Storefront

Lake City, IA Storefront Properties for Sale

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Brick Main Street Storefront
Updated: Sep 6, 2025
Brick Main Street Storefront

105 E Main Street, Lake City, IA 51449

Contact for pricing
1898 construction
Business/Commercial zoning
Brick construction
Forced‑air heating
Public water source
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Historic Carnegie Retail Space
Updated: Apr 28, 2025
Historic Carnegie Retail Space

120 N Illinois Street, Lake City, IA 51449

$85,000
1,833‑square‑foot main floor with approximately 1,800 SF basement
Built in 1900 as a Carnegie Library
Brick construction with high ceilings and large windows
Extensive interior and exterior renovations completed in 2016; updated in 2024
Previously operated as the Carnegie Cafe restaurant and bar
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Lake City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Storefront Property with Walk-Out Basement
Storefront Property with Walk-Out Basement

818 W Us Highway 30, Carroll, IA 51401

$395,000
0.30 AC lot

Brick-and-metal construction fronts US Highway 30 with public water service and forced-air heating.

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Retail Space with Updated Roof
Retail Space with Updated Roof

515 N Adams Street Unit 224, Carroll, IA 51401

$299,000
0.10 AC lot

Flexible commercial suite with exposure to Highway 30 and N Carroll Street.

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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.

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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

Lake City, IA Storefront Properties Market Trends and Statistics

Explore 2 storefront properties for sale in Lake City, IA on our real estate platform.

Sale prices for retail units in Lake City, IA average $85,000 — 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 2

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 $42.5K

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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