Storm Lake, IA Homes for Sale in 50588 and Real Estate MLS # 250233
$350,000
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General Description
Talk about opportunity, this mechanic shop with an attached apartment is the ideal setup for an owner-operator or an investor looking for rental income. Featuring a spacious shop with multiple service bays and 2 included lifts, this shop can be bringing income in very soon. The attached apartment is a 2 bedroom, one bathroom unit with private entrance as well as shop access for the perfect owner/operator set up. Looking more for investment potential? The unit currently brings in $750 per month with increases possible. This is a rare opportunity to own a profitable business in a great location with the convenience of on-site living or rental potential. Lift to the north side of the building is not included in the sale.
Legal: 01-29 STORM LAKE CORP HAYES E 73.38' LOTS 1-4
Sports Page is a fan favorite restaurant in Spencer, Iowa. With their never ending menu, with classic American food, its sure to please everyone that visits! With TV's everywhere you look, you won't miss any of the action, whether it be football, baseball, basketball, or any of the other major sports, Sports Page has you covered! This family friendly restaurant offers a comfortable atmosphere for all to enjoy.
Omaha Beach is on the north end of Echo Bay, extending out into Omaha Point. Known for its secluded private access from Lakeshore Drive, Omaha Beach properties are some of the most sought after on West Lake, easily fetching over $15000 per linear foot of lakeshore.
Bridges Bay Resort is built on the land purchased a few years prior which used to be owned by the Nielsen family of Arnolds Park. This huge complex consists of a hotel, 3 condo buildings (a 4th is under construction), and over 100 vacation cabins. A popular part of the resort is the indoor waterpark that cabin and condo owners have access to, but also, so does the public for a fee. Braccos is a fantastic summertime restaurant and bar which is frequented by boat, by car, and by foot, especially from the owners of the condos and cabins. All of the units at Bridges Bay have an opportunity for a boat hoist, and it is an extremely popular destination for out of towners looking for a vacation spot in Okoboji. Because Bridges Bay is not within the city limits, many owners utilize property management companies to help them rent their units by the day, week, and month. I've personally sold and shown many condo and cabin units and would be delighted to help.
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