$1,250,000

The Iowa Great Lakes has long been one of the Midwest's premier lake destinations. But some of the most compelling opportunities aren't found where everyone is already looking. They're found just beyond it. This is the kind of project where the right developer can create a destination that doesn't just benefit from its proximity to the Iowa Great Lakes, but puts its own mark on them. Lake Park offers boating access, a golf course, parks and trails, local dining, boutique shopping, and a new elementary school, while the attractions, recreation and entertainment of the greater Iowa Great Lakes are nearby. Parcel 1 offers C-2 Highway Commercial Zoning, 490' +/- shoreline and 300' +/- highway frontage on 5.31 acres. Parcel 1 sits within a unique shovel ready development opportunity that includes water, sewer, and natural gas infrastructure in place, environmental permitting completed, 2,000'+ of Silver Lake Shoreline, 2,000'+ of Hwy 9 frontage, and dual zoning with 30 +/- acres Commercial Zoning and 13 +/- Acres Residential Zoning. This is a substantial waterfront property with the scale, location and flexibility to create something that leaves a lasting legacy on the region. Concept plans range from a destination resort with waterfront cottages and amenities to an event venue, residential subdivision and other commercial or recreational uses. There is a broad range of permitted commercial uses for Parcels 1–4, including hotel/motel, resort enterprise, restaurant, marine sales/service/storage, indoor and outdoor recreation, convenience store, retail, and other uses. Parcel 5 offers single family and two family residential uses, plus various special exception uses. Parcels 1, 4, 5, will be sold with Lake Access rights through Parcel 2. Parcel 2 will provide the service for, and receive the benefit from, other parcel lake access rights. Conceptual plans are shown for illustrative purposes and may require additional zoning or other governmental approvals. Division of land may be subject to limitations. Buyers should independently verify zoning, permitted uses, development feasibility and all applicable approvals.