121 5th St. E, Storm Lake, IA 50588

Storm Lake, IA Commercial Homes for Sale with Real Estate MLS # 824219

$399,500

  • N/A
  • N/A
  • 16813
  • Active
Price Decreased

General Description

This Quality Commercial building features 13,644 sq.ft. of office area plus a finished basement with an additional 3,196 sq.ft. This property has been a fixture in this community since 1972. The main floor includes 10 offices, 2 restrooms, and a large lobby/ work station area. On the second floor there are 7 additional offices, a large conference room, a kitchen area, 4 restrooms, and a large work station area. The finished basement includes a kitchen area, work station area, 1 office, a restroom, and mechanical/storage rooms. There is a deed restriction preventing the property from being used for any banking or insurance purposes. This property could be converted to apartments or condos and the state of Iowa has had Grants and Tax credit programs available to offset the cost. Gross Real Estate Taxes shown in listing are based on the 2022 assessed value of $887,480. The 2023 assessed value of this property is $545,340! Also included with this property is the concrete parking lot to the north of the building.

Legal: 06-15 STORM LAKE CORP HAYES LOTS 6-12
Status: Active

Property Information

824219

$399,500

121 E 5th St.

Surrounding Areas/Other Areas

Storm Lake

Buena Vista

IA

Sale

Commercial

2

Yes

16813

237

1972

50588

17522

LISTED BY

Real Estate Specialists, Steven Brashears (712.732.7594) & Other, Other Other (712.255.8810)

PROPERTY LOCATION

MORTGAGE CALCULATOR


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Listed by : REAL ESTATE SPECIALISTS, JOSEPH AUBE (712.732.7594)
This Commercial property located at 121 5th St. E (MLS # 824219) falls under the category of Commercial Homes for Sale in Storm Lake, IA. Listed on Team Carlson Group, this property is priced at $399,500. Featuring N/A bedrooms and N/A bathrooms, this property at 121 5th St. E offers 16813 sqft of living space and was constructed in 1972. Whether you are interested in exploring new listings in Storm Lake or specifically looking at properties on 121 5th St. E, you can access all market statistics and community information you need.

For more information on 121 5th St. E and other properties in the surrounding Surrounding Areas/Other Areas, feel free to contact RE/MAX Lakes Realty, the leading real estate agency in the Iowa Great Lakes region and the host of Team Carlson Group. Our experienced team is ready to assist you with your real estate search in and around Storm Lake, IA.
Jeff Carlson - BROKER/OWNER

Jeff Carlson

BROKER/OWNER

Rachel Carlson - REALTOR/OWNER, Pricing Strategy Advisor (PSA)

Rachel Carlson

REALTOR/OWNER, Pricing Strategy Advisor (PSA)

Ask About this Property #824219

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