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102 1st St S

48,200 SF Flex Building Kalona, IA 52247 $2,200,000 ($46/SF)

Executive Summary

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 ind ustrial
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 su pply 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
foo t 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 1 9 miles south of Iowa City on Hwy #1.

Property Facts

Price $2,200,000
Price Per SF $46
Sale Type Owner User
Property Type Flex
Property Subtype Light Manufacturing
Building Class B
Lot Size 3.41 AC
Rentable Building Area 48,200 SF
No. Stories 1
Year Built 2022
Tenancy Single
Parking Ratio 3.15/1,000 SF
Clear Ceiling Height 24’

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-18-101-031
Land Assessment
$116,700
Improvements Assessment
$1,458,900
Total Assessment
$1,575,600

zoning

Zoning Code M-2
M-2
  • Listing ID: 28928041

  • Date on Market: 7/6/2023

  • Last Updated:

  • Address: 102 1st St S, Kalona, IA 52247

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