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121 5TH ST E, Storm Lake, IA 50588

Storm Lake, IA Homes for Sale in 50588 and Real Estate MLS # 827834

$350,000

  • N/A
  • N/A
  • 16813
  • Active

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 was formally used as a bank and has been a fixture in this community since 1972. The main floor includes 10 offices, 2 restrooms, and a large lobby & workstation area. On the second floor there are 7 additional offices, a large conference room, a kitchen area, 4 restrooms, and a large workstation area. The finished basement includes a kitchen area, workstation 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. Also included with this property is the concrete parking lot to the north of the building.

Legal: Per abstract
Status: Active

Property Information

827834

$350,000

121 E 5TH ST

Other Default

Storm Lake

Buena Vista

IA

Sale

Commercial

Yes

16813

12

1972

50588

17522

LISTED BY

Compass Real Estate of NW IA, Steven Brashears (941.628.9143)

PROPERTY LOCATION

MORTGAGE CALCULATOR


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Listed by : REAL ESTATE SPECIALISTS, JOSEPH AUBE (712.732.7594)
RE/MAX Experience - Licensed In Iowa, South Dakota, and Nebraska. Each Office Independently Owned and Operated.

RE/MAX Experience

Licensed In Iowa, South Dakota, and Nebraska. Each Office Independently Owned and Operated.

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