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    Lake City, IA

    Lake City, IA Commercial Real Estate for Sale

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    Dollar General NNN Retail Lease
    Updated: Apr 11
    Dollar General NNN Retail Lease

    103 N 37th Rd, Lake City, IA 51449

    Contact for pricing
    2016 build‑to‑suit Dollar General property on an absolute NNN lease structure
    Remaining lease term of 8.24 years on an initial 15‑year lease
    Absolute NNN lease with zero landlord responsibilities
    20‑year term extension structure: five 5‑year renewal periods with 10% rent increases
    Tenant is Dollar General Corporation with corporate guarantee
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    Retail Storefront on Main Street
    Updated: Sep 6, 2025
    Retail Storefront on Main Street

    105 E Main St, Lake City, IA 51449

    $35,000
    Storefront for sale with prominent Main Street visibility and access in Lake City.
    Located on/near Lake City’s main street business corridor near the Quilt Shop, Hardware Store, and Opal Daisy boutique.
    Near City Square with community events including a weekly summer Farmers Market, Chili Cook‑Off, Rodeo Days, Christmas Parade, and Betterment Potluck.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 2 Active listings in Lake City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Zero-Entry Condo with Heated Garage
    Zero-Entry Condo with Heated Garage

    1399 E 11th St., Carroll, IA 51401

    $359,900
    3,028 sqft

    New construction zero-entry condo with heated garage, covered deck, and fully finished basement featuring storage space.

    View details
    Single-Tract Iowa Farmland and Hunting
    Single-Tract Iowa Farmland and Hunting

    1679 270th St., Rockwell City, IA 50579

    $1,082,504
    99.77 AC lot

    One-tract farm with FSA cropland, CRP contract acres, and gently rolling ground with natural drainage.

    View details
    Iowa Farmland Opportunity
    Iowa Farmland Opportunity

    Parcel 87331810 300th, Rockwell City, IA 50579

    $112,000
    7.24 AC lot

    Prime farmland in Calhoun County, Iowa, ready for immediate possession.

    View details
    Carroll, Iowa Development Land
    Carroll, Iowa Development Land

    01 Bella Vista Drive, Carroll, IA 51401

    $425,000
    4.80 AC lot

    Two 5-acre parcels of development land available for purchase.

    View details

    Off-Market Properties in Lake City, IA

    Consider similar Off-Market properties in Lake City, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    121 Ctr St
    PROFESSIONAL BUILDING

    121 Ctr St, Lake City, IA 51449-1701

    Value Estimation by Request
    900 sqft 0.02 AC lot
    View details
    113 Main St
    RETAIL STORES (PERSONAL SERVICES)

    113 Main St, Lake City, IA 51449-1731

    Value Estimation by Request
    2,480 sqft 0.06 AC lot
    View details
    211 Ctr St
    OFFICE (GENERAL)

    211 Ctr St, Lake City, IA 51449-1703

    Value Estimation by Request
    1,500 sqft 0.20 AC lot
    View details
    107 Main St
    PROFESSIONAL BUILDING

    107 Main St, Lake City, IA 51449-1603

    Value Estimation by Request
    2,234 sqft 0.04 AC lot
    View details
    112 Main St
    MEDICAL BUILDING

    112 Main St, Lake City, IA 51449-1604

    Value Estimation by Request
    2,310 sqft 0.07 AC lot
    View details
    1409 Main St
    HOMES (RETIRED, NURSING)

    1409 Main St, Lake City, IA 51449-1578

    $650,000
    Estimated value
    36,954 sqft 5.61 AC lot
    View details
    1103 Main St
    VETERINARY, ANIMAL HOSPITAL

    1103 Main St, Lake City, IA 51449-1559

    Value Estimation by Request
    3,731 sqft 0.21 AC lot
    View details
    101 Ctr St
    RETAIL STORES (PERSONAL SERVICES)

    101 Ctr St, Lake City, IA 51449-1701

    Value Estimation by Request
    5,265 sqft 0.07 AC lot
    View details
    205 Jefferson St
    RETAIL STORES (PERSONAL SERVICES)

    205 Jefferson St, Lake City, IA 51449-2019

    Value Estimation by Request
    2,072 sqft 0.10 AC lot
    View details
    413 Jackson St
    COMMERCIAL (GENERAL)

    413 Jackson St, Lake City, IA 51449

    Value Estimation by Request
    0.40 AC lot
    View details
    821 Main St
    GROCERY, SUPERMARKET

    821 Main St, Lake City, IA 51449

    $820,000
    Estimated value
    12,958 sqft 0.95 AC lot
    View details
    123 Ctr St
    RETAIL STORES (PERSONAL SERVICES)

    123 Ctr St, Lake City, IA 51449-1701

    Value Estimation by Request
    1,610 sqft 0.06 AC lot
    View details
    101 Ctr St
    RETAIL STORES (PERSONAL SERVICES)

    101 Ctr St, Lake City, IA 51449-1705

    Value Estimation by Request
    2,904 sqft 0.03 AC lot
    View details
    823 Main St
    PROFESSIONAL BUILDING

    823 Main St, Lake City, IA 51449-1505

    Value Estimation by Request
    2,400 sqft 0.18 AC lot
    View details
    120 Illinois St
    RETAIL STORES (PERSONAL SERVICES)

    120 Illinois St, Lake City, IA 51449-1707

    Value Estimation by Request
    1,833 sqft 0.13 AC lot
    View details
    118 Illinois St
    OFFICE (GENERAL)

    118 Illinois St, Lake City, IA 51449-1707

    Value Estimation by Request
    792 sqft 0.06 AC lot
    View details
    114 Illinois St
    PROFESSIONAL BUILDING

    114 Illinois St, Lake City, IA 51449-1707

    Value Estimation by Request
    1,978 sqft 0.13 AC lot
    View details
    214 Main St
    AUTO REPAIR, GARAGE

    214 Main St, Lake City, IA 51449-1714

    Value Estimation by Request
    3,950 sqft 0.20 AC lot
    View details
    808 Main St
    RESTAURANT

    808 Main St, Lake City, IA 51449-1529

    Value Estimation by Request
    2,828 sqft 0.28 AC lot
    View details
    103 37th Rd
    RETAIL STORES (PERSONAL SERVICES)

    103 37th Rd, Lake City, IA 51449-3033

    $630,000
    Estimated value
    9,100 sqft 1.55 AC lot
    View details
    1001 Main St
    RETAIL STORES (PERSONAL SERVICES)

    1001 Main St, Lake City, IA 51449

    Value Estimation by Request
    3,840 sqft 1.93 AC lot
    View details
    304 Hancock St
    WAREHOUSE, STORAGE

    304 Hancock St, Lake City, IA 51449-1812

    Value Estimation by Request
    5,000 sqft 7.00 AC lot
    View details

    Lake City, IA Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Lake City, IA on our real estate platform.

    Sale prices for business properties in Lake City, IA average $35,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 1,951
    Population Growth (5Y) -9.7%
    Median Household Income $66,750
    College Educated 24.8%

    Taxes & Financing

    Tax Rate (average for all types) 1.94%
    Property Tax per SF $20.02 per SF
    Tax Rate vs County Average 0.25 pp above county avg
    Average Loan-to-Value 65.0%

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