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    Lake City, IA Retail Space for Sale

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    Restored Brick Retail Space
    Updated: Apr 28, 2025
    Restored Brick Retail Space

    120 N Illinois Street, Lake City, IA 51449

    $99,000
    1,833‑square‑foot main floor configured for retail use
    Full basement of approximately 1,800 SF
    Brick building constructed in 1900
    Renovations completed in 2016 with updates in 2024
    Accessible elevator installed
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 34 Potential Opportunities for your consideration. Besides 1 Active listings in Lake City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 29 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Open Flex Space
    Open Flex Space

    936 E Us Highway 30, Carroll, IA 51401

    $284,500
    0.50 AC lot

    Shop-style commercial space with brick and metal siding, public utilities, and forced-air heating.

    View details
    Former Grocery Store Building
    Former Grocery Store Building

    1101 Main St, Manson, IA 50563

    $75,000
    6,290 sqft

    Existing commercial space offers a redevelopment opportunity with purchase or lease options.

    View details
    Flex Facility With Loading Dock
    Flex Facility With Loading Dock

    1723 Radiant Road, Carroll, IA 51401

    $1,300,000

    Steel flex facility with an open interior, existing offices, break room, and delivery infrastructure.

    View details
    Former Grocery Store Building
    Former Grocery Store Building

    1101 Main Street, Manson, IA 50563

    $75,000
    0.45 AC lot

    Commercial-zoned building requiring updates for redevelopment.

    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

    $160,000
    Estimated value
    2,480 sqft 0.06 AC lot
    View details
    101 Ctr St
    RETAIL STORES (PERSONAL SERVICES)

    101 Ctr St, Lake City, IA 51449-1701

    $260,000
    Estimated value
    5,265 sqft 0.07 AC lot
    View details
    205 Jefferson St
    RETAIL STORES (PERSONAL SERVICES)

    205 Jefferson St, Lake City, IA 51449-2019

    $165,000
    Estimated value
    2,072 sqft 0.10 AC lot
    View details
    123 Ctr St
    RETAIL STORES (PERSONAL SERVICES)

    123 Ctr St, Lake City, IA 51449-1701

    $165,000
    Estimated value
    1,610 sqft 0.06 AC lot
    View details
    101 Ctr St
    RETAIL STORES (PERSONAL SERVICES)

    101 Ctr St, Lake City, IA 51449-1705

    $275,000
    Estimated value
    2,904 sqft 0.03 AC lot
    View details
    120 Illinois St
    RETAIL STORES (PERSONAL SERVICES)

    120 Illinois St, Lake City, IA 51449-1707

    $255,000
    Estimated value
    1,833 sqft 0.13 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

    $240,000
    Estimated value
    3,840 sqft 1.93 AC lot
    View details
    101 Woodlawn Ave
    RETAIL STORES (PERSONAL SERVICES)

    101 Woodlawn Ave, Lake City, IA 51449-1723

    $200,000
    Estimated value
    1,316 sqft 0.20 AC lot
    View details
    908 Main St
    RETAIL STORES (PERSONAL SERVICES)

    908 Main St, Lake City, IA 51449-1506

    $255,000
    Estimated value
    4,836 sqft 0.43 AC lot
    View details
    109 Main St
    RETAIL STORES (PERSONAL SERVICES)

    109 Main St, Lake City, IA 51449-1712

    $260,000
    Estimated value
    8,800 sqft 0.12 AC lot
    View details
    107 Main St
    RETAIL STORES (PERSONAL SERVICES)

    107 Main St, Lake City, IA 51449-1712

    $230,000
    Estimated value
    2,508 sqft 0.06 AC lot
    View details
    103 Main St
    RETAIL STORES (PERSONAL SERVICES)

    103 Main St, Lake City, IA 51449-1712

    $200,000
    Estimated value
    1,452 sqft 0.03 AC lot
    View details
    110112 Ctr St
    RETAIL STORES (PERSONAL SERVICES)

    110112 Ctr St, Lake City, IA 51449

    $270,000
    Estimated value
    3,150 sqft 0.09 AC lot
    View details
    108 Ctr St
    RETAIL STORES (PERSONAL SERVICES)

    108 Ctr St, Lake City, IA 51449-1706

    $155,000
    Estimated value
    1,449 sqft 0.03 AC lot
    View details
    109 Main St
    RETAIL STORES (PERSONAL SERVICES)

    109 Main St, Lake City, IA 51449-1603

    $160,000
    Estimated value
    880 sqft 0.03 AC lot
    View details
    1009 Main St
    RETAIL STORES (PERSONAL SERVICES)

    1009 Main St, Lake City, IA 51449-1561

    $255,000
    Estimated value
    2,600 sqft 0.25 AC lot
    View details
    121 Main St
    RETAIL STORES (PERSONAL SERVICES)

    121 Main St, Lake City, IA 51449-1712

    $245,000
    Estimated value
    4,400 sqft 0.12 AC lot
    View details
    105 Main St
    RETAIL STORES (PERSONAL SERVICES)

    105 Main St, Lake City, IA 51449-1712

    $195,000
    Estimated value
    2,904 sqft 0.03 AC lot
    View details
    907 Main St
    RETAIL STORES (PERSONAL SERVICES)

    907 Main St, Lake City, IA 51449-1460

    $285,000
    Estimated value
    3,200 sqft 0.41 AC lot
    View details
    118 Main St
    RETAIL STORES (PERSONAL SERVICES)

    118 Main St, Lake City, IA 51449-1604

    $230,000
    Estimated value
    3,320 sqft 0.13 AC lot
    View details
    901 Main St
    RETAIL STORES (PERSONAL SERVICES)

    901 Main St, Lake City, IA 51449-1460

    $255,000
    Estimated value
    5,000 sqft 0.57 AC lot
    View details
    1321 Main St
    RETAIL STORES (PERSONAL SERVICES)

    1321 Main St, Lake City, IA 51449-1585

    $240,000
    Estimated value
    1,196 sqft
    View details

    Lake City, IA Retail Space Market Trends and Statistics

    Explore 30 retail space for sale in Lake City, IA on our real estate platform.

    Sale prices for retail space in Lake City, IA average $99,000 — 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%

    High-Yield Neighborhoods for Investment

    Identify Lake City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    51449 $49.5K

    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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