28838 163rd Avenue Lamoni, IA $ 850,000
28838 163rd Avenue
$ 850,000
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28838 163rd Avenue

Lamoni, IA, 50140
$ 850,000
Bedrooms-- Baths-- Sq 3,240

Monthly Estimate*

$ 5,234

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Commercial Property for sale in Lamoni, IA

for $850,000. This 3,240 square foot building was built on a lot size of 0.5.

Exceptional opportunity to own a fully operational, turn-key welding and fabrication business in Lamoni. This well-established shop offers over 3,200 square feet of fully equipped workspace and is ready for immediate operation. The facility includes five complete welding setups featuring trusted Lincoln Electric and Miller Electric equipment, along with approximately $50,000 in welding supplies and inventory. The building is equipped with an AirVac ventilation system and a Shenandoah furnace, providing a safe, efficient, and comfortable working environment year-round. The building also includes a dedicated office space and restroom facilities, making it fully functional for both day-to-day operations and administrative use. A key advantage of this opportunity is the inclusion of current, ongoing work that can be transferred directly to the new owner, allowing for immediate income from day one. The seller is also willing to offer financing to qualified buyers, providing added flexibility for acquisition. Additional assets included in the sale are: 2002 CAT 246 skid steer Skid steer attachments including a brush cutter and post hole digger Farmall 460 tractor 2007 SkyTrak telehandler 2001 Ford F-350 Power Stroke Multiple flatbed trailers Various additional tools, equipment, and shop essentials

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Commercial Active

Price

$ 850,000

Property Type

Commercial

Taxes

$ 926

Style

Lot Size

0.5

Town/City

Lamoni

County/Region

Decatur

MLS | Web ID

741250

List By
Colin Ortmeier

Listing Agent

Kiloterra

Broker

colin.ortmeier@kiloterra.com

Email

Affordability Calculator

$5,311
Per Month
99%
1%
0%
Monthly Principal & Interest
$5,234
Monthly Property Taxes
$77
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/20/2026$850,000 Listed Price

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28838 163rd Avenue, Lamoni, IA, 50140 is a Commercial Property for sale at $850,000 with 3,240 sqft and a lot size of 0.5. The property's zip code is 50140 which is in Lamoni, IA