300 Chestnut StElliott, IA 51532

Property Details for 300 Chestnut St

Lot size

1.88 AC

Property size (Sq ft)

1,800 SF

Property type

Mixed-use properties

Description

This exceptional 1.88-acre mixed-use property at 300 Chestnut Street in Elliott, Iowa, presents a compelling investment opportunity. The property boasts a rich history, originally serving as the town's grain elevator. Now, it offers a unique blend of income-generating assets. Five grain bins provide substantial private grain storage capacity, totaling 285,000 bushels. This established storage operation offers immediate income potential and strong future prospects within the agricultural sector. Complementing the grain storage is a separate metal building currently leased to a thriving salon business. This adds a diversified revenue stream and demonstrates the property's versatility. The 1,800 square foot metal building is subject to existing tenant rights, requiring 24-hour notice for showings. This ensures the current tenant's business operations are not disrupted. The property's location in Elliott, Iowa, offers access to a strong agricultural market and provides a solid foundation for continued growth and profitability. This is a rare opportunity to acquire a well-established, income-producing property with significant potential for future expansion and development. The combination of established grain storage and a successful salon business makes this a truly unique and attractive investment. Serious inquiries are encouraged.

Location Insight

City

Elliott

County

Montgomery

State

Iowa

Latitude

41.149

Longitude

-95.1613

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