Prime commercial space available in the bustling downtown area of Lake Mills, perfect for any business looking to thrive in a high-traffic location. This two-level (main + full finished basement) brick building offers over 7,000 sf of versatile space, with a spacious showroom, open areas for fitness classes, private rooms, offices, and ample storage. The lower level includes a separate entrance for added convenience and potential rental income, currently rented at $475. Ideal for retail, office, restaurant, bar & grill, and more. Don't miss out on this opportunity to establish your business in this dynamic location! Contact us today for a tour. *Contents available separately- spreadsheet available upon request for qualified buyers*
Well maintained commercial building is currently the home of a well-established massage business. Located in the heart of Lake Mills, the location doesn't get any better! 3 private rooms/offices, 1 portable room, 1-bathroom, large front entry/lobby area makes up the approx. 1,100 sqft this building has to offer. The basement is wide open and would be great for additional storage. Some of the personal property is included in the sale, making it even easier for you to move in and get right to business; whatever type of business it may be.
INVESTMENT OPPORTUNITY! Don't miss out on your chance to own the iconic North Branch (Former Silverado's) in Lake Mills. This bar/lounge is a favorite spot for locals and visitors alike. With 1,886 square feet of space, including a sit-up bar, walk-in cooler, tables & chairs, and even a pizza oven for some scrumptious bar food, this establishment is ready for new owners to take it to the next level. Enjoy the added perks of a pool table, jukebox, 4 video gambling machines & an ATM rented from RedLine. Another highlight of this property is the spacious nearly 1,000 square foot back deck, perfect for summer gatherings or a game of bags! Convenient city-owned parking lot on North side of building. Take advantage of this unique opportunity to own a piece of Lake Mills history while producing income! The potential here is UNLIMITED.
The median home value in Lake Mills, IA is $212,500. This is higher than the county median home value of $126,000. The national median home value is $338,100. The average price of homes sold in Lake Mills, IA is $212,500. Approximately 60.48% of Lake Mills homes are owned, compared to 29.19% rented, while 10.33% are vacant. Lake Mills real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake Mills real estate agent to arrange a tour today!
Lake Mills, Iowa has a population of 2,101. Lake Mills is less family-centric than the surrounding county with 24.43% of the households containing married families with children. The county average for households married with children is 24.74%.
The median household income in Lake Mills, Iowa is $62,800. The median household income for the surrounding county is $56,578 compared to the national median of $69,021. The median age of people living in Lake Mills is 41.2 years.
The average high temperature in July is 81.7 degrees, with an average low temperature in January of 5.4 degrees. The average rainfall is approximately 34.4 inches per year, with 36.6 inches of snow per year.