21718 Highway J5T
Moravia, IA, 52571 $ 1,100,000
Bedrooms-- Baths-- Monthly Estimate*
$ 6,946
for $1,100,000. This building was built in 2022.
Rare commercial & recreational opportunity on the NE side of Rathbun Lake! Situated on approx. 7 acres, subject to survey, along a primary paved corridor leading to the Rathbun Lake marina, dam, campgrounds & recreation areas, this property offers exceptional visibility, access & versatility. Improvements include an attractive custom log-cabin-style commercial building w/ 6,000 SF main-level footprint + 3,390 upper-level space. Currently utilized for outdoor retail, bait, food service, ice & LP camper filling, the building offers possibilities for retail, restaurant, convenience/grocery, boat or powersports sales, hospitality or numerous other commercial uses. A separate cabin is currently operated as an established short-term rental, providing an additional income-producing component while maintaining privacy from the commercial area. Large parking areas accommodate boats, campers & trailers, excellent paved-road frontage, signage exposure, a loading area & additional county-road access. Rathbun Lake offers 11,000+ acres of water & is one of Southern Iowa's premier boating, fishing, camping, hunting & outdoor recreation destinations. Located near Moravia & approx. 85 miles from Des Moines, this is a unique opportunity in a market where private commercial acreage this close to lake attractions is rare. Additional development potential may exist, subject to zoning & approvals. Real estate & improvements only; business inventory not included.
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FeaturesGeneralSewer Septic Tank
Heating In Floor Heat
Cooling Central Air Ductless
Utilities Electric Common Heating Common Hot Water Common
Roof Metal
Garage Spaces 2
Architectural Style Mixed Use
Construction Materials Log
Year Built 2022
Tax Year 2026
Current Use Commercial Hotel/Motel Office Residential Restaurant Retail Warehouse Storage Facility
County Appanoose
Property Type Commercial Sale
Contingency None
Possible Use Diversified Grocery Income Lounge/Bar Motel/Hotel Office Professional/Office Restaurant Retail Services Warehouse Other
Status Active
Directions At the intersection of Highway 5 and Highway J18 Head West on J18 for 2 miles then turn South onto Highway J5T. Continue for 0.8 miles and the property is on the West side of road.
Open Parking Spaces 20
Number Of Units Total 1
Lot Size Units Acres
Tax Annual Amount 10810
Living Area Units Square Feet
Standard Status Active
Legal Description Auditor's Parcel B in E 1/2 NE 1/4 of Section 4 T70N R18W Appanoose County Iowa. Subject to survey. Exact legal to come from abstract.
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InteriorBasement Slab
Flooring Concrete Slab Wood
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ExteriorParking Features Attached Outside Gravel Common RV Access/Parking
Water Source Rural/Municipality
Lot Dimensions 7 +/- Acres subject to survey
Road Frontage Type County Road
Road Responsibility Public Maintained Road
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* Excluded FeaturesList ByHawkeye Farm Mgmt & Real EstatBroker
Affordability Calculator
- Monthly Principal & Interest
- $6,946
- Monthly Property Taxes
- $901
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyCommerical listings in Moravia, IA
Average List Price $122,500
Percent of Sale Price 89%
About Moravia, IA 601 Population
-5% Since 2002
$ 45,414 Median Income
42.46 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/4/2026 | $1,100,000 | | Listed Price |