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$290,000
Est. payment /mo
1,920 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,920 sqft
Price per Sqft $151
MLS Listing ID 832195
Year Built 1962
Annual Tax Amount $1,042
Tax Year 2024
Lot Size 0.950 Acres
Acres 0.95
Property Sub-Type Commercial
Property Description
Historic Grain Elevator & Redevelopment Opportunity 314 S 5th Street | Cherokee, Iowa An exceptional opportunity to acquire a well-known agricultural landmark in Northwest Iowa. The historic Wych Doctor Distillery & Feed Mill property offers a unique combination of grain infrastructure, industrial storage, and adaptive reuse potential, making it ideal for investors, developers, agribusiness operators, or hospitality ventures. This former grain elevator facility served as a central hub for regional grain handling and still retains key infrastructure including grain handling systems, multiple storage components, and an on-site truck scale. The property provides a strong foundation for continued agricultural use or redevelopment. The site also includes a converted scale house and office space currently set up as a distillery and tasting room, offering immediate potential for a brewery, event venue, agritourism destination, or other hospitality use. A large flat storage warehouse adds flexibility for commodity storage, equipment storage, indoor vehicle or RV storage, warehouse operations, or lease income opportunities. The historic wood-crib construction features substantial old-growth structural timber and steel infrastructure, which may provide additional value through reclamation or reuse. Buyers are encouraged to conduct their own due diligence regarding condition, environmental factors, and potential material recovery. Investment highlights include a landmark property with strong regional identity, multiple income and redevelopment opportunities, existing hospitality space, and valuable infrastructure already in place. Property is being offered as-is. Buyers to verify all aspects of the property to their satisfaction.
Location
State IA
County Cherokee
Area Other Default
Zoning Industrial
Interior
Heating Forced Air
Inclusions Building, Land
Exterior
Exterior Feature Other-See Comments
Roof Type Other-See Comments
Building
Sewer City
Water City
Schools
Elementary Schools Cherokee
Middle Schools Cherokee Middle
High Schools Cherokee
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Listed by Rasmus Realty & Auction
Nearby School & Business
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