Peoples Company is pleased to be representing the sale and Online Auction of a commercial and warehouse building in the proud community of Templeton, Iowa. This southern Carroll County, Iowa community is best known for its ties to the decorated history and characters of the 1920s Prohibition era and the world-renowned Templeton Rye Whiskey. The 10,000 square foot plus building, dubbed the White Elephant simply for its size and color, has its own connection to the Templeton Rye brand as this structure was most previously utilized to house whiskey barrels and served as the workshop that transformed these barrels into a variety of handmade barrel furniture.
The property is being sold by ONLINE Only auction. The bidding is currently LIVE and will remain open until Thursday, August 13th, 2020 at 4:00 PM (CST). Building may be inspected during open houses or by appointment: Open House dates a...
The property is being sold by ONLINE Only auction. The bidding is currently LIVE and will remain open until Thursday, August 13th, 2020 at 4:00 PM (CST). Building may be inspected during open houses or by appointment: Open House dates are Wednesday, July 22nd from 4:00 P.M. to 7:00 P.M. & Sunday, August 2nd from 1:00 P.M. to 4:00 P.M.
The historic building was originally constructed in 1920, but was completely renovated between the years 2014 and 2016. Renovations and improvements include, but are not limited to, new windows built to the original specifications, pitched metal roofing to avoid water settling, and a complete overhaul of the flooring, plumbing, electrical, and HVAC systems. The building area divides into storefront facing Main Street (3,000 sq. ft.), climate-controlled warehouse area (5,250 sq. ft.), and a designated shop / work space area (2,250 sq. ft.). The storefront includes a finished show room area with unique design features and a loft area. The warehouse / shop area is heated with three large, overhead doors and two restrooms with plumbing in place for a third. The HVAC system currently provides heat to the building and the air conditioning unit is plumbed for cooling, but would require the installation of a condenser to add AC to the building.
Templeton has great access to Iowa Hwy 141 and US Hwy 71 and located a 1 hour drive to hubs Omaha, NE and West Des Moines, IA. There are several active businesses and the community has spurred several economic development projects including the $26 million Templeton Rye Distillery, over $7 million development of the Waspys Truck Stop, and the nearly $2 million transformation of the Templeton Community Center. A Business Revolving Loan Program exists in Templeton to assist businesses with attractive financing. Contact listing agent or Templeton Telephone Company for additional information.
Templeton is fully served with all modern utilities and services. This property has electric through MidAmerican Energy Company, natural gas through Manning Municipal Gas, telecommunications and cable television through Templeton Telephone Company, sanitation and recycling through Carroll Refuse, and water and sanitary sewer through the City of Templeton. Property lies in the Central Business Commercial District (C-2) which includes a variety of office, retail, and service industry uses. See Attached C-2 Permitted Uses or contact listing agent / City of Templeton for questions on a use of the property.
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Research Parcel InformationFrom Carroll, Iowa: Head south on US Highway 71 for 10 miles and turn right (west) onto County Highway E-57 and travel for 3 miles. Turn left (south) onto County Highway E-57/Ivy Avenue and travel for 0.5 miles to 123 S. Main Street, Templeton, Iowa.
From the Des Moines Metro: Take Iowa Highway 141 for approximately 72 miles, turn right (north) onto County Highway N18 for 0.75 miles to 123 S. Main Street, Templeton, Iowa.
From Omaha, Nebraska: Take I-29 toward Kansas City/I-80 East for approximately 60 miles, turn left (north) onto US Highway 71 and travel for 30 miles. Turn left (north) onto County Highway N18 and travel for 0.75 miles to 123 S. Main Street, Templeton, Iowa.