Corner Lot Restaurant
New
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 Market3
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: Jul 31
Last Checked: Aug 1 at 6:06AM
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.
Restaurant building on a prominent corner lot at Lake Avenue and Railroad Street. The property includes a 1,290-square-foot commercial interior with a layout that supports a range of concepts, including restaurant, bar, café, retail, or other commercial use. The sale includes existing fixtures and cooking equipment, offering an operational starting point for a new owner.
A spacious bar area is built into the existing plan, and a large, highly visible sign on the corner is ready to be customized. Recent improvements include updated central air conditioning for added comfort and efficiency. The building was constructed in 1931.
Set on a 0.11-acre parcel, this property’s configuration and included equipment may appeal to buyers looking for a restaurant-oriented space with ready-to-go components and strong street-corner presence.
A spacious bar area is built into the existing plan, and a large, highly visible sign on the corner is ready to be customized. Recent improvements include updated central air conditioning for added comfort and efficiency. The building was constructed in 1931.
Set on a 0.11-acre parcel, this property’s configuration and included equipment may appeal to buyers looking for a restaurant-oriented space with ready-to-go components and strong street-corner presence.
Key Highlights
- 1,290‑square‑foot commercial restaurant building
- 0.11‑acre corner lot at Lake Avenue and Railroad Street
- Includes existing fixtures and cooking equipment
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
650
Businesses Nearby
81k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 22%
Groceries 16%
Apparel 4%
McDonald's
Dining
19,059 visits/mo
0.4 miles
Casey's
Shops & Services
17,600 visits/mo
0.4 miles
Fareway
Groceries
13,179 visits/mo
0.4 miles
Scooter's Coffee
Dining
7,765 visits/mo
0.5 miles
Pizza Ranch
Dining
7,621 visits/mo
0.4 miles
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
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant building on a corner lot with included fixtures and cooking equipment plus updated central air conditioning.
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 restaurant building; 0.11‑acre corner lot at Lake Avenue and Railroad Street; Includes existing fixtures and cooking equipment
