# 114 E 3RD ST, Storm Lake, IA 50588

> **TL;DR:** 4bd/3ba single family, $199,000 ($37/sqft), built 1903, 5,404 sqft. Est. $1,064/mo. Listed 18 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $199,000 |
| Price/sqft | $37 |
| Bedrooms | 4 |
| Bathrooms | 1 full, 1 half |
| Square Feet | 5,404 |
| Year Built | 1903 |
| Lot Size | 12,197 sqft (0.28 acres) |
| Stories | 2 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 18 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,006 |
| Estimated Insurance | $58 |
| **Total** | **$1,064** |

## Nearby Schools

- **Elementary:** Storm Lake
- **Middle:** Storm Lake
- **High:** Storm Lake

## Property Highlights

- Built in 1903
- 0.28 acre lot
- 2 stories

## Description

### Agent 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, wellness 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!!!

## Location

- **Address:** 114 E 3RD ST, Storm Lake, IA 50588
- **County:** Buena Vista
- **Coordinates:** 42.640551, -95.199846
- **Google Maps:** https://www.google.com/maps?q=42.640551,-95.199846

## Listing Agent

- **Name:** Bob Bauer
- **Brokerage:** Compass Real Estate of NW IA
- **Phone:** 9416289143

## Primary Photo

![114 E 3RD ST - Primary Photo](http://lh.rdcpix.com/d9c1ba3e2274c1700b354ee7b78d67ael-f2961251978r.jpg)

*47 total photos available on [listing page](https://www.propertysimple.ai/listing/114-e-3rd-st-storm-lake-ia-50588-a833408)*

---

**MLS#:** 833408 | **Updated:** 2026-08-01
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/114-e-3rd-st-storm-lake-ia-50588-a833408)

---

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