Lake Mills, IA Commercial Real Estate for Sale

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Industrial Warehouse with Heavy Power
Updated: Sep 26
Industrial Warehouse with Heavy Power

808 North Lake Street, Lake Mills, IA 50450

$3,650,000
100,525 sqft 8.09 AC lot
100,525‑square‑foot facility on 8.09 acres
3,000‑amp, 3‑phase, 480 V electrical service
Five 9‑foot by 10‑foot dock doors
Four drive‑in doors: two 12′ x 14′ and two 14′ x 14′
23′ - 28′ clear height
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Single-Story Brick Office Building
Updated: Mar 24
Single-Story Brick Office Building

106 E Main St, Lake Mills, IA 50450

Contact for pricing
7,178 sqft 0.40 AC lot
7,178 SF, one‑story brick office building on a 17,445 SF lot
Built in 1955 (updates in 1975) with concrete foundation and metal gable roof with composition materials
Gas forced‑air heating with central air conditioning
Interior layout includes a mix of private offices and open areas for flexible use
Partial basement provides additional storage or support space
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 2 Active listings in Lake Mills, 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.

Four-Unit Mixed-Use Property
Four-Unit Mixed-Use Property

220 E 7th Street, Albert Lea, MN 56007

$249,900
2,800 sqft 0.16 AC lot

A commercial space currently used for laundry service shares the property with residential units.

View details
Retail Pad off I-90
Retail Pad off I-90

1619 Main Street West, Albert Lea, MN 56007

$250,000
1 sqft

1.5 acre retail pad for redevelopment near I-90.

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Historic Downtown Mixed-Use Building
Historic Downtown Mixed-Use Building

747 Central Ave, Northwood, IA 50459

$136,000

Stunning 1890 building in the heart of downtown Northwood.

View details
Commercial Land Near I-35 Exit
Commercial Land Near I-35 Exit

Wheelerwood Rd, Northwood, IA

Contact for pricing
17.48 AC lot

Commercial land conveniently located near I-35, Diamond Jo Casino.

View details

Off-Market Properties in Lake Mills, IA

Consider similar Off-Market properties in Lake Mills, 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.

605 Ml St
COMMERCIAL (GENERAL)

605 Ml St, Lake Mills, IA 50450-1012

Estimated value:
$340,000
10,984 sqft 1.17 AC lot
View details
43066 225th Ave
MANUFACTURING (LIGHT)

43066 225th Ave, Lake Mills, IA 50450-7620

Estimated value:
$320,000
9,916 sqft 2.11 AC lot
View details
104 Ml St
BAR, TAVERN

104 Ml St, Lake Mills, IA 50450-1304

Estimated value:
$90,000
2,080 sqft 0.05 AC lot
View details
108 Lk St
RETAIL STORES (PERSONAL SERVICES)

108 Lk St, Lake Mills, IA 50450-1506

Estimated value:
$90,000
5,284 sqft 0.20 AC lot
View details
102 2nd W Ave
PROFESSIONAL BUILDING

102 2nd W Ave, Lake Mills, IA 50450-1205

Estimated value:
$130,000
884 sqft 0.20 AC lot
View details
106 Lk St
CAR WASH - AUTOMATED

106 Lk St, Lake Mills, IA 50450-1302

Estimated value: by Request
1,920 sqft 0.32 AC lot
View details
606 Ml St
WAREHOUSE, STORAGE

606 Ml St, Lake Mills, IA 50450-1000

Estimated value:
$325,000
5,724 sqft 3.46 AC lot
View details
21134 440th St
LIGHT INDUSTRIAL

21134 440th St, Lake Mills, IA 50450-7683

Estimated value:
$235,000
2,500 sqft 15.53 AC lot
View details
210 Main St
RESTAURANT

210 Main St, Lake Mills, IA 50450-1406

Estimated value:
$155,000
7,632 sqft 0.13 AC lot
View details
104 3rd W Ave
COMMERCIAL (GENERAL)

104 3rd W Ave, Lake Mills, IA 50450

Estimated value: by Request
0.08 AC lot
View details
105 Main St
OFFICE BUILDING

105 Main St, Lake Mills, IA 50450-1470

Estimated value:
$305,000
5,800 sqft 0.14 AC lot
View details
46133 150th Ave
COMMERCIAL (GENERAL)

46133 150th Ave, Lake Mills, IA 50450

Estimated value:
$125,000
0.97 AC lot
View details
402 Main St
PROFESSIONAL BUILDING

402 Main St, Lake Mills, IA 50450-1424

Estimated value:
$265,000
1,886 sqft 0.13 AC lot
View details
105 Western St
DRIVE-THRU RESTAURANT, FAST FOOD

105 Western St, Lake Mills, IA 50450-1331

Estimated value:
$260,000
2,560 sqft 0.15 AC lot
View details
107 Washington St
OFFICE BUILDING

107 Washington St, Lake Mills, IA 50450-1310

Estimated value:
$255,000
3,089 sqft 0.19 AC lot
View details
706 Main St
LIGHT INDUSTRIAL

706 Main St, Lake Mills, IA 50450-1420

Estimated value:
$295,000
13,800 sqft 1.00 AC lot
View details
203 1st W Ave
RETAIL STORES (PERSONAL SERVICES)

203 1st W Ave, Lake Mills, IA 50450-1352

Estimated value:
$270,000
5,429 sqft 0.18 AC lot
View details
804 Lk St
MANUFACTURING (LIGHT)

804 Lk St, Lake Mills, IA 50450-1001

Estimated value:
$270,000
7,800 sqft 0.75 AC lot
View details
880 Lk St
MANUFACTURING (LIGHT)

880 Lk St, Lake Mills, IA 50450-1001

Estimated value:
$545,000
25,060 sqft 2.21 AC lot
View details
105 Ml St
RETAIL STORES (PERSONAL SERVICES)

105 Ml St, Lake Mills, IA 50450-1363

Estimated value:
$190,000
3,640 sqft 0.08 AC lot
View details
109 Ml St
RETAIL STORES (PERSONAL SERVICES)

109 Ml St, Lake Mills, IA 50450-1303

Estimated value:
$230,000
3,360 sqft 0.10 AC lot
View details
205 Ml St
RETAIL STORES (PERSONAL SERVICES)

205 Ml St, Lake Mills, IA 50450-1315

Estimated value:
$205,000
7,200 sqft 0.31 AC lot
View details

Lake Mills, IA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Lake Mills, IA on our real estate platform. These investment opportunities span a total of 107,703 square feet of properties for sale, with an estimated market value of $3,650,000.

Sale prices for business properties in Lake Mills, IA average $3,650,000 — 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 3,001
Population Growth (5Y) +10.9%
Median Household Income $76,522
College Educated 23.2%

High-Yield Neighborhoods for Investment

Identify Lake Mills submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
50450 $3.7M

Taxes & Financing

Tax Rate (average for all types) 2.47%
Property Tax per SF $24.95 per SF
Tax Rate vs County Average 0.26 pp above county avg
Average Loan-to-Value 65.0%

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