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Lake City, IA Retail Properties & Spaces for Sale

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Dollar General NNN Retail Lease
Updated: Apr 11
Dollar General NNN Retail Lease

103 N 37th Rd, Lake City, IA 51449

Contact for pricing
2016 build‑to‑suit Dollar General property on an absolute NNN lease structure
Remaining lease term of 8.24 years on an initial 15‑year lease
Absolute NNN lease with zero landlord responsibilities
20‑year term extension structure: five 5‑year renewal periods with 10% rent increases
Tenant is Dollar General Corporation with corporate guarantee
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Retail Storefront on Main Street
Updated: Sep 6, 2025
Retail Storefront on Main Street

105 E Main St, Lake City, IA 51449

$35,000
Storefront for sale with prominent Main Street visibility and access in Lake City.
Located on/near Lake City’s main street business corridor near the Quilt Shop, Hardware Store, and Opal Daisy boutique.
Near City Square with community events including a weekly summer Farmers Market, Chili Cook‑Off, Rodeo Days, Christmas Parade, and Betterment Potluck.
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Based on your search, we've compiled 56 Potential Opportunities for your consideration. Besides 2 Active listings in Lake City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 46 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Dollar General Store
Freestanding Dollar General Store

420 East Main Street, Sac City, IA 50583

$540,000
9,014 sqft 1.31 AC lot

NN+ leased Dollar General store in Sac City, Iowa.

View details
Wide Open Shop Retail Space
Wide Open Shop Retail Space

936 E Us Highway 30, Carroll, IA 51401

$294,500
0.50 AC lot

Open shop layout with space on a half-acre lot behind for an additional structure.

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Steel Flex and Warehouse Facility
Steel Flex and Warehouse Facility

1723 Radiant Road, Carroll, IA 51401

$1,600,000

Steel commercial facility with loading dock, office space, and an additional 2020 Morton building on U.S. Highway 30.

View details
Auto Parts Store on Main Street
Auto Parts Store on Main Street

1705 W Main Street, Sac City, IA 50583

$305,000

Turnkey auto parts store offering parts and supplies services at 1705 W Main Street.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land in Ashwood Business Park
Commercial Land in Ashwood Business Park

E 10th Street, Carroll, IA 51401

$75,000
1.72 AC lot

Shovel-ready commercial lot with utilities and easy access.

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Fort Dodge Commercial Land
Fort Dodge Commercial Land

S Tower Drive & Kenyon Road lot: 3 Triton Pl, Fort Dodge, IA 50501

$1,076,000
3.80 AC lot

3.8 acre commercial land for sale in Fort Dodge.

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Prime Lot in Fort Dodge
Prime Lot in Fort Dodge

FTD DIERSEN 2ND ADD lot: 3, Fort Dodge, IA 50501

$90,000
0.95 AC lot

High-traffic commercial lot near Wal-Mart and new hotel.

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Commercial Lot in Fort Dodge
Commercial Lot in Fort Dodge

FTD DIERSEN 2ND ADDITION lot: #5, Fort Dodge, IA 50501

$90,000
0.98 AC lot

Commercial lot with city utilities in place, great development opportunity.

View details

Off-Market Properties in Lake City, IA

Consider similar Off-Market properties in Lake City, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

113 Main St
RETAIL STORES (PERSONAL SERVICES)

113 Main St, Lake City, IA 51449-1731

Value Estimation by Request
2,480 sqft 0.06 AC lot
View details
101 Ctr St
RETAIL STORES (PERSONAL SERVICES)

101 Ctr St, Lake City, IA 51449-1701

Value Estimation by Request
5,265 sqft 0.07 AC lot
View details
205 Jefferson St
RETAIL STORES (PERSONAL SERVICES)

205 Jefferson St, Lake City, IA 51449-2019

Value Estimation by Request
2,072 sqft 0.10 AC lot
View details
821 Main St
GROCERY, SUPERMARKET

821 Main St, Lake City, IA 51449

$820,000
Estimated value
12,958 sqft 0.95 AC lot
View details
123 Ctr St
RETAIL STORES (PERSONAL SERVICES)

