314 S 5th St, Cherokee, IA 51012

$300,000
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New to the Market Active
SQUARE FEET960 MLS#832195
STATUSActive PROPERTY TYPECommercial - Investment

Property Description

Historic Grain Elevator and Redevelopment Opportunity 314 S 5th Street | Cherokee, Iowa An exceptional opportunity to acquire a well-known agricultural landmark in Northwest Iowa. The historic Wych Doctor Distillery and Feed Mill property offers a unique combination of grain infrastructure, industrial storage, and adaptive reuse potential, making it ideal for investors, developers, agribusiness operators, or hospitality ventures. This former grain elevator facility served as a central hub for regional grain handling and still retains key infrastructure including grain handling systems, multiple storage components, and an on-site truck scale. The property provides a strong foundation for continued agricultural use or redevelopment. The site also includes a converted scale house and office space currently set up as a distillery and tasting room, offering immediate potential for a brewery, event venue, agritourism destination, or other hospitality use. A large flat storage warehouse adds flexibility for commodity storage, equipment storage, indoor vehicle or RV storage, warehouse operations, or lease income opportunities. The historic wood-crib construction features substantial old-growth structural timber and steel infrastructure, which may provide additional value through reclamation or reuse. Buyers are encouraged to conduct their own due diligence regarding condition, environmental factors, and potential material recovery. Investment highlights include a landmark property with strong regional identity, multiple income and redevelopment opportunities, existing hospitality space, and valuable infrastructure already in place. Property is being offered as-is. Buyers to verify all aspects of the property to their satisfaction..

314 S 5th St | MLS# 832195

This commercial property located at 314 S 5th St, Cherokee, IA 51012 is currently listed for sale with an asking price of $300,000. Search Cherokee real estate on lisaguerra.unitedrealestatesolutions.com today.

Property Features

Property Type: Commercial - Investment
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.95 Acres
Stories: 1.0
Taxes: $1,042
Year Built: 1962

Feature Descriptions

Ceiling Height: 7-10
Days on Site: 3
Exterior: Other-See Comments
Flooring: Other-See Comments
Parcel: 19035-0734132003
Power Available: 220 Volt,440 Volt,3 Phase
Sale Includes: Building, Land
Sewer: City
SQFT Building Total: 1920
Water: City
Zoning: Industrial

Local Schools

High School: Cherokee
Middle School: Cherokee Middle
Elementary School: Cherokee

Listed By / Shown By

Listed By

Agency Name: Rasmus Realty & Auction
Agency Phone: 712-225-4911

Shown By

Agent Name: Lisa Guerra
Agent Phone: (402) 508-6549
Agency Title: United Real Estate Solutions

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