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Spirit Lake Storage Facility Investment

18 Th Street Spirit Lake, IA 51360

Claim this Listing
For Sale
$1,500,000

COMMERCIAL - Spirit Lake, IA

Property size:
37,200 SF
Price / SF:
$40/SF
Added:
Sep 8, 2025
Days on Market:
307
Last Refresh:
Jul 11 at 2:06 pm

Property Features for 18 Th Street

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
Driveway
Standard status
Active
APN
0705401027
Size
37,200 SF

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

Building Details

Year built
2010
Building materials
Metal Siding
Roof type
Metal

Listing agent Doug Small License #S70351

Listing office Hinn Real Estate 2916 Hwy 71 S PO Box 449, Spirit Lake, IA

Listing date Sep 8, 2025

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 commercial property, located just off Highways 71 and 9 in Spirit Lake, Iowa, presents an investment opportunity for business owners seeking large-scale storage space. The property includes three storage buildings: one measuring 60' x 200' and two at 60' x 210', totaling 37,200 sq ft of space. Each building features 20' wide x 14' tall garage doors and a walk-in door, providing access for storage needs. The owner is surveying off the east building to retain, leaving the remaining three buildings available for purchase. These buildings can also be separated if desired, offering flexibility for future owners. With easements in place, access to the property from Highways 9 and 71 is convenient. All four buildings are currently leased with agreements in place until August 1, 2026, ensuring immediate cash flow for the new owner. This property offers outstanding potential with its location and steady income.

Key Highlights

  • Prime location off high‑traffic Hwy 71 & 9.
  • Substantial storage space totaling 37,200 sq ft across three buildings.
  • Immediate cash flow with existing leases in place until August 1, 2026.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Self storage facilities

Suggested Use

Dental Office Big Box & Wholesale Store Hair Salon Storage Facility Pharmacy Building Supply Restaurant Skin Care Clinic Grocery & Convenience Store Nail Salon

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

FAQs

What type of property is this?
Self storage facility - Large storage facility with immediate cash flow potential.
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: Prime location off high‑traffic Hwy 71 & 9.; Substantial storage space totaling 37,200 sq ft across three buildings.; Immediate cash flow with existing leases in place until August 1, 2026.
Contact an agent
More about this property
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