Property 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.
Listing courtesy of Michael Jensen - Jensen Real Estate - PRIM: 712-320-7245