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 commercial building features early 1900s architecture with warm brick and inscribed stone reading “Louis Henne 1900,” complemented by modern commercial detailing. The first-floor space includes large windows, a painted brick fireplace, and a primarily open layout with fitting rooms already in place for a retail use. The upstairs portion has its own separate entrance, leading to a small waiting room and additional interior space that includes a reception area, a bathroom, and two additional fitting rooms, along with two large studio areas. A full basement provides added storage or workspace potential.

The property is located in downtown Storm Lake at 522 Lake Ave. The building’s design includes street-level presence through the first-floor windows, with access to the upper unit handled independently via the separate entrance.

For buyers or operators seeking a multi-level commercial property, this building offers flexible interior arrangements that can support a retail, service, or studio concept, with fitting rooms already built out on the main and upper floors. Debra’s Dance Studio will remain as a tenant, providing continuity of occupancy for the next owner.

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?

Office units - Historic brick building with street-facing first floor and a separate-entry upstairs unit, currently leased to a dance studio.

Where is this office units 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 and inscribed stone reading “Louis Henne 1900.”; Former Peach Blossom building and current home of Debra's Dance Studio, with the studio remaining as a tenant.; First‑floor space features large windows, a painted brick fireplace, and a mainly open layout.