Corner Restaurant
For Sale
$125,000
435 Lake Ave, Storm Lake, IA 50588
Commercial, Storm Lake, IA
Property Size1,290 SF
Lot Size0.11 Acres
Price / SF$96.90
Days on Market37
Property Features for 435 Lake Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Other Default
Standard status
Active
APN
1403255001
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Per Abstract
Tax Annual Amount
2014
Legal Description
Per Abstract
Building Details
Year built
1931
Listing Agency:
Compass Real Estate of NW IA
(941) 628-9143
Listed By:
Steven Brashears · License #S58624
(712) 299-4684
Added: Jul 30
Changed: Sep 2
Last Checked: Sep 4 at 8:06PM
MLS# 834019
Copyright © 2026 Northwest Iowa Regional 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 1,290-square-foot commercial building was constructed in 1931 and previously operated as a restaurant. The interior includes a bar area, existing fixtures, and cooking equipment. Updated central air conditioning is also in place. The layout is described as adaptable for restaurant, bar, cafe, retail, or other commercial use.
The property occupies a 0.11-acre corner lot at Lake Avenue and Railroad Street in Storm Lake. A prominent corner sign is installed and can be customized with new business identification. The combination of restaurant infrastructure, included equipment, and visible corner positioning supports continued food-and-beverage use or another commercial concept.
The property occupies a 0.11-acre corner lot at Lake Avenue and Railroad Street in Storm Lake. A prominent corner sign is installed and can be customized with new business identification. The combination of restaurant infrastructure, included equipment, and visible corner positioning supports continued food-and-beverage use or another commercial concept.
Key Highlights
- 1,290‑square‑foot commercial building on a 0.11‑acre lot
- Corner location at Lake Avenue and Railroad Street
- Existing fixtures and cooking equipment included
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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 Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant-oriented commercial building with a bar area, cooking equipment, updated central air, and a customizable corner sign.
Where is this conventional restaurant located?
The property is located at 435 Lake Ave Storm Lake, IA.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 1,290‑square‑foot commercial building on a 0.11‑acre lot; Corner location at Lake Avenue and Railroad Street; Existing fixtures and cooking equipment included
