Commercial & Residential Opportunity -- Multiple Income Possibilities! Situated on approximately 1 acre m/l, this versatile property offers an excellent opportunity for investors, business owners, or anyone seeking a combination of commercial, storage, and residential space. Conveniently located along the highway between Panora and Lake Panorama, the property provides outstanding visibility and easy access. The centerpiece of the property is a 4,800 SF heated shop/warehouse featuring concrete floors, a vehicle lift, carport, electric service, and LPA water. Whether you're looking for an investment property, warehouse space, boat storage, contractor headquarters, or a location for a small business, this building offers tremendous flexibility. Property Highlights 1 Acre m/l (Subject to Survey) Highway frontage between Panora & Lake Panorama 4,800 SF heated shop/warehouse Concrete floor, vehicle lift & carport, water (LPA) & electric Main-level apartment (1,680 SF) - Recently Remodeled Upper-level apartment (1,440 SF) - Recently Remodeled Detached 1,680 SF storage building Multiple potential uses: investment, warehouse, storage, business, or mixed-use Additional building & land available With multiple buildings, residential accommodations and commercial functionality, this property presents a unique opportunity in a highly desirable location near Lake Panorama and Panora. Schedule a showing today!
| MLS # | 743313 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2002 |
| Days On Site | 68 |
| Listing Provided By | BH Real Estate, LLC | Ben Hayes Hayes |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 3,120 |
| Zoning | Comm. |
| Tax Annual Amount | 0 |
|---|
| State | IA |
|---|---|
| County | Guthrie |
| City | Panora |
| Zip Code | 50216 |
| Area | Panora |
| Listing VS Median (in 50216) | |
Price: $625,000 low | high Med: $579,000 sqft: 3,120 low | high Med: 1,600 $ / sqft: $200 low | high Med: $362 On site: 68 low | high Med: 53 | |
| State | IA |
|---|---|
| County | Guthrie |
| City | Panora |
| Zip Code | 50216 |
| Area | Panora |
| Listing VS Median (in 50216) | |
Price: $625,000 low | high Med: $579,000 sqft: 3,120 low | high Med: 1,600 $ / sqft: $200 low | high Med: $362 On site: 68 low | high Med: 53 | |