123 Ctr St, Lake City, IA 51449-1701

Value Estimation by Request
1,610 sqft 0.06 AC lot
View details
101 Ctr St
RETAIL STORES (PERSONAL SERVICES)

101 Ctr St, Lake City, IA 51449-1705

Value Estimation by Request
2,904 sqft 0.03 AC lot
View details
120 Illinois St
RETAIL STORES (PERSONAL SERVICES)

120 Illinois St, Lake City, IA 51449-1707

Value Estimation by Request
1,833 sqft 0.13 AC lot
View details
214 Main St
AUTO REPAIR, GARAGE

214 Main St, Lake City, IA 51449-1714

Value Estimation by Request
3,950 sqft 0.20 AC lot
View details
808 Main St
RESTAURANT

808 Main St, Lake City, IA 51449-1529

Value Estimation by Request
2,828 sqft 0.28 AC lot
View details
103 37th Rd
RETAIL STORES (PERSONAL SERVICES)

103 37th Rd, Lake City, IA 51449-3033

$630,000
Estimated value
9,100 sqft 1.55 AC lot
View details
1001 Main St
RETAIL STORES (PERSONAL SERVICES)

1001 Main St, Lake City, IA 51449

Value Estimation by Request
3,840 sqft 1.93 AC lot
View details
101 Woodlawn Ave
RETAIL STORES (PERSONAL SERVICES)

101 Woodlawn Ave, Lake City, IA 51449-1723

Value Estimation by Request
1,316 sqft 0.20 AC lot
View details
908 Main St
RETAIL STORES (PERSONAL SERVICES)

908 Main St, Lake City, IA 51449-1506

Value Estimation by Request
4,836 sqft 0.43 AC lot
View details
1201 Main St
VEHICLE SALES, RENTALS

1201 Main St, Lake City, IA 51449-1581

$565,000
Estimated value
22,312 sqft 4.55 AC lot
View details
109 Main St
RETAIL STORES (PERSONAL SERVICES)

109 Main St, Lake City, IA 51449-1712

Value Estimation by Request
8,800 sqft 0.12 AC lot
View details
107 Main St
RETAIL STORES (PERSONAL SERVICES)

107 Main St, Lake City, IA 51449-1712

Value Estimation by Request
2,508 sqft 0.06 AC lot
View details
103 Main St
RETAIL STORES (PERSONAL SERVICES)

103 Main St, Lake City, IA 51449-1712

Value Estimation by Request
1,452 sqft 0.03 AC lot
View details
1001 Main St
CONVENIENCE STORE

1001 Main St, Lake City, IA 51449-1561

Value Estimation by Request
2,720 sqft 0.65 AC lot
View details
110112 Ctr St
RETAIL STORES (PERSONAL SERVICES)

110112 Ctr St, Lake City, IA 51449

Value Estimation by Request
3,150 sqft 0.09 AC lot
View details
108 Ctr St
RETAIL STORES (PERSONAL SERVICES)

108 Ctr St, Lake City, IA 51449-1706

Value Estimation by Request
1,449 sqft 0.03 AC lot
View details
110 Noel St
GROCERY, SUPERMARKET

110 Noel St, Lake City, IA 51449

Value Estimation by Request
5,010 sqft 0.43 AC lot
View details
711 Main St
CONVENIENCE STORE

711 Main St, Lake City, IA 51449-1459

Value Estimation by Request
4,900 sqft 2.48 AC lot
View details

Lake City, IA Retail Properties & Spaces Market Trends and Statistics

Explore 48 retail properties & spaces for sale in Lake City, IA on our real estate platform.

Sale prices for stores in Lake City, IA average $35,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 1

Demographics Overview

Population 1,951
Population Growth (5Y) -9.7%
Median Household Income $66,750
College Educated 24.8%

Taxes & Financing

Tax Rate (average for all types) 1.94%
Property Tax per SF $20.02 per SF
Tax Rate vs County Average 0.25 pp above county avg
Average Loan-to-Value 65.0%

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