Bed & Breakfast

Spirit Lake, IA Bed & Breakfasts for Sale

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Orleans, IA Okoboji, IA Arnolds Park, IA Montgomery, IA Milford, IA Wahpeton, IA West Okoboji, IA Lake Park, IA
13-Room Bed and Breakfast
Updated: Oct 24
13-Room Bed and Breakfast

23131 Nature Center Road, Spirit Lake, IA 51360

$3,910,000
13 guest rooms across approximately 10,000 square feet on two acres
Eight accommodations feature whirlpools; all guest rooms or suites have private bathrooms and fireplaces
Owner/manager residence measures 1,793 square feet and includes an attached two‑car garage
24‑seat dining room, commercial kitchen, lobby retail area, and multiple guest lounges
15 parking spaces and two Level 2 EV chargers
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Spirit Lake, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Brick Restaurant with Lodging
Brick Restaurant with Lodging

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$450,000
4,820 sqft

Restaurant property with integrated lodging, public water, and forced-air heating.

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Turn-Key Inn with Annex
Turn-Key Inn with Annex

412 Spring Street, Galena, IL 61036

$850,000
10,342 sqft

Licensed inn property with multiple guest suites and additional annex space on Highway 20.

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Mixed-Use Restaurant and Lodging Property
Mixed-Use Restaurant and Lodging Property

106 North 16th Street, Clarinda, IA 51632

Contact for pricing

Restaurant, retail, catering, and lodging uses operate within the same property.

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Historic Six-Suite Bed & Breakfast
Historic Six-Suite Bed & Breakfast

412 Spring Street, Galena, IL 61036

$850,000
10,342 sqft 0.45 AC lot

Two-building hospitality property with guest accommodations, an annex, commercial kitchen, sauna, and downtown access.

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Spirit Lake, IA Bed & Breakfasts Market Trends and Statistics

Explore 1 bed & breakfasts for sale in Spirit Lake, IA on our real estate platform.

Sale prices for inns in Spirit Lake, IA average $3,910,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bed & breakfasts 1
Motels 1

Demographics Overview

Population 8,561
Population Growth (5Y) +4.7%
Median Household Income $77,464
College Educated 44.0%

Taxes & Financing

Tax Rate (average for all types) 1.70%
Property Tax per SF $16.92 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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