522 LAKE AVE, Storm Lake, IA 50588

Building Details

Year built

1900

Listing agent Bob Bauer License #S61309 Show Phone

Listing office Compass Real Estate of NW IA 222 W Milwaukee Ave, Storm Lake, IA Show Phone

Listing date Apr 23, 2026

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MLS# 832701

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.

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Overview

This historic brick commercial building reflects early 1900s character, including warm brick and inscribed stone reading “Louis Henne 1900.” The first-floor space features large windows, a painted brick fireplace, and a primarily open layout. Fitting rooms are included on the main level, which can support a variety of retail or service configurations. The building also includes a full basement.

Upstairs is accessed through a separate entrance. At the top of the landing, there is a small waiting room. Inside the upstairs space, you’ll find a reception area with a bathroom and two additional fitting rooms. The remainder of the upstairs layout includes two large dance studio areas. The property is located in historic downtown Storm Lake, Iowa.

For an owner-operator or buyer seeking ongoing income, Debra’s Dance Studio is currently established in the building and is noted as not closing, with the tenant expected to remain. The flexible main-level openness and fitting-room setup can also support alternate uses, while the upstairs suite’s separate access provides practical separation for multi-tenant or mixed-use needs.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Storm Lake

County

Buena Vista

State

Iowa

Longitude

-95.1635

Latitude

42.674

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FAQs

What type of property is this?

School - Early 1900s brick building with large windows, multiple fitting rooms, and a separate-upstairs studio suite.

Where is this school located?

The property is located at 522 LAKE AVE Storm Lake, IA.

What is the asking price?

The asking price for this property is $169,000.

What are key features of this property?

This property features: Commercial building built in 1900 with classic early‑1900s architecture, including warm brick and inscribed stone reading “Louis Henne 1900.”; Former Peach Blossom building and current home of Debra’s Dance Studio; Debra’s Dance Studio is stated to remain as a tenant for the new owner.; First‑floor space features large windows, a painted brick fireplace, and mainly open layout.