802 Lake Street IA 51360

With 10,000 +- square feet on the MAIN level, and a private parking lot with parking for 9 vehicles, finding a value like this in the commercial market place will not come this way again. Building has had many remodels & updates through the years and the building features high quality thermopane windows, beautiful high ceilings, a total of 4 bathrooms, 2 break rooms, and multiple office spaces, plus an entire basement for storage (and potential for more office space), this building comes in at less than $38.00 per square foot, and that is just for the main level! Owned by the YMCA since 2014, $188,000 has been spent for upgrades and/or repairs (see list under documents on Flex) making all the hard dollars already spent. This building would be easy for the investor or end user to make multiple storefronts. And, with the financial assistance from the city of Spirit Lake for building front enhancements/repairs, well...what a TREMENDOUS value. (more info. about property under 'documents')

Legal: SPIRIT LAKE ORIGINAL TOWNE 78.7' OF LOT 1 & E 78.7'OF S 16' OF LOT 2 BLK 31 AND WEST 53.3' OF LOT 1 & WEST 53.3' OF SOUTH 16' OF LOT 2 BLK 31 AND E 18 11/12' OF LOTS 9 & 10 BLKC 31 ORIGNAL TOWN, DCI EXACT LEGAL PER ABSTRACT