1304 South Market Street Lake Park, IA $ 319,900
1304 South Market Street
$ 319,900
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1304 South Market Street

Lake Park, IA, 51347
$ 319,900
Bedrooms-- Baths-- Sq 14,224

Monthly Estimate*

$ 1,996

1304 South Market Street, Lake Park, IA 51347 - Image 1
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1304 South Market Street, Lake Park, IA 51347 - Image 4
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1304 South Market Street, Lake Park, IA 51347 - Image 10
1304 South Market Street, Lake Park, IA 51347 - Image 11

Commercial Property for sale in Lake Park, IA

for $319,900. This 14,224 square foot building was built in 1973 on a lot size of 1.86.

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.

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Commercial Active

Price

$ 319,900

Property Type

Commercial

Taxes

$ 14,942

Style

Commercial

Lot Size

1.86

Year Built

1973

Town/City

Lake Park

County/Region

Dickinson

MLS | Web ID

251038

Features
General
Sewer Public Sewer
Construction Frame/Wood
Heating Boiler
Cooling None
Roof Metal
current use Other
Flood Zone No
Class COMMERCIAL
Assessments No
Type Commercial
Terms Cash Conventional
Yearly Taxes 14942
Accessibility Features No Stairs External No Stairs Internal
Tax Year 2024
Fuel Natural Gas
Status Active
Subdivision IA
Sale/Rent For Sale
Status Detail 0
Construction Materials Brick
Primary City Lake Park
Year Built 1973
City Lake Park
Total Sq Ft 14224
DOM 119
Secondary City Dickinson County
Postal Code 51347
Potential Short Sale No
Price Per Sq Ft Total AG 22.49
Public Remarks 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 conveni
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Exterior
Exterior Features High Traffic Location High Visibility Highway Access
Waterfront 0
Lot Size Source Assessor
Water Source Public/City
Parking Features Detached Garage Driveway-Asphalt
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* Excluded Features
List By
Seth Hellinga

Listing Agent

Real Estate Unlimited

Broker

(712) 320-0482

Phone

seth@reunlimited.com

Email

Affordability Calculator

$3,241
Per Month
62%
38%
0%
Monthly Principal & Interest
$1,996
Monthly Property Taxes
$1,245
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1883306 Elementary School
1883255 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/21/2025$319,900 -14.69% Price Down
8/12/2025$375,000 Listed Price

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1304 South Market Street, Lake Park, IA, 51347 is a Commercial Property for sale at $319,900 with 14,224 sqft and a lot size of 1.86. 1304 South Market Street was built in 1973. The property's zip code is 51347 which is in Lake Park, IA