1945 Highway 86Milford, IA 51351

Commercial · 4,200 Sq. ft.
$799,000 Active

1945 Highway 86 Overview

Time on Site:
115 days
Visits:
30

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.

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  • PublicSat. Jul 410:00AM - 11:30AM CDT
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1945 Highway 86 Facts & Features

  • Type Commercial
  • Sq. ft. 4,200
  • Price/Sq.ft. $190

Details

General

Building Information

  • Year Built: 1995

Location/Region

  • County Or Parish: Dickinson
  • Subdivision Name: NODLAND COMMERCIAL PARK

Tax Information

  • Tax Annual Amount: 5736.91
  • Tax Year: 2024

General Information

  • Parcel Number: 0626101022
  • Property Sub Type: Commercial
  • Property Type: COMMERCIAL

Interior

Building Interior

  • Building Area Total: 4200

General Information

  • Appliances: Cooktop,Dryer,Range/Stove,Refrigerator,Washer
  • Cooling: Window
  • Heating: Forced Air
  • Interior Features: Restrooms
  • Living Area Source: Assessor

Exterior

Lot Information

  • Lot Size Source: Assessor
  • Water Source: Rural/Municipality

Waterfront/View

  • Waterfront: 0

Building Exterior/Construction

  • Construction Materials: Metal Siding
  • Property Attached: 1
  • Roof: Metal

General Information

  • Exterior Features: Front Exposure,High Traffic Location,High Visibility,Highway Access
  • Number Of Units Total: 0
  • Road Frontage Type: Highway
  • Sewer: Public Sewer

1945 Highway 86 Neighborhood

Community

51351 (MILFORD) Demographics

46
Median Age
43
Population Density (per sq. mile)
44%
College Educated
$59,970
Estimated Median Income
1,655
Estimated Total Home Owners
383
Estimated Total Renters
81% / 19%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1945 Highway 86 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1945 Highway 86 Market Data

Based on the last 30 days in this zip code

$975,900
Average List Price
$431
Average Price per Square Foot
13
Properties Sold
74
Average Days on Market
49
Properties for Sale
Calculations provided by Reliance Network

1945 Highway 86 History

Date Event Value Agent
6/27/2026Source: Iowa Great Lakes MLS Price Reduction
$799,000 -3.2%
3/6/2026Source: Iowa Great Lakes MLS Added to Database
March 06, 2026
Listing provided courtesy of Sexton Real Estate- MLS# 260086MLS ProviderContact Information: PRIM: 712-320-3311