1310-1430 Lake St - Retail FOR SALE


Spirit Lake, IA 51360
$2,900,000 USD
712-320-0887
1310-1430 Lake St, Spirit Lake, IA for Sale
$2,900,000 USD
Retail - FOR SALE
1/12
null | Request Cap Rate

1310-1430 Lake St
Spirit Lake, IA 51360


OVERVIEW

Discover this exceptional commercial property with 23,640 sf of space and ideally located just one block north of HWY 9/71 on busy Lake Street. The strip mall features 13 total units and is currently at 88% occupancy with long term leases, making it a strong income-producing investment with immediate cash flow. With its high-visibility location and ample parking, this property provides excellent exposure and accessibility for tenants and customers alike. The mix of established tenants and versatile spaces makes it a solid long-term investment or a great opportunity for future development. Don’t miss your chance to own one of Spirit Lake’s premier commercial properties in a thriving, high-traffic location.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$108 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

94

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

Commercial

APN/PARCEL ID

07-04-153-015

ASK ABOUT THIS PROPERTY

Katie SlaterNextHome At The LakesMore Info
712-320-0887

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Katie SlaterNextHome At The LakesMore Info
712-320-0887

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