About This Home

This 4-bedroom, 3-bathroom single family at 114 E 3RD ST in Storm Lake, IA is listed for $199,000 ($37 per sqft). Built in 1903, the home offers 5,404 sqft of living space on a 0.28 acres lot.

Key Features

  • Built in 1903
  • 0.28 acre lot
  • 2 stories

Property Details

2 stories
1 full, 1 half
1903
Listing Description

Unlock the possibilities with this truly unique property offering over 5,000 square feet of versatile space and dual residential/commercial zoning. Rich in history and character, this landmark property has served the community in a variety of capacities over the decades, including as a funeral home, church parsonage, daycare facility, and gathering space.

From the moment you enter, you`ll be welcomed by a stunning formal entry featuring original hardwood details and timeless craftsmanship that reflect the property`s historic charm. The main level offers an impressive combination of large open rooms and flexible spaces that can accommodate a wide range of needs.

Whether envisioned as gathering areas, meeting rooms, offices, reception spaces, lounges, classrooms, or expansive living areas, the possibilities are extensive. The second floor transitions into a more residential atmosphere, featuring multiple bedrooms, a kitchen, and comfortable living spaces that create an ideal environment for owner occupancy, staff housing, multi-generational living, or other residential uses.

The partially finished attic provides two additional bedrooms, adding even more flexibility and usable space. With its unique layout and dual zoning designation, this property presents an exceptional opportunity for entrepreneurs, investors, nonprofit organizations, community groups, or buyers seeking a live-work environment.

Potential future uses may include professional offices, counseling or therapy services, educational or training facilities, nonprofit headquarters, community center, event or meeting venue, co-working space, boutique lodging, assisted living or senior services (subject to approvals), group housing, church or ministry-related uses, artist studios, w

ellness center, daycare, mixed-use residential/commercial occupancy, or conversion to a spacious private residence. Properties with this combination of size, character, history, and zoning flexibility rarely become available!!!

Monthly Cost Estimate

$1,064/mo

20% down · 6.5% · 30 years

Principal$144
Interest$862
Insurance$58

Estimates only. Actual payments may vary.

Location

114 E 3RD ST

Storm Lake, IA 50588

Property Details

Heating

Baseboard

Cooling

DuctlessZoned

Questions & Answers

This 4-bedroom, 3-bathroom single family at 114 E 3RD ST is listed at $199,000 ($37/sqft). The estimated monthly payment is $1,064 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1903, 0.28 acre lot, 2 stories.

This property is listed by Bob Bauer and can be reached at 9416289143.

BB

Bob Bauer

Agent at Compass Real Estate of NW IA

(941) 628-9143

Listed by Compass Real Estate of NW IA · View on Broker Site

MLS# 833408· Source: listhub· 18 days on market

Copyright © 2026 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

114 E 3RD ST, Storm Lake, IA 50588

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