Property Description
Versatile 60×200 shop with finished living quarters 4 miles north of Albia, Iowa, only 1/8 mile off Hwy 137 offering rare opportunity and income potential. Built in 2021, it is spray foam insulated, heated, and full concrete with 18-ft sidewalls and five automatic overhead doors—two 20×16 and three 14×16—making it ideal for equipment, vehicles, or commercial use. The main level provides approx. 1,400 sq ft of finished space including an office/kitchen, bathroom, storage, and a concrete safe room. The east half of the shop is currently leased at $1,800/month, offering immediate rental income. Upstairs, the 1,600 sq ft one-bedroom living quarters feature a spacious kitchen with a 4×8 insulated window that opens onto a future deck (18-ft header in place), creating a modern layout suitable for full-time living or weekend use. Combined with the office/storage, there is over 3,000 sq ft of finished interior space in addition to the main shop. With its rural setting, excellent access, secure safe room, rental income, and the ability to serve as farm headquarters, business base, or unique live/work setup, this property delivers a rare combination of function and opportunity.
