505 Lake Ave., Storm Lake, IA 50588


Property Description

This nicely remodeled commercial building on Lake Ave. was substantially remodeled in 2017/2018 and has an excellent rental history. The main floor includes a reception area, 6 offices, a conference room, a storage room, kitchen area, and restroom. The upstairs has 3 apartments including a 1 bedroom at $650 per month, a 2 bedroom at $750 per month, and a 2 bedroom at $750 per month. All tenants pay utilities except garbage dumpster. Each unit has its own furnace, A/C, and water heater. Kitchen appliances and stack washer/dryer included with each apartment. Seller would consider leasing this property.

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Calculator source: Real Geeks

Listing courtesy of Real Estate Specialists.