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50588, IA Storm Lake, 114 3RD ST E

$199,000

  • MLS# 833408
  • Bedrooms 4
  • Bathrooms 3
  • Total Sq.ft 5,404
  • Property Type Residential
  • Style 2 Story
  • Basement Unfinished
  • Year Built 1903

Property Description

Unlock the possibilities with this truly unique property offering over 5,000 square feet of versatile space and dual residential/commercial zoning. Rich in history and character, this landmark property has served the community in a variety of capacities over the decades, including as a funeral home, church parsonage, daycare facility, and gathering space. From the moment you enter, you'll be welcomed by a stunning formal entry featuring original hardwood details and timeless craftsmanship that reflect the property's historic charm. The main level offers an impressive combination of large open rooms and flexible spaces that can accommodate a wide range of needs. Whether envisioned as gathering areas, meeting rooms, offices, reception spaces, lounges, classrooms, or expansive living areas, the possibilities are extensive. The second floor transitions into a more residential atmosphere, featuring multiple bedrooms, a kitchen, and comfortable living spaces that create an ideal environment for owner occupancy, staff housing, multi-generational living, or other residential uses. The partially finished attic provides two additional bedrooms, adding even more flexibility and usable space. With its unique layout and dual zoning designation, this property presents an exceptional opportunity for entrepreneurs, investors, nonprofit organizations, community groups, or buyers seeking a live-work environment. Potential future uses may include professional offices, counseling or therapy services, educational or training facilities, nonprofit headquarters, community center, event or meeting venue, co-working space, boutique lodging, assisted living or senior services (subject to approvals), group housing, church or ministry-related uses, artist studios, wellness center, daycare, mixed-use residential/commercial occupancy, or conversion to a spacious private residence. Properties with this combination of size, character, history, and zoning flexibility rarely become available!

Legal: 11-40 STORM LAKE CORP HAYES E 75' LOTS 11 & 12
Active

Property Information

  • 833408
  • $199,000
  • 114 E 3RD ST
  • Surrounding Areas/Other Areas
  • Storm Lake
  • Buena Vista
  • IA
  • Sale
  • Residential
  • Single Family
  • 2 Story
  • Unfinished
  • 5404
  • 2
  • Attached
  • 1
  • 1903
  • 3
  • 4
  • 50588

LISTED BY

Compass Real Estate of NW IA, Bob Bauer (941.628.9143) & Compass Real Estate of NW IA, Selena Flores (712.730.1468)

Property Location

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Request Info For MLS #833408

Rachel Carlson - REALTOR/OWNER, Pricing Strategy Advisor (PSA)

Rachel Carlson

REALTOR/OWNER, Pricing Strategy Advisor (PSA)

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