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LOT #1

2314 West Mount Pleasant St, West Burlington, IA Commercial Land

Status
Disconnected

Contact Information

No contact information available

Description

Income Producing Commercial Property on 3.96± Acres

  • 50’x120’ steel frame dock height building, divided into 26’x50’ storage area & 50’x94’ warehouse. (16) loading docks w/ 9’x9.5’ overhead doors & edge of dock levelers.  Building has a concrete ramp & walk-up entrance. The building has been used for cold storage for several years, as the restroom, furnace & central air have not been in use.  Currently leased at $1,800/month.
  • 20’x40’ garage, 12’x12’ overhead door, currently leased at $300/month.
  • 24’x48’ garage, (3) 10’x10’ overhead doors, currently divided into two units, double unit currently leased at $300/month, single unit currently leased at $125/month.
  • (4) under canopy outdoor parking spots inside the gate, currently leased at $50/month.
  • (53) outdoor parking spots inside the gate, currently leased at $30/month.
  • (3) outdoor parking spots outside of the gate, currently leased at $20/month.
  • 9’x13’ shed, used for personal use.
  • 28’x64’ canopy w/ concrete & blacktop parking lot & perimeter fencing w/ (2)Linear powered gates & semi truck electric plugins.
  • Zoned I-2, General Industrial District.
  • Property was previously a trucking terminal with above ground compressed natural gas tanks & fueling stations.  Phase I Environmental Site Assessment was completed on June 6, 2023, see website for assessment.
  • 3 phase electric & natural gas are on the property.  Water has not been hooked up in over 20 years.
  • Tax Parcel: 10-27-400-014
  • Assessed Value: $449,700.00
  • Real Estate Taxes: $11,918.00 Net
  • Not included: Bear Cave Storage Name & Signage.  Seller will remove the Bear Cave Storage signage attached to the canopy prior to final settlement/closing, old canopy sides will remain.  All tenant’s vehicles, trailers & personal items.

Lot Details