General Description

Exceptional opportunity to acquire a long-established and highly recognizable hardware, furniture, and appliance business property in the heart of Kingsley, Iowa. This offering includes three total parcels featuring two commercial buildings plus an additional lot with valuable outdoor storage and expansion potential. The historic hardware store building, originally constructed in 1920, has been well maintained and thoughtfully updated while preserving its long-standing community presence. The building features a freight elevator providing convenient access for transporting heavy merchandise to and from the basement level. Major improvements include a new roof installed in 2020 and a complete interior reset in 2024 designed to enhance customer flow and maximize retail shelving space. The computer systems and point-of-sale equipment were also fully upgraded in 2024. Included in the sale is a newer appliance showroom and storage building constructed in 2022. This impressive 42’ x 68’ building includes an attached 14’ x 24’ garage and is fully insulated and sheetrocked with a utility room and bathroom, offering excellent functionality for retail, warehouse, or service operations. Actual inventory to be transferred via bill of sale at an additional cost. The adjacent west lot provides additional flexibility with a lean-to structure and fenced storage area. Numerous business assets are included with the property, including: * Daewoo 4,000 lb forklift * 2015 Chevrolet 4-wheel-drive truck with lift * Aluma delivery trailer * Several appliance carts * Paint matching system located inside the hardware store With three parcels included, updated facilities, excellent storage capabilities, and established visibility in a thriving community, this property presents a rare turnkey commercial investment opportunity.

Legal: Lots 25&26 Blk 8 Kinglsey, Lot 24 Blk 8 Kingsley, W PT Lots 1-3 Blk 8 Kingsley

Status: Active