1501 21St St Eldora, IA 50627

This exceptional value-add investment opportunity presents five industrial buildings totaling 63,544 square feet situated on a 5-acre lot in Eldora, Iowa. Located within the Eldora Industrial Park at 1501 21st St, zip code 50627, this property boasts a flexible layout suitable for manufacturing or warehousing operations. Built in 1966, the single-story structures feature multiple overhead and dock doors, facilitating efficient loading and unloading. The property benefits from a robust infrastructure including a three-phase power supply and an existing overhead crane system. The permitted zoning is M1. The asking price is $530,000, translating to $8.34 per square foot. This property is subject to the approval of the US District Court for the Southern District of Florida. Note that an adjacent property at 1702 21st St, Eldora, offering additional office space and over 50,000 square feet, may be available for purchase as well. This presents a unique chance to acquire a significant industrial footprint in a strategic location. The steel metal frame construction ensures durability and longevity.