# 507 Erie, Storm Lake, IA 50588

> **TL;DR:** commercial, $225,000, built 1900. Est. $975/mo. Listed 20 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $225,000 |
| Year Built | 1900 |
| Lot Size | 7,841 sqft (0.18 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 20 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $975 |
| **Total** | **$975** |

## Property Highlights

- Built in 1900
- 0.18 acre lot

## Description

### Agent Description
A rare opportunity to own one of the community's most beloved establishments has arrived. For more than 30 years, Boz Wellz has been a trusted gathering place where friends meet, stories are shared, and memories are made. Now, this successful restaurant and bar is being offered for sale as a truly turn-key operation, including all furniture, fixtures, equipment, inventory, and the adjacent north parking lot. From the moment you step inside, the seasoned hardwood floors and warm, thoughtfully curated decor create an inviting atmosphere rich with character and history. At the heart of the space is the expansive bar - the undeniable centerpiece of the restaurant - where countless conversations and connections have unfolded over the years. Designed with both efficiency and versatility in mind, the property offers approximately 2,000 ft sq on each level. The main level features the restaurant and bar operations, while the impressive lower level expands the possibilities with a second full kitchen, extensive food preparation areas, catering capabilities, numerous refrigerators and freezers, abundant prep space, an office, and generous storage. Above the restaurant sits a stunning, fully renovated one-bedroom apartment that elevates this property even further. Whether utilized as an owner's residence, or an additional income opportunity, this luxurious living space is truly remarkable. The chef's kitchen is a showpiece, featuring custom hardwood cabinetry, high-end appliances, and a striking hammered copper sink. The spacious bedroom offers elegant two-tiered coffered ceilings, recessed lighting, and an enviable walk-in closet designed to impress. Welcoming warmth exudes with two gas fireplaces. This combination of proven business success, extensive infrastructure, included assets, additional parking , and luxury living space are exceptionally rare. Schedule your private tour today and explore the possibilities of owning a true community landmark..

## Location

- **Address:** 507 Erie, Storm Lake, IA 50588
- **County:** Buena Vista

## Listing Agent

- **Name:** Steven Brashears
- **Brokerage:** Compass Real Estate of NW IA
- **Phone:** 7122994684
- **Email:** sbrash20@gmail.com

## Primary Photo

![507 Erie - Primary Photo](http://lh.rdcpix.com/829eb9d9d62e61c39f197c6156107b9el-f4230279340r.jpg)

*50 total photos available on [listing page](https://www.propertysimple.com/listing/507-erie-storm-lake-ia-50588-a832948)*

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**MLS#:** 832948 | **Updated:** 2026-06-18
**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.com/listing/507-erie-storm-lake-ia-50588-a832948)

---

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