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Self Storage Facility with Garage Doors
For Sale
$1,500,000

18 Th Street, Spirit Lake, IA 51360

COMMERCIAL, Spirit Lake, IA

Property Size37,200 SF
Price / SF$40.32
Days on Market376

Property Features for 18 Th Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features Driveway
Directions Just behind the vacant lot next to Pizza Ranch.
Subdivision Dickinson
Standard status Active
APN 0705401027

Taxes and HOA fees

Tax Year 2023
Tax Description SPIRIT LAKE BEDELLS 5TH ADDLOT 1 & 1/2 of SPIRIT LAKE BEDELLS 2ND LOT 2
Tax Annual Amount 15635
Legal Description SPIRIT LAKE BEDELLS 5TH ADDLOT 1 & 1/2 of SPIRIT LAKE BEDELLS 2ND LOT 2

Building Details

Year built 2010
Building materials Metal Siding
Roof type Metal
Listing Agency: Hinn Real Estate
Listed By: Doug Small · License #S70351
Added: Sep 8, 2025 Changed: Aug 19 Last Checked: Sep 18 at 11:06PM
MLS# 251156

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 self-storage property includes metal-sided buildings constructed in 2010, with metal roofing and driveway access. The storage improvements provide 37,200 square feet in total, with building dimensions of 60' x 200' and 60' x 210'. Each building includes 20' wide x 14' tall garage doors along with a walk-in door, supporting vehicle and pedestrian entry.

The property is positioned just off the intersection of Hwy 71 and Hwy 9 in Spirit Lake, with easements providing access from both highways. Lease agreements are in place through August 1, 2026. The buildings may also be separated for purchase, subject to the property’s current configuration and surveying.

Key Highlights

  • 37,200 square feet of storage space
  • Building dimensions include 60' x 200' and 60' x 210'
  • 20' wide x 14' tall garage doors at each building

Property Analytics

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Current Use

Self storage facilities

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Garden Center Catering Service Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

440
Businesses Nearby

Demographics for 51360, IA

8,553
Population
6,638
Households
1.3
Avg Household Size
49
Median Age
35%
College-Educated
97%
High-School Grad
105.2 sq mi
ZIP Area
81
Density / Sq Mi
$77,464
Median Household Income
$41,043
Median Earnings
$1,005
Median Rent
$256,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - Metal-clad storage buildings with direct access from Hwy 9 and Hwy 71 under established easements.
Where is this self storage facility located?
The property is located at 18 Th Street Spirit Lake, IA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 37,200 square feet of storage space; Building dimensions include 60' x 200' and 60' x 210'; 20' wide x 14' tall garage doors at each building
More about this property
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