1804 Okoboji Avenue Milford, IA $ 450,000
1804 Okoboji Avenue
$ 450,000
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1804 Okoboji Avenue

Milford, IA, 51351
$ 450,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,771

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Commercial Property for sale in Milford, IA

for $450,000. This building was built in 1972 on a lot size of 0.47.

Commercial property for sale at 1804 Okoboji Ave in Milford. This is a rare opportunity to own a three-parcel commercial property offering multiple income-producing and development options in a high-traffic, high-visibility location near Highway 71. The main building, formerly used as a chiropractor office, sits on approximately 0.25 acres and offers strong potential for a duplex conversion, short-term rental, or continued office or retail use. Recent updates include two egress windows in the basement for additional living space, a new air conditioning system installed in summer 2025, and a new upstairs furnace installed in winter 2025. The middle parcel includes approximately 0.12 acres with a 24’ x 48’ garage or shop, ideal for storage, business use, or rental income. The back lot, located off P Avenue, consists of approximately 0.20 acres of vacant land with excellent potential for a new shop, storage units, or future expansion. The property offers flexible development options, including keeping all three parcels, combining lots for a larger build, or creating multiple income streams. Approximate lot dimensions are 146.5’ x 75’ for the main lot, 70’ x 75’ for the middle lot, and 95’ x 92’ for the back lot. In total, the property spans approximately 0.57 acres across three separate parcels, providing flexibility and added value for investors or business owners.

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Commercial Active

Price

$ 450,000

Property Type

Commercial

Taxes

$ 4,578

Style

Commercial

Lot Size

0.47

Year Built

1972

Town/City

Milford

County/Region

Dickinson

MLS | Web ID

260243

Features
General
Sewer Public Sewer
Construction Frame/Wood
Heating Forced Air
Cooling Central
Roof Asphalt
current use Other
Flood Zone No
Class COMMERCIAL
Assessments No
Type Commercial
Yearly Taxes 4578
Tax Year 2024
Fuel Natural Gas
Status Active
Subdivision IA
Sale/Rent For Sale
Status Detail 0
Construction Materials Wood Siding
Primary City Milford
Year Built 1972
City Milford
DOM 2
Secondary City Dickinson County
Postal Code 51351
Potential Short Sale No
Public Remarks Commercial property for sale at 1804 Okoboji Ave in Milford. This is a rare opportunity to own a three-parcel commercial property offering multiple income-producing and development options in a high-
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Exterior
Waterfront 0
Lot Size Source Assessor
Water Source Public/City
Parking Features Driveway-Gravel
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* Excluded Features
List By
Michael Jensen

Listing Agent

Jensen Real Estate

Broker

(712) 320-7245

Phone

michael@buygreatlakes.com

Email

Affordability Calculator

$3,152
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,771
Monthly Property Taxes
$382
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4/10/2026$450,000 Listed Price

Map


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1804 Okoboji Avenue, Milford, IA, 51351 is a Commercial Property for sale at $450,000 with a lot size of 0.47. 1804 Okoboji Avenue was built in 1972. The property's zip code is 51351 which is in Milford, IA