For Sale
$750,000

1850 Commercial Dr Walford, IA 52351

Income-producing industrial property near Cedar Rapids.

Overview

Added:
Feb 3
Days on market:
78
This exceptional investment opportunity encompasses a prime 1.16-acre industrial property located at 1850 Commercial Drive, Walford, IA, just minutes from Cedar Rapids. The property boasts two buildings offering a versatile mix of uses ideal for owner-occupancy or investment. Building #1, totaling 5,704 square feet, comprises 4,864 square feet of heated shop space, perfect for various industrial operations. Four overhead doors (two 16' x 16' and two 14' x 14') provide ample access for equipment and materials. Additionally, this building includes retail/showroom space and a 840-square-foot mezzanine level featuring a breakroom, kitchenette, restroom, and extra office and storage areas. Building #2, a substantial 9,608 square feet, houses 20 self-storage units, each equipped with either 12' x 14' or 9' x 7' overhead doors. Many of the larger units include convenient exterior outlets. The entire property is securely enclosed by a fence and gate. The property offers a significant income stream from the self-storage units (rent roll available upon request). The possession date is flexible and negotiable. This property presents a rare opportunity to acquire a well-maintained, income-generating industrial complex in a desirable location. Don't miss out on this chance to own a versatile and profitable asset.

Property Details for 1850 Commercial Dr

Property type
Commercial real estate
Year Built
2009
Lot Size (sq. ft)
50,530 SF

Location Insight

City
Walford
County
Linn
State
Iowa
Latitude
41.89053
Longitude
-91.82504

FAQs

What type of property is this?
Commercial real estate - Income-producing industrial property near Cedar Rapids.
Where is the commercial real estate located?
The property is located at 1850 Commercial Dr Walford, IA.
What is the asking price?
The asking price for this property is $750,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1850 Commercial Dr
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