1304 South Market Street, Lake Park, IA 51347

Lake Park, IA Homes for Sale in 51347 and Real Estate MLS # 251038

$375,000

  • N/A
  • N/A
  • 14224
  • Active

General Description

Attention investors and redevelopers! This expansive 14,000+ sq ft property is for the visionary looking for opportunity. Located on the main entrance to Lake Park the 1.86 acre +/- parcel is conveniently located in a thriving community with demand for many different use types of the property. The property could be renovated as an attractive independent / assisted living facility, it could be made into apartments, office suits, retail space, a daycare, or — whatever you can imagine! As the property sits currently, there are 29 bedrooms, 20 bathrooms, and multiple additional spaces; including a large scale living room, dining room, and kitchen, multiple storage rooms, and staff rooms. At just over $26 a sq ft this property is ideal for redevelopment into a community asset and cash flowing asset. *Please note many uses for the property, including those listed, may require zoning approvals through the City of Lake Park.

Legal: Lake Park 2nd Addn Lakeside Out Lot A AND N 308.66' of Out Lot B. Dickinson County, Lake Park IA. Exact Legal per abstract and warranty deed.
Status: Active

Property Information

251038

$375,000

Sale

Commercial

COMMERCIAL

1304 South Market Street

Lake Park

IA

51347

14224

0.00

14942

2024

1973

Utilities

No

LISTED BY

Real Estate Unlimited, Seth Hellinga (712.320.0482)

PROPERTY LOCATION

MORTGAGE CALCULATOR


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Price Decreased
RE/MAX Lakes Realty - Licensed In Iowa,Minnesota Each Office Independently Owned And Operated.

RE/MAX Lakes Realty

Licensed In Iowa,Minnesota Each Office Independently Owned And Operated.

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COMMUNITY

Silver Lake Campgrounds

Silver Lake Campgrounds in Lake Park

Lake Park has a couple choices to choose from when deciding to camp on Silver Lake. Both campground are on the lake and offer daily, weekly, monthly or even seasonal rates. The one "in town" is a great spot located near the public pool, ball fields, the city park, public fishing dock, and the dam that flows out of Silver Lake. The camping season runs from April 15 to October 15 each year. Click the link to find more information as well as their camping rates.

Real Estate and MLS Homes For Sale in Lake Park

Disc Golf in Lake Park

Disc Golf in Lake Park in Lake Park

In 2012, thanks to many local sponsors the city of Lake Park was able to build and design a 9 hole disc golf course. Nestled around the city park, pool, campground, and football field, the disc golf course offers some great challenging holes. The course was designed by Lake Park disc golf enthusiasts Nicholas Hemphill and Tristam Nebelsick. Disc Golfing offers a family friendly opportunity get out and enjoy the outdoors.

Real Estate and MLS Homes For Sale in Lake Park

Lake Park Housing Authority

Lake Park Housing Authority in Lake Park

In 2013 the Lake Park Housing Authority was established to provide assistance to low and moderate income housing. The Dickinson County Board of Supervisors voted to release over $400,000 of TIF monies from two housing development projects to the Lake Park Housing Authority. The housing authorities goal is to preserve the Lake Park housing Stock, ensure safe housing and give assistance to rehab dwellings in Lake Park, increase owner occupied housing, down payment assistance. Funds of up to $25,000 are available for eligible applicants.

Real Estate and MLS Homes For Sale in Lake Park

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