Description

Commercial Property For Sale in Iowa Along Major Highway

402 S Hayes Street

Mount Ayr, Iowa

Have you been waiting for a premier retail opportunity to occupy, develop, or invest? This is the perfect fit for you! The former Hy-Vee Food Store building located in Mount Ayr, Iowa, is now being offered for sale!  

• Built in 1965 – 1-story Concrete Block/Steel exterior with 126 sq ft Warehouse added in 2018
• Lot Size – 132 x 281 = 37,092 sq ft or .852 acres
• Building Size – 6819 sq ft + 126 sq ft = 6945 total sq ft
• Zoned Commercial with an assessed value of $277,909
• Excellent location on State Highway 2 providing visibility and exposure. Easy access to other businesses in Mount Ayr
• Large parking lot. Abundant parking space available for clients and employees, or for an expansion of the existing building. Easy access for truck deliveries!
• Windows along west side of the building offers natural lighting
• Refrigerators along the South Wall, as well as 4 walk-in coolers and 1 walk-in freezer is included with this sale
• Open-floor layout provides the opportunity to turn this building into whatever business you desire. Fitness center, meeting rooms, business building to rent office space, conversion to storage rentals…lots of possibilities!
• All utilities are available on site

This property is located in one of the best small towns in Southern Iowa with a steady population and strong business development with many businesses. Some of these include: several banks, a public library, Glendenning Motor Company, large United Farmers Coop, feed stores, vet clinic, Southwest Builder Supply (Lumberyard), Dollar General, numerous boutiques, appliance store, parts store, RAYR (which is a locally owned market store providing locally grown/made food), several insurance companies, variety of dining options, medical center located on the square as well as a modern hospital with a medical clinic and pharmacy, nursing homes, new Hy-Vee store located uptown with a pharmacy, Princess Theater, barber and beauty shops, bowling alley, 9-hole golf course/country club, dance studio, various industry, American Legion Post, USDA office, a newer large Casey’s convenience store (which also has diesel pumps for semis), a municipal airport, local newspaper, Vetter Equipment, auto and body repair businesses, as well as numerous construction companies, heating/cooling, electrical businesses, and so much more. Mount Ayr is also the county seat of Ringgold County. Mount Ayr Community Schools is one of the top public schools in the state for academics and sports.

Don’t miss this opportunity to add this property to your investment portfolio! Give us a call today to schedule your showing and discuss your visions for this property in greater depth!

* There is a non-compete clause. No grocery, dollar store, pharmacy, or gas. But seller will review requests on the restrictions on a case by case basis.