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About This Home

This 0-bedroom, 0-bathroom commercial at 1804 Okoboji Avenue in Milford, IA is listed for $450,000. Built in 1972, on a N/A lot.

Agent Description

Commercial property for sale at 1804 Okoboji Ave in Milford. This is a rare opportunity to own a three-parcel commercial property offering multiple income-producing and development options in a high-traffic, high-visibility location near Highway 71. The main building, formerly used as a chiropractor office, sits on approximately 0.25 acres and offers strong potential for a duplex conversion, short-term rental, or continued office or retail use.

Recent updates include two egress windows in the basement for additional living space, a new air conditioning system installed in summer 2025, and a new upstairs furnace installed in winter 2025. The middle parcel includes approximately 0.12 acres with a 24’ x 48’ garage or shop, ideal for storage, business use, or rental income.

The back lot, located off P Avenue, consists of approximately 0.20 acres of vacant land with excellent potential for a new shop, storage units, or future expansion. The property offers flexible development options, including keeping all three parcels, combining lots for a larger build, or creating multiple income streams.

Approximate lot dimensions are 146.5’ x 75’ for the main lot, 70’ x 75’ for the middle lot, and 95’ x 92’ for the back lot. In total, the property spans approximately 0.57 acres across three separate parcels, providing flexibility and added value for investors or business owners.

Key Features

  • Built in 1972

Property Details

1972

Monthly Cost Estimate

$2,407/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

1804 Okoboji Avenue

Milford, IA 51351

Property Details

Construction

Wood Siding

Parking

Driveway

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1804 Okoboji Avenue is listed at $450,000. The estimated monthly payment is $1,950 based on 20% down at 6.5% interest.

Key features include: Built in 1972.

This property is listed by Michael Jensen and can be reached at 7123207245 or michael@buygreatlakes.com.

MJ

Michael Jensen

Agent at Jensen Real Estate

(712) 320-7245

Listed by Jensen Real Estate · View on Broker Site

MLS# 260243· Source: listhub· Updated 3 days ago

Copyright © 2026 Iowa Great Lakes 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.

1804 Okoboji Avenue, Milford, IA 51351

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