Bought with Smock Travis Peoples Company
$980,000
$1
97999900.0%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 12/16/2025
Key Details
Sold Price $980,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NOC6332073
Sold Date 12/16/25
Year Built 1970
Annual Tax Amount $13,818
Tax Year 2025
Lot Dimensions 337590 sf
Property Description
Sealed Bid Auction – Winthrop Business Center - Selling Absolute Bids Due: Thursday, October 30th at 5:00 PM (CST) Peoples Company is pleased to present the Winthrop Business Center, a versatile industrial, warehouse, and office complex located at 155 1st Street S in Winthrop, Iowa. This opportunity will be offered through a NO RESERVE sealed bid auction, with all bids due by 5:00 PM Central on Thursday, October 30. The property is situated on 7.75 acres within the city limits of Winthrop and is zoned Commercial and Light Industrial, offering flexibility for a wide variety of business uses. The one-story manufacturing and warehouse facility comprises several buildings constructed between 1970 and 1998, totaling 123,240 square feet. The manufacturing and warehouse area is comprised of 103,000 square feet of interconnected buildings and an additional 14,400 square foot storage building. Complementing the industrial space is a 5,760 square foot office with a reception area, multiple individual offices, and a large conference room. The property was previously used for plastics manufacturing, storage, and shipping. All electrical is in place to facilitate the manufacturing of all types of products. The property has over 40,000 square feet of paved surface with ample areas for parking and truck traffic to the loading dock area. Visit our website for more information regarding this Sealed Bid Auction!
Location
State IA
County Buchanan
Direction From Highway 20: Exit onto Racine Avenue and turn east at 220th Street. Travel for 1.1 miles to 1st Street S. Turn north onto 1st Street S and travel for 0.25 mile. The property will be on the east side of the road.
Interior
Heating Forced Air
Exterior
Parking Features Attached, Other
Garage Spaces 7.0
Utilities Available Electric Common, Heating Common, Hot Water Common
View Y/N true
Accessibility Other
Total Parking Spaces 20
Building
Sewer City Sewer/Connected
Water Public
Structure Type Metal Siding,Other
Schools
School District 011076 - East Buchanan Co. C-1
Others
Energy Description Natural Gas
Acceptable Financing NOC6332073
Listing Terms NOC6332073
Financing Cash
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