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1300 Lake Ave
Storm Lake, IA 50588

Abelardo's · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Personal Guaranteed Lease Backed by Over 40 Units.
  • 5-Mile Population is Over 12,000 People.
  • Outparcel to HyVee Grocery (Iowa's Largest Grocer) and Bomgaars (Prominent Regional Farm and Outdoor Supplier).
  • Situated in Storm Lake's Main retail Trade Corridor.
  • Low Rent at Only $12/SF.
  • Nearby Retailers Include: HyVee, Walmart, Arby's, Anytime Fitness, McDonald's, Walgreens, Maurices.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,499 SF
Building Class
C
Year Built/Renovated
1997/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.99 AC
Zoning
CC - Commercial Corridor
Parking
45 Spaces (12.86 Spaces per 1,000 SF Leased)
Frontage
182’ on Lake Avenue North

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-34-184-007
Land Assessment
$116,160
Improvements Assessment
$342,080
Total Assessment
$458,240
  • Listing ID: 31353566

  • Date on Market: 3/28/2024

  • Last Updated:

  • Address: 1300 Lake Ave, Storm Lake, IA 50588

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