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Renovated Flex Space with Offices
For Sale
$309,000

815 W Milwaukee Ave, Storm Lake, IA 50588

Recently updated commercial space combines professional offices, climate-controlled storage, and a warehouse/garage component.

Property SizeContact for details
Days on Market196

Property Features for 815 W Milwaukee Ave

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $3,044
Listing Agency: Rob Smith Homes & Land
Listed By: Robert Smith · License #B60368
Source: Exprealty
Added: Feb 16 Changed: Aug 31 Last Checked: Aug 30 at 11:35PM

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 Rob Smith Homes & Land

Investment Insights

Based on property information with market context.

Located at 815 W Milwaukee Ave in Storm Lake, this renovated flex space combines a professional office component with substantial storage and vehicle-oriented utility. The interior includes a reception area, three offices with internal and external windows, a conference room, and a workroom equipped with cabinetry and counter space. A separate climate-controlled storage area measures over 400 square feet, while the 1500 sq foot warehouse/garage area includes two overhead doors and room for up to six vehicles.

The property is positioned on West Milwaukee with a reported daily traffic count of nearly 6, 000 vehicles per day. Its updated facade includes a large marquee area for business signage. Community Commercial zoning applies, with future permitted uses subject to buyer verification.

Key Highlights

  • Flex space recently renovated from top to bottom
  • Three offices, reception area, conference room, and cabinetry‑equipped workroom
  • Over 400 square feet of climate controlled storage

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick HVAC Service Real Estate Agency Barber Shop Electrical Service Skin Care Clinic Big Box & Wholesale 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

475
Businesses Nearby
Under-served
Demand for This Use

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 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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Similar Off Market Nearby

  • Hy-Vee Catering 1250 Lake Ave N, Storm Lake, IA 50588

Frequently Asked Questions

What type of property is this?
Flex space - Recently updated commercial space combines professional offices, climate-controlled storage, and a warehouse/garage component.
Where is this flex space located?
The property is located at 815 W Milwaukee Ave Storm Lake, IA.
What is the asking price?
The asking price for this property is $309,000.
What are key features of this property?
This property features: Flex space recently renovated from top to bottom; Three offices, reception area, conference room, and cabinetry‑equipped workroom; Over 400 square feet of climate controlled storage
More about this property
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