Commercial Building & Land with Existing Lease Agreement
Located on HWY 92 near the HWY 149 intersection, just east of Sigourney, IA, this rare commercial property offers excellent exposure to steady traffic. Situated in Keokuk County, with a population of 9,904 (Sigourney population: 1,986*), this property presents a fantastic opportunity for investors or business owners looking for expansion potential. The sale includes two parcels of land, combining for a total of 2.56 acres, offering ample space for future development. One parcel features a 28x42 commercial building equipped with two overhead garage doors, an office area, a restroom, and a shop space. The property also comes with an existing lease agreement, with the current tenant under contract until 2/28/27, ensuring a steady rental income stream. The owner is responsible for snow removal and lawn maintenance. With its prime location and potential for expansion, this is an excellent opportunity to own a commercial property with room to grow and increase income. Contact the listing agent for more details on lease agreement terms and expansion opportunities. *US Census Bureau, 2022.