18 Th Street, Spirit Lake, IA 51360
Dickinson County
Key Facts
Description
Prime Storage Facility Investment Opportunity Located just off the highly trafficked Hwy 71 & 9, this is an exceptional opportunity for investors and business owners seeking large-scale storage space. The property consists of three substantial storage buildings: one measuring 60' x 200' and two at 60' x 210', totaling a massive 37,200 sq ft of space. Each building is equipped with 20' wide x 14' tall garage doors and a walk-in door, providing ample access for a variety of storage needs. Currently, the owner is surveying off the east building to retain, leaving the remaining three buildings available for purchase. These buildings can also be separated if desired, offering flexibility for future owners. With easements already in place, access to the property from Hwy 9 & 71 is seamless and convenient. All four buildings are currently leased with agreements in place until August 1, 2026, ensuring immediate cash flow for the new owner. Whether you're looking to expand your investment portfolio or need significant storage space, this property offers outstanding potential with prime location and steady income.
Property Information
Property Type
Commercial Sale
Year Built
2010
Lot Size
2.00 acres
Days on Market
144
MLS® Listing#
251156
Property Features
Parking
Construction
Roof
Financial Details
Annual Taxes
$15,635
Tax year 2023
Parcel Number
0705401027
Directions
Just behind the vacant lot next to Pizza Ranch.
Affordability Calculator
$300,000
Estimated monthly payment
$7,984/mo
Principal $1,200,000 · Est. interest $1,674,107 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Spirit Lake, IA
- $385,841
- Median Listing Price
- 67
- Median Days on Market
- 1,843
- Median Sq Ft
- $209
- Median Price / Sq Ft
- 310
- Active Listings
- This home’s price is 289% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Spirit Lake, IA.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 102 West Bay Road, Lake Park, IA | $1,065,000 | 5 | 3 | 3,456 |
| 25510 Pasture Road, Spirit Lake, IA | $1,149,000 | 3 | 3 | 2,160 |
| 4055 A 235th St, CLEAR LAKE, IA | $1,179,000 | 3 | — | 4,650 |
| 4055 A 235th St, CLEAR LAKE, IA | $1,179,000 | 3 | — | 4,650 |
| 4055 A 235th Street, Clear Lake, IA | $1,179,000 | 3 | 3 | 4,650 |
| 25329 182nd St, Spirit Lake, IA | $1,199,000 | 6 | 4 | 5,265 |
Moving Cost Estimate
Listing Courtesy: Hinn Real Estate - PRIM: 712-260-4776
Presented by: Doug Small