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25512763
25512772

20756 IA-3, Durango, IA 52039

SD
IA IA B66573000, WI 60531 - 90 (+1)
Equity Real Estate Group
Listed by Equity Real Estate Group
$1,350,000
308 days on market
Updated 59 days ago

20756 Route 3

Details
APN Multiple; 0530102022
Property Type Industrial, Land
Sub Type Commercial, Industrial (+1)
Square Footage 20,636
Net Rentable (SqFt) 20,636
Occupancy 100%
Tenancy Single
Lease Type NN+
Lease Expiration 06/29/2026
Price per SqFt $65
Broker Co-Op Yes
Year Built 1960, 1981, 2000
Year Renovated 2016
Buildings 3
Stories 2
Acreage 22.140
Zoning Commercial, Ag, Residential
Investment Type Owner/User
Occupancy Date 05/31/2023

Accumulation of Industrial/Shop; Ag Land, Commercial Land and Residential Lot

Marketing description

Available for purchase is the accumulation of six total parcels on top of the ridge in Rickardsville, Iowa. The offering includes existing operational and warehouse buildings with B1 zoning in addition to vacant A1 lots and an R1 walkout lot with an incredible view of the Iowa countryside. Rickardsville is located in beautiful northeast Iowa within the Dubuque MSA. It's centrally located less than 20 miles from Dyersville, IA and the Field of Dreams and only 10 miles from Dubuque's growing north/northwest corridor.

Building 1 is an 8,000 sq ft brick structure currently operating as a vehicle service center with above average office and four overhead doors. Building 2 is a 6300 sq ft steel building with large shop accessed by a 20x14' OH door and ample warehouse area. Building 3 is a two-level cold storage building with post frame/steel envelope construction. All of these carry B1 (general business) zoning.

On the north side of Iowa Route 3, three vacant lots are offered as part of the accumulation. Lot 1 is a +/- 3.5 acre level lot currently gravel with 750' of frontage. Lot 2 is a +/- 1.75 acre residential walk-out lot offering some of the best views in the county. Lot 3 is a +/- 13.25 acre pasture lot with access via James Road which would be ripe for additional development.

The dynamic property is intended to be sold as a bundle but certain lots may be considered for sale separately. Note: the existing business is occupying and operating through June 2026. No unscheduled visits.

Investment highlights

This property is a compelling opportunity for investors looking to capitalize on the Midwest’s industrial growth, especially with its strategic location and modern infrastructure.

Listing Contacts

SD
IA IA B66573000, WI 60531 - 90 (+1)
Equity Real Estate Group
Listed by Equity Real Estate Group

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Additional Information

Name
Steve Davis, CCIM
License
IA B66573000
Brokerage
Equity Real Estate Group
Brokerage Phone
563-542-3519
Title
Managing Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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