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

Discover properties in 50588 within Storm Lake, IA for Sale using 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

236

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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This Commercial residence on 121 5th St. E (MLS # 824219) is categorized under Commercial Homes for Sale in Storm Lake, IA. Listed on Haley Zahren - Realtor, this Commercial property is priced at $399,500. It boasts N/A bedrooms, 16813 sqft, and N/A bathrooms, and was built in 1972. Whether you're searching for recent listings in Storm Lake or focusing on 121 5th St. E, you'll find detailed market data and community insights here.

For a deeper understanding of 121 5th St. E and its unique features compared to other properties nearby, contact RE/MAX Lakes Realty, the premier website for Iowa Great Lakes real estate, Haley Zahren - Realtor. Our team is prepared to help you explore residential options in and around Storm Lake, IA.
Haley Zahren - REALTOR, First Time Home Buyers

Haley Zahren

REALTOR, First Time Home Buyers

Ask About this Property #824219

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