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302 10th Street Corning, IA 50841
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Key Details
Sold Price $30,000
Property Type Commercial Sale
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 729821
Annual Tax Amount $6,054
Lot Size 0.890 Acres
Property Description
Sealed Bid Auction: 302 10th Street, Corning, Iowa 50841 - Bids due on or before Thursday, November 20th, 2025, at 5:00 PM (CST)!
Presenting a Sealed Bid Auction for a 16.50% ownership stake in the commercial property at 302 310th Street, Corning, Iowa. This sale represents an opportunity to acquire a shared stake in an established income-producing property situated in the heart of Corning, Iowa, within central Adams County. The property offers convenient access to local amenities and regional transportation routes, positioning it well for continued long-term stability and growth within the Corning community.
The brick building, originally built in 1968 and added on in 1979 and 2001, includes over 8,696 square feet of combined floor space, storage, an equipment shed, along with a 10' x 10' concrete loading dock and metal canopy entrance. The building is well-maintained and suitable for a range of commercial uses. It offers a combination of practical layouts and essential infrastructure, such as electrical, plumbing, and HVAC systems, that support both current and future tenants. Investors will benefit from the property's existing income stream, and the offering is ideal for those seeking exposure to commercial real estate ownership without assuming the full capital requirements of a complete purchase. In addition, the concrete parking lot consists of 26,000 square feet and is located on the east side of the building.
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Location
State IA
County Adams
Area Corning
Zoning C1
Others
Monthly Total Fees $504
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Auction
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Bought with Peoples Company
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