Commercial Property with Residence. Here is a great commercial property sitting on approximately 7.75 acres in a great location just south of Ft. Madison and a half mile off Hwy 61 on 255th Street. This property features 2 large buildings. The 40 X 140 shop is heated with natural gas or wood heat along with ac in the front of the shop as well. It has a bathroom and office, is completely insulated, has 2 - 12 foot roll up doors, 2 walk in doors and a large sliding door on the end. This shop also has 3 phase and single phase power and a large steel sign in the front. The second shop is 30 X 80. It is fully insulated with heat as well, 1 walk in door and 2 roll up doors. The property also includes a 24 X 48 home with a deck, full unfinished basement, 3 bedrooms and 1 1/2 baths. The balance of the land is open, some is being farmed with plenty of room to expand. $449,000 Call Matt Kirchner at.