Contact us: 563.441.1776
Description
Versatile 60x200 shop with finished living quarters 4 miles north of Albia, Iowa, only 1/8 mile off Hwy 137 offering rare opportunity and income potential. Built in 2021, it is spray foam insulated, heated, and full concrete with 18-ft sidewalls and five automatic overhead doors?two 20x16 and three 14x16?making it ideal for equipment, vehicles, or commercial use. The main level provides approx. 1,400 sq ft of finished space including an office/kitchen, bathroom, storage, and a concrete safe room. The east half of the shop is currently leased at $1,800/month, offering immediate rental income. Upstairs, the 1,600 sq ft one-bedroom living quarters feature a spacious kitchen with a 4x8 insulated window that opens onto a future deck (18-ft header in place), creating a modern layout suitable for full-time living or weekend use. Combined with the office/storage, there is over 3,000 sq ft of finished interior space in addition to the main shop. With its rural setting, excellent access, secure safe room, rental income, and the ability to serve as farm headquarters, business base, or unique live/work setup, this property delivers a rare combination of function and opportunity.
Property Highlights
Property Type: Commercial - Business
Year Built: 2021
Lot Size: 1.24 acres
General Information
County: Monroe
Listed By:
Hawkeye Farm Mgmt & Real Estat
641-932-7796
No Coast MLS
MLS ID: 6332222
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6547 157th Trail, Albia, IA 52531.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $420,000 | $420,000 | $420,000 |
| Down Payment | $84,000 | $14,700 | $105,000 |
| Monthly Mortgage Amount | $2,069 | $2,539 | $2,595 |
| Taxes | $585 | $585 | $585 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $185 | $0 |
| Monthly Estimated Total | $2,775 | $3,430 | $3,301 |
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.” Displays of minimal information (e.g. “thumbnails”, text messages, “tweets,” etc., of two hundred (200) characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. For audio delivery of listing content, all required disclosures must be subsequently delivered electronically to the registered consumer performing the property search or linked to through the devices application.
Listings courtesy of No Coast MLS as distributed by MLS GRID.
DMCA Notice:
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Privacy Policy / DMCA Notice / ADA Accessibility
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