410 Oneida Street, Storm Lake, IA 50588 for Sale

MLS #250233 | Bojihomes.com

$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
Status: Active

Property Information

250233

$350,000

Sale

Commercial

COMMERCIAL

410 Oneida Street

Storm Lake

IA

50588

4310

2024

1971

Utilities

No

LISTED BY

EXIT Realty Midwest, Megan Jewell (712.336.3405)

PROPERTY LOCATION

MORTGAGE CALCULATOR


Will Kretsinger - REALTOR

Will Kretsinger

REALTOR

Aaron Jones - ABR | SRS, RE/MAX Hall of Fame & Lifetime Achievem

Aaron Jones

ABR | SRS, RE/MAX Hall of Fame & Lifetime Achievem

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COMMUNITY

"The Tressle"

"The Tressle" bridge used to carry the old railroad that traversed the area. Now the tressle is home to some of the areas best fishing. Served as a hot spot for fisherman, and a trail for walkers and bikers, the tressle is a classic structure of the Okobojis. We spent days jumping off of the tressle doing cannonballs, preachers, flips and the like. I know in my life my friends and I have caught literally tens of thousands of crappie and blue gill off the tressle bridge.

Real Estate and MLS Homes For Sale in East Lake Okoboji

The Coffee Shop

This quaint coffee shop in downtown Milford, IA is the talk of the town. You must stop in for a hot or cold drink and enjoy the atmosphere of this eclectic cafe. Locals and visitors alike enjoy meeting at this town favorite.

Real Estate and MLS Homes For Sale in Milford

Cheap vs high end quality. A buyer's perspective.

Cheap vs high end quality.  A buyer's perspective. in The

Here's the scenario. You are building a house or remodeling your house. Material costs are up. Labor costs are up. You ask yourself, where can I save a buck? Before answering this question, you must be careful, especially if your home is located in an area where other quality homes are built, whether on the lake, off the lake, or in higher valued developments such as golf course developments, etc. Growing up in construction and with a plethora of new construction and remodels under my belt, let me share with you some of the easy things that your future buyers will recognize when they are looking for quality.
1. One of the first things buyers of higher end homes will look for is to determine if the owner used hollow core doors. It's an immediate sign that the seller was looking for ways to save money (where else then did they cut back that I can't see???)
2. The second most obvious is the counter tops. Did the sellers spend for a quality granite, quartz, or other hard surface, or was formica used?
3. The third item that might stick out is the cabinetry. Do the drawers have dovetail construction with hardwoods? Did they use "soft close" drawers? Are there pull outs for the pots and pans?
4. Flooring is an easy one also. Was laminate used, or is it engineered or hardwoods? Does the carpet convey a quality feel and plushness? Is there a nice thick pad underneath the carpet?
5. Though there are many other items to look at, cheap vs quality lighting and plumbing fixtures are probably the next major focus.

There is nothing wrong with with using lower cost materials, especially when trying to keep a project within budget, especially when trying to build more house for less money. Just be aware that most buyers looking to spend in excess of $300k for off lake homes and $500+ for East Lake chain homes, and $1M+ for West and Big Spirit will expect the very best materials and finishes.

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