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Executive Summary

Commercial Opportunity in a Prime Okoboji Location. Don’t miss this exceptional opportunity to own a versatile commercial property in a highly desirable location. Offering just under 200 feet of Highway 86 frontage and situated on over one acre of land, this property is ideally positioned across from West Lake Okoboji and near the Emerson Bay boat ramp. The 4,200-square-foot building features multiple work bays ideal for working on boats, vehicles, or a variety of business uses, along with several office spaces to support daily operations. Upstairs, you’ll find a well-kept one-bedroom, one-bath apartment of approximately 700 square feet, complete with included appliances. Whether you’re looking to expand your business, invest in commercial real estate, or secure a multi-use property in a high-visibility location, this property offers outstanding potential and endless possibilities.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,200 SF
Building Class
C
Year Built
1995
Price
$825,000
Price Per SF
$196.43
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,200 SF
Building FAR
0.08
Lot Size
1.16 AC

Amenities

  • Storage Space
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
06-26-101-022
Land Assessment
$95,400
Improvements Assessment
$353,700
Total Assessment
$449,100
  • Listing ID: 40570554

  • Date on Market: 5/18/2026

  • Last Updated:

  • Address: 1945 Highway 86, Milford, IA 51351

Contact the Sale Advisor

1945 Highway 86

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