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Multi-Building Flex and Warehouse Property
For Sale
$599,000

1703 E Lakeshore Drive, Storm Lake, IA 50588

COMMERCIAL - Storm Lake, IA

Property Size22,800 SF
Lot Size4.00 Acres
Price / SF$26.27
Days on Market302

Property Features for 1703 E Lakeshore Drive

General Information

Property type Commercial Sale
Property subtype Other
Parking features Driveway
Directions GPS
Subdivision Buena Vista
Standard status Active
APN 1402451031
Lot size 4.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 02-90-37 STORM LAKE CORP HAYES 2ND AUD S/D W 1/2 SE S & W OF RR LOT 3 (EX PARC CONT .52 AC) & (EX LOT A) *see abstract for full legal*
Tax Annual Amount 16648
Legal Description 02-90-37 STORM LAKE CORP HAYES 2ND AUD S/D W 1/2 SE S & W OF RR LOT 3 (EX PARC CONT .52 AC) & (EX LOT A) *see abstract for full legal*

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1944
Building materials Steel Siding
Roof type Rubber
Listing Agency: Hinn Real Estate
Listed By: Bryan Sebastian · License #S65753
Added: Oct 7, 2025 Changed: Jul 7 Last Checked: Aug 4 at 3:06PM
MLS# 251317

Copyright © 2026 Iowa Great Lakes Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multi-building property totals seven buildings on more than four acres, offering a mix of warehouse, office, and showroom space for a range of business needs. Building 6 is a steel structure with insulation, concrete, and power, sized at 122 by 80 feet for nearly 9,800 square feet of immediate use capability. Building 7 is a brick structure measuring 155 by 86 feet, providing 13,000-plus square feet described as turn-key. Building 2 includes a showroom and office space, along with two restrooms and a kitchenette.

The site is located on E Lakeshore Drive in Storm Lake, IA, positioned across from the golf course and King’s Pointe Resort, with the property described as fronting traffic of 5,000+ cars daily.

For buyers and operators looking to deploy resources across multiple structures, this layout supports staging operations while planning future use for the remaining buildings. The C-Commercial zoning also supports business and warehouse storage uses under the site’s stated zoning category, with additional office components available on-site through the showroom/office configuration described in Building 2.

Key Highlights

  • Prime location on East Lakeshore Drive with high visibility and traffic (5000+ cars daily).
  • Zoned C‑Commercial, suitable for business, warehouse storage, and more.
  • Includes two large buildings ready for immediate use: Building 6 (9800 sq ft, steel, insulated, concrete, power) and Building 7 (13,000+ sq ft, brick).

Property Analytics

Current Use

Flex space

Lease Details

5,000 VPD
Traffic count
Yes
Heavy power

Location Intelligence

Trade Area within ½ mile

214
Businesses Nearby
Balanced
Demand for This Use

Demographics for 50588, IA

13,331
Population
5,040
Households
2.6
Avg Household Size
33
Median Age
23%
College-Educated
75%
High-School Grad
138.8 sq mi
ZIP Area
96
Density / Sq Mi
$65,475
Median Household Income
$37,964
Median Earnings
$836
Median Rent
$178,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Four-plus acre C-Commercial site with multiple warehouse and office-ready buildings for businesses needing storage and frontage exposure.
Where is this flex space located?
The property is located at 1703 E Lakeshore Drive Storm Lake, IA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Prime location on East Lakeshore Drive with high visibility and traffic (5000+ cars daily).; Zoned C‑Commercial, suitable for business, warehouse storage, and more.; Includes two large buildings ready for immediate use: Building 6 (9800 sq ft, steel, insulated, concrete, power) and Building 7 (13,000+ sq ft, brick).
More about this property
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