left. Look for the Peoples Company signs. 

Features

- 12 - 12'x14' overhead doors 
- Current building split is 80'x70' & 90'x70' for a total of 11,900 SQFT.
- 2 - 80,000 BTU overhead radiant heat units with one unit on each side. 
- 4 Electrical meters for additional subdivision if needed.
- 8-inch concrete floors  with heavy-duty center drains 
- 2 bathrooms
  • Sign On Property: Yes
  • Parcel Number: Part of 48380000115
  • General Area: East side of Indianola, IA
  • Net Taxes: $1.00
  • Water: City
  • Sewer: City
  • Building Type: Warehouse
  • Construction Type: Metal Frame
  • Zoning: M2 General Industrial
  • Year Built: 2016 - Addition in 2018

Additional Info

- This property is currently leased, but the tenant is moving out. Please contact the listing agent for more information. 

- This property has approval for a driveway off E Iowa Avenue. The property is currently accessible via an ingress-egress easement using the neighboring driveway to the west.

Interactive Map

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Photos

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