RE/MAX Lakes Realty presents this property located at 18 Th Street, Spirit Lake, IA 51360. MLS # 251156 with a price of $1,500,000.

General 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.

Legal: SPIRIT LAKE BEDELLS 5TH ADDLOT 1 & 1/2 of SPIRIT LAKE BEDELLS 2ND LOT 2

Status: Active