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, with 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.
Legal: LOTS 5, 6 & 7 FAIRGROUNDS SUBDIVISION
251165
$2,900,000
1310-1420 Lake St
Spirit Lake
IA
Sale
COMMERCIAL
Commercial
23640
25
2006
51360
NextHome at the Lakes, Katie Slater (712.320.0887)
#250158 MLS 4 Beds 4 Baths 3,840 Sq.Ft
Listed by : RE/MAX LAKES REALTY, AARON JONES (712.320.9442)#250538 MLS 6 Beds 5 Baths 4,512 Sq.Ft
Listed by : HUNTER REAL ESTATE, SCOTT HUNTER (515.745.4560)#250965 MLS 4 Beds 5 Baths 3,630 Sq.Ft
Listed by : OKOBOJI REALTY, MICKEY HARRINGTON (712.320.2725)#250907 MLS 5 Beds 4 Baths 5,180 Sq.Ft
Listed by : JENSEN REAL ESTATE, MICHAEL JENSEN (712.320.7245)