Property

Sq Ft of Space For Sale: Commercial / Retail Bldg 615 & 617 Lake Ave Storm Lake, Iowa, 50588 United States

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Description:

3 story biulding in Down Town Storm Lake, IA with full basement and elevator to all floors. 7,500sq ft per floor or 22,500sq ft not counting basement. Built in 1919 by the Maonsic Lodge with steel & concrete construction. Currently operating with 5 tenants (total of $4500/month gross income) and 3,700sq ft still available for lease on the 2nd floor. Property should appraise >$450,000, so there is a lot of equity available as I'm looking to sell fast for personal reasons. This is the largest, coolest, and best looking building in down town Strom Lake with excellent value and plenty more potencial.

Highlights:

Priced to sell fast,Largest / Tallest in Down Town Storm Lake,$4,500 / month current gross rent,3 floors with elevator,Only building with a view

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Property Type Primary Use Retail Total Building Size 22500 Number of Floors 3 Year Built 1919

Contruction Stage Existing Total Lot Size 1 Acres Building Class Retail Available Parking Public Lot/Ramp

Space Availability
Space Available Sq Ft
Min Divisible Sq Ft
Max Contiguous Sq Ft
Is This a Sub Lease

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Primary Contact	Adam Tiefenthaler
Company Name	Midwest Capital
Phone	(712) 299-2973
Email	atiefen@ncn.net

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Posted By	Adam Tiefenthaler
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