Lake Avenue Station

Highlights:

• 18,220 SF with office, Retail, and Industrial Usage
• Established in 1975, Recently Renovated
• Strong occupancy rate of 85% with a Master Lease providing income on the remaining 15%
• Prime location in Storm Lake area Along US Hwy 71 Well-maintained and modernized
• 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

Description:

Introducing an exceptional investment opportunity in Storm Lake, IA. The property boasts an impressive 18,220 SF building, providing ample space for office or office building investment. Built in 1975, this well-established structure offers a solid foundation for future expansion and growth. Currently at an impressive 85% occupancy, the property presents a compelling chance to step into a thriving commercial real estate opportunity. With its strategic location in the Storm Lake area, this property is primed for success and promises a strong return on investment. Don't miss out on the chance to own a prime piece of commercial real estate in this dynamic market.

Immerse your business in the vibrant community of Storm Lake, IA. Surrounding the property, you'll find a combination of small-town charm and modern amenities, creating an inviting environment for commercial investment. Enjoy access to a variety of dining and retail options, as well as picturesque lakeside views perfect for a midday retreat. Additionally, the property is conveniently located near notable local landmarks such as Buena Vista University and the historic Chautauqua Park, offering an ideal blend of business and leisure opportunities. Don't miss the chance to position your office or office building in this thriving and welcoming locale.