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Single-Story Brick Office Building
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106 E Main St, Lake Mills, IA 50450

Well-maintained one-story brick office building with a mix of private offices and open areas plus partial basement storage.

Property Size7,178 SF
Lot Size0.40 Acres
Price / SF$54.33
Days on Market168

Property Features for 106 E Main St

General Information

Standard status Active
Size 7,178 SF
Lot size 0.40 Acres
Property subtype Office
Investment Type Owner/User

Building Details

Year Built 1955
Year Renovated 1975
Buildings 1
Stories 1
Construction brick on block
Listing Agency: Colliers
Listed By: Mark Mills · License #IA # S66603000
Source: Crexi
Added: Mar 24 Changed: Aug 22 Last Checked: Sep 7 at 7:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers

Investment Insights

Based on property information with market context.

This well-maintained one-story brick office building was constructed on a block foundation and includes a partial basement for additional storage or support space. The roof consists of a metal gable system with composition materials. Inside, the space is laid out with a mix of private offices and open areas, providing a flexible configuration for professional office use. Heating and cooling are provided by gas forced air with central air conditioning.

The property is located in the downtown Lake Mills corridor at 106 E Main St, offering access to local services and businesses.

With approximately 7,178 SF of building area on a 17,445 SF lot, the building offers an efficient single-story layout and durable brick construction designed for long-term, low-maintenance ownership.

Key Highlights

  • 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

Property Analytics

Current Use

Norsemen Inc Trucking Company MBT Bank Insurance Agency Helland Keith Insurance Agency

Suggested Use

Top Pick Dental Office Real Estate Agency Nail Salon Pharmacy Grocery & Convenience Store (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

234
Businesses Nearby

Demographics for 50450, IA

2,827
Population
1,489
Households
1.9
Avg Household Size
45
Median Age
19%
College-Educated
96%
High-School Grad
84.5 sq mi
ZIP Area
33
Density / Sq Mi
$76,522
Median Household Income
$42,475
Median Earnings
$640
Median Rent
$157,500
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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Well-maintained one-story brick office building with a mix of private offices and open areas plus partial basement storage.
Where is this office building located?
The property is located at 106 E Main St Lake Mills, IA.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: 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
(515) 706-2699 Call to check price and availability
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