Medical Offices /IA /Buena Vista County /Storm Lake /1607 Lake Ave
Medical Offices /IA /Buena Vista County /Storm Lake /1607 Lake Ave

1607 Lake Ave - Medical FOR SALE


Storm Lake, IA 50588 | 
$1,547,000 USD
248-702-0288
1607 Lake Ave, Storm Lake, IA for Sale
$1,547,000 USD
Medical - FOR SALE
1/18
null | 8.25% Cap Rate
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1607 Lake Ave
Storm Lake, IA 50588

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HIGHLIGHTS

  • Ample space for various business needs and future developments.
  • Well Maintained Concrete Parking Lot with Over 35 Parking Stalls.
  • Low Price / SF below replacement cost.
  • 7,500 Daily Traffic Counts along US Hwy 71.

OVERVIEW

18,220 SF office building. A mix of Office, Industrial, and Retail. Established in 1975, Recently Renovated. 100% Leased. Prime location in Storm Lake area Along US Hwy 71. Well-maintained and modernized.

FOR SALE DETAILS

PRICE

$1,547,000 USD

PRICE/SF

$85 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.88 AC

LAND SF

81,813 SF

ZONING

CB

APN/PARCEL ID

10-34-202-003

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

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