For Sale
$3,000,000

700 Prospect St Le Mars, IA 51031

Iowa Cold Storage Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 17,290-square-foot refrigerated/cold storage facility in Le Mars, Iowa, is offered at $3,000,000. Built in 1998, this single-story industrial building sits on a 165,963-square-foot lot and features three loading docks, ceiling heights ranging from 16 to 20 feet, and ample power and floor drains. The facility boasts both cooler and freezer space, including a 6,762-square-foot cooler/processing room with 16-foot ceilings and a 35-degree holding temperature. Additional cooler space offers 20-foot ceilings, and a separate freezer area (-5 degrees) with 20-foot ceilings encompasses 2,083 square feet and 224 pallet spaces. The facility's capacity easily exceeds 500 pallet positions. An interstitial ceiling provides convenient access to the fire sprinkler system and lighting. The ammonia refrigeration system ensures efficient temperature control. Currently leased to Wells Blue Bunny (Ferrero Group) until December 31, 2024, this property also includes an additional 1.5 acres for future expansion, parking, or equipment storage. The property is zoned commercial and has a Plymouth County APN of 12-20-227-022. This is a prime investment opportunity in a thriving Iowa market.

Property Details for 700 Prospect St

Property type
Refrigeration & cold storage, Industrial properties
Square Feet
17,290 SF
Year Built
1998
Stories
1

Location Insight

City
Le Mars
County
Plymouth
State
Iowa
Latitude
42.7757019
Longitude
-96.1776412

FAQs

What type of property is this?
Refrigeration & cold storage - Iowa Cold Storage Investment Opportunity
Where is the refrigeration & cold storage located?
The property is located at 700 Prospect St Le Mars, IA.
What is the asking price?
The asking price for this property is $3,000,000.
How can I contact the broker?
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700 Prospect St
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