This charming two-story building of 4,992 square feet is in the heart of downtown Kalona. It features soaring decorative ceilings, an upper level, once used as a dance hall, with gorgeous wood floors and tons of architectural details throughout. Both floors are being utilized as an antique/consignment store with several unique and eclectic collections for sale by numerous vendors. A buyer can take the building in two ways. First, it can be delivered vacant, provided vendors are given 60 days’ notice. A second option, at no additional cost, is to continue operating the business and keep the 30 existing vendors that pay a total of $3,200 per month in booth rental. The owner currently manages the business. The business brings in $38,000 per year from fixed rent from vendors, taxes are $3,836 per year and expenses are estimated to be $9,048 (including insurance and utilities). The NOI would be $25,516 with this scenario. In the past a portion of the upper floor was configured as a studio apartment with its own exterior entrance. This could be done again allowing the new owner to have a perfect work/live situation.

Gently rolling, potential walk out lot within city limits. Recently surveyed at just under 1/2 acre. Private driveway off of 6th St will need to be located at far northern end of lot. Sewer available. Buyer shall be responsible for investigating city water hook up. Text agent to notify of showing times.

This modern facility boasts a state-of-the-art office, warehouse, and manufacturing building spanning a total of 42,916 square feet. The office and employee service area comprise 10,000 square feet, while an additional mezzanine office area of 5,900 square feet is located within the warehouse. The office spaces feature a generous ceiling height of 12 feet, while the warehouse/manufacturing area offers a clear height of 24 feet. Situated on a 3.41-acre plot of land, the property is zoned as M-2 for heavy industrial use and offers ample parking with approximately 152 spaces on the fully paved lot. The building is fully air-conditioned, providing a comfortable working environment, and has a robust cooling capacity of 198.5 tons of air conditioning. The power supply includes 208 volts and 3-phase electricity with a capacity of 2000 amperes, along with an auxiliary generator generating 850 amperes of power. For convenient loading and unloading, the property features four truck docks, two 2-foot docks and two 4-foot docks equipped with levelers, a UPS overhead door sally port door, and three additional overhead doors. In addition, the building is equipped with a cardboard compactor, a trash compactor, and even provides a secure bunker/storm shelter space. If needed, there is a 4,600 square foot ISO class 7 clean room available. Detailed specifications of the building can be found in a separate spec sheet. The owner will sell the building and lease it back for a period of 18 months at a mutually agreed-upon lease rate. Located on 1st St / US Hwy #1, the facility benefits from a high traffic location, with a daily count of 6,200 cars on the north/south route and 3,720 cars per day on HWY #22, east/west. Kalona is conveniently situated just 7 miles west of Hwy #218 and 19 miles south of Iowa City on Hwy #1.