28838 163rd AvenueLamoni, IA 50140

Commercial · 3,240 Sq. ft. | 0.50 Acres
$850,000 Active

28838 163rd Avenue Overview

Time on Site:
41 days
Visits:
16

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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28838 163rd Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 3,240
  • Price/Sq.ft. $262
  • Lot 0.50 Acres

Details

General

Association/HOA

  • Association: false

Location/Region

  • County Or Parish: Decatur
  • MLS Area Major: Lamoni
  • Postal City: Lamoni

Rent/Lease Information

  • Lease Considered: false

Tax Information

  • Tax Annual Amount: 926.0

General Information

  • Listing Terms: Cash
  • Parcel Number: 1406300017
  • Property Type: Commercial Sale
  • Zoning: C

Interior

Beds/Baths

  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 0
  • Bedrooms Total: 0

Building Interior

  • Building Area Total: 3240.0

General Information

  • Foundation Details: Poured

Exterior

Lot Information

  • Lot Size Acres: 0.5
  • Lot Size Area: 0.5
  • Lot Size Units: Acres
  • Road Surface Type: Gravel
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Frame,Metal Siding
  • Roof: Metal

General Information

  • Utilities: Electricity Available

28838 163rd Avenue Neighborhood

Community

50140 (Lamoni) Demographics

29
Median Age
31
Population Density (per sq. mile)
54%
College Educated
$41,434
Estimated Median Income
609
Estimated Total Home Owners
510
Estimated Total Renters
54% / 46%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

28838 163rd Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

28838 163rd Avenue Market Data

Based on the last 30 days in this zip code

$130,000
Average List Price
$78
Average Price per Square Foot
0
Properties Sold
91
Average Days on Market
4
Properties for Sale
Calculations provided by Reliance Network

28838 163rd Avenue History

Date Event Value Agent
5/20/2026Source: Des Moines Area Added to Database
May 20, 2026
Listing provided courtesy of Kiloterra- MLS# 741250MLS ProviderContact Information: (515) 993-7979