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Listed by Jeffrey Bradley • Volga River Realty
$ 100,000
Est. payment /mo
Active
18569 Lane RD Fayette, IA 52142
4.97 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office/Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20254130
Year Built 1930
Tax Year 2024
Lot Size 4.970 Acres
Acres 4.97
Property Sub-Type Office/Industrial
Property Description
Fayette County's former county home is for sale. The main campus is over 40,000 sq ft on 3 levels situated on 5 acres. The home was licensed for 90 beds at one time. At its peak the facility was staffed 24/7 with commercial grade kitchen, laundry and wood working shop. There are two very good water boilers, new in 2010, and 11 air handlers spread out throughout the facility. As state regulations changed, the home was managed by a private entity, eventually dropping to just 10 residents with some rooms remodeled as 1 bedroom efficiencies. The county is taking bids with a minimum bid of $100,000. Although used as a nursing home in the past, the property could easily handle any type of office needs. Assessed at close to $2 million, this property is ready for a new owner with a new vision. Bids are due Sept. 27.
Location
State IA
County Fayette
Zoning Commercial
Interior
Fireplace N
Exterior
View Y/N true
Others
Acceptable Financing NBR20254130
Listing Terms NBR20254130
Special Listing Condition Investment Sale
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