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Mixed-Use Property with Living Quarters
For Sale
$399,000

1901 32nd Street, Spirit Lake, IA 51331

COMMERCIAL, Spirit Lake, IA

Property SizeContact for details
Days on Market48

Property Features for 1901 32nd Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features Driveway
Interior features Kitchen Area
Directions *From Hwy 71, turn on to 32nd Street at Real Estate Unlimited and proceed to the complex.
Subdivision Dickinson
Standard status Active
APN 07-08-204-059

Taxes and HOA fees

Tax Year 2024
Tax Description UNIT 59 STORAGE CITY CONDOMINIUMS, SPIRIT LAKE, DCI. (Exact legal per Abstract.)
Tax Annual Amount 1352
Legal Description UNIT 59 STORAGE CITY CONDOMINIUMS, SPIRIT LAKE, DCI. (Exact legal per Abstract.)

Utilities

Sewer type Public Sewer
Heating system Space Heater, Wall Furnace
Water source Public

Building Details

Year built 2022
Building materials Metal Siding
Roof type Metal
Listing Agency: Stauss Realty
Listed By: JJ Newman · License #8330
Added: Jul 31 Changed: Sep 14 Last Checked: Sep 16 at 5:06PM
MLS# 260908

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.

Built in 2022, this mixed-use property combines a newly constructed stage and storage unit with renovated living quarters. The configuration brings business, hobby, recreational equipment, and residential functions together within one building, with a kitchen area included.

The property is located at 1901 32nd Street in Spirit Lake, near shopping, dining, entertainment, and everyday amenities. Public water and sewer serve the property. Metal siding and a metal roof provide the primary exterior and roofing materials, while heating is provided by a wall furnace and space heater. A driveway offers on-site parking access.

Key Highlights

  • 2022 construction with a newly built stage and storage unit
  • Renovated living quarters with kitchen area
  • Combined storage, workspace, and residential configuration

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick Parking Lot & Garage Law Firm Grocery & Convenience Store Auto Parts Store (Bike/Boat/Book/etc) Store Pharmacy

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

299
Businesses Nearby

Demographics for 51331, IA

1,102
Population
1,622
Households
0.7
Avg Household Size
61
Median Age
42%
College-Educated
98%
High-School Grad
1.6 sq mi
ZIP Area
689
Density / Sq Mi
$84,615
Median Household Income
$41,765
Median Earnings
$718
Median Rent
$415,800
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - New construction combines storage, workspace, and on-site residential quarters.
Where is this mixed-use property located?
The property is located at 1901 32nd Street Spirit Lake, IA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 2022 construction with a newly built stage and storage unit; Renovated living quarters with kitchen area; Combined storage, workspace, and residential configuration
More about this property
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