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4 Beds
3 Baths
5,404 sqft

$184,000

114 E 3RD ST, Storm Lake IA, 50588

Price per sqft$34.05
Built in1903
Property size5,404 sqft
Property typeResidential

Overview

Active

Listed Jun 15, 2026

Updated Jul 25

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 character and quality that reflects 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!

$1,224/mo

Est. mortgage payment based on a $184,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
833408

Interior Features

Bedrooms
4
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.28 Acres

Listed by Bob Bauer with Compass Real Estate of NW IA
Listing Contact: 941-628-9143 

Based on information from Northwest Iowa Regional Board of REALTORS. as of 7/25/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. 

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