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
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Disclaimer
Lonna Draayer at RE/MAX Lakes Realty and RE/MAX Lakes Realty provides these covenants/bylaws/horizontal propoerty regime declarations as a convenience, and in no way guarantees the accuracy of these documents, and in no way represents that these documents are up to date and/or legally binding. It is the responsibility of any potential buyer, seller, investor, and/or real estate agent to contact any association contact and/or the Dickinson County recorder's office in order to satisfy themselves as to the very latest available documents.
These documents are the property of Lonna Draayer at RE/MAX Lakes Realty and RE/MAX Lakes Realty. The downloading of these documents for use by any other Real Estate Agency is strictly prohibited.