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Ernest Abell

ernieabell.realty@hotmail.com +1(641) 414-3893

Listed by Nathan Ammons Hawkeye Farm Mgmt & Real Estat

$ 779,000

Est. payment | -/mo

Save

$ 779,000

Est. payment | -/mo

Save

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID NOC6343756

Style Mixed Use

Construction Status Previously Owned

Year Built 2022

Annual Tax Amount $8,213

Tax Year 2026

Lot Dimensions 2.33 +/- Acres, subject to survey

Property Description

Rare commercial & recreational opportunity on the NE side of Rathbun Lake! Situated on approx. 2.33 acres, subject to survey, along a primary paved corridor leading to the Rathbun Lake marina, dam, campgrounds & recreation areas, this property offers exceptional visibility, access & versatility. Improvements include an attractive custom log-cabin-style commercial building w/ 6,000 SF main-level footprint + 3,390 upper-level space. Currently utilized for outdoor retail, bait, food service, ice & LP camper filling, the building offers possibilities for retail, restaurant, convenience/grocery, boat or powersports sales, hospitality or numerous other commercial uses. Large parking areas accommodate boats, campers & trailers, excellent paved-road frontage, signage exposure, a loading area & additional county-road access. Rathbun Lake offers 11,000+ acres of water & is one of Southern Iowa's premier boating, fishing, camping, hunting & outdoor recreation destinations. Located near Moravia & approx. 85 miles from Des Moines, this is a unique opportunity in a market where private commercial acreage this close to lake attractions is rare. Additional development potential may exist, subject to zoning & approvals. Real estate & improvements only; business inventory not included. Additional land and dwellings are available.

Location

State IA

County Appanoose

Direction At the intersection of Highway 5 and Highway J18, Head West on J18 for 2 miles then turn South onto Highway J5T. Continue for 0.8 miles and the property is on the West side of road.

Interior

Heating In Floor Heat

Exterior

Parking Features Gravel, Unassigned

Utilities Available Electric Common, Heating Common, Hot Water Common

View Y/N true

Accessibility No Stairs Internal

Total Parking Spaces 1

Building

Sewer Septic Tank

Water Rural/Municipality

Architectural Style Mixed Use

Structure Type Log

Construction Status Previously Owned

Schools

School District 4491 - Moravia

Others

Energy Description Propane

Acceptable Financing NOC6343756

Listing Terms NOC6343756

Schools and Properties Nearby

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+1(641) 414-3893

ernieabell.realty@hotmail.com

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21718 Hwy J5T Moravia, IA 52571