Attention investors and redevelopers! This expansive 14,000+ sq ft property is for the visionary looking for opportunity. Located on the main entrance to Lake Park the 1.86 acre +/- parcel is conveniently located in a thriving community with demand for many different use types of the property. The property could be renovated as an attractive independent / assisted living facility, it could be made into apartments, office suits, retail space, a daycare, or — whatever you can imagine! As the property sits currently, there are 29 bedrooms, 20 bathrooms, and multiple additional spaces; including a large scale living room, dining room, and kitchen, multiple storage rooms, and staff rooms. At just over $26 a sq ft this property is ideal for redevelopment into a community asset and cash flowing asset. *Please note many uses for the property, including those listed, may require zoning approvals through the City of Lake Park.
Legal: Lake Park 2nd Addn Lakeside Out Lot A AND N 308.66' of Out Lot B. Dickinson County, Lake Park IA. Exact Legal per abstract and warranty deed.
251038
$375,000
1304 South Market Street
Lake Park
IA
Sale
COMMERCIAL
Commercial
14224
53
1973
51347
Real Estate Unlimited, Seth Hellinga (712.320.0482)
#251091 MLS 6 Beds 5 Baths 5,066 Sq.Ft
Listed by : HINN REAL ESTATE, SOPHIE HINN (712.330.5890) & HINN REAL ESTATE, GRACE HINN (712.330.9406)#250702 MLS 3 Beds 3 Baths 2,808 Sq.Ft
Listed by : HINN REAL ESTATE, JIMY MAC LENZ (712.240.0695)