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    Le Mars, IA Commercial Real Estate for Sale

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    Merrill, IA Remsen, IA Hinton, IA
    7 listings
    Three-Floor Hotel with 60 Rooms
    $1,399,999
    2.30 Acres
    Three-Floor Hotel with 60 Rooms

    Le Mars, IA 51031

    60-room hotel with interior corridors, PTAC units, and an attached event room plus on-site laundry and vending.
    • 60‑room hotel built in 1989 with interior corridors across 3 floors
    • Room mix includes 2 deluxe suites, 4 standard suites, 10 standard room (king beds), 43 rooms (two double beds), and 1 standard suite (queen bed ADA)
    • PTAC units in each room; shingle roof—main building shingles replaced in 2016 with updates in 2017
    • On‑site amenities include complimentary breakfast area, security cameras, and coin‑operated W/D plus vending
    • Attached event room offers 1,800 SF with its own bathroom, water heater, and electrical panel
    Updated: Mar 5
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    Renovated Mixed-Use Retail Building
    $599,000
    0.09 Acres
    Renovated Mixed-Use Retail Building

    Le Mars, IA 51031

    Fully renovated historic storefront with two upstairs apartments, supported by stated $3,000/month rental income.
    • Built in 1895 and fully renovated historic commercial building with preserved architectural character.
    • Features exposed brick, original tin ceilings, and restored historic architectural details.
    • Upstairs offers two apartments, providing rental income alongside the commercial space.
    • Reported rental income is $3,000 per month.
    • Renovations include a new roof and windows, plus updates to mechanical, plumbing, and electrical systems.
    Updated: Feb 27
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    Two-Story Retail Building with Lease
    $125,000
    0.05 Acres
    Two-Story Retail Building with Lease

    Two-story retail building with leased main level while the second floor is currently not usable.

    Le Mars, IA 51031

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    Two-Story Commercial Building
    $300,000
    0.09 Acres
    Two-Story Commercial Building

    Historic two-story commercial building with split main floor and partially finished upper level in need of repairs.

    Le Mars, IA 51031

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    Commercial Land for New Business
    $180,000
    0.34 Acres
    Commercial Land for New Business

    Two commercial lots on a main street in LeMars offer space to build a new business location.

    Le Mars, IA 51031

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    Heated Commercial Storage Unit
    $192,000
    0.15 Acres
    Heated Commercial Storage Unit

    Large storage unit with in-floor radiant heat, a 14' overhead door, and keyless, code-based access.

    Le Mars, IA 51031

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    60-Unit Hotel in LeMars, Iowa
    $1,399,999
    23,869 SF
    60-Unit Hotel in LeMars, Iowa

    60-unit hotel with event room in high-traffic area.

    1201 Hawkeye Ave SW, Le Mars, IA 51031

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Le Mars, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Historic Building in Downtown Remsen
    Contact for pricing
    2,538 SF
    Historic Building in Downtown Remsen

    Restored commercial space ready for build out in Remsen.

    260-262 S Washington Street, Remsen, IA 51050

    View details
    Restored Brick Corner Retail Building
    Contact for pricing
    0.12 Acres
    Restored Brick Corner Retail Building

    Fully restored brick storefront with new windows and doors, offering flexible single or split retail space plus optional basement.

    260-262 S Washington Street, Remsen, IA 51050

    View details
    Land For Sale in Hinton
    $59,995
    0.37 Acres
    Land For Sale in Hinton

    Land ready to dig in 30 days in Hinton, IA.

    BlackHawk Ridge lot: 26, Hinton, IA 51024

    View details
    Land in Hinton, Iowa
    $73,000
    0.50 Acres
    Land in Hinton, Iowa

    Land for sale with a view in Hinton, Iowa.

    Tucker Hill Dr - REPLAT lot: 17, Hinton, IA 51024

    View details

    Off-Market Properties in Le Mars, IA

    Consider similar Off-Market properties in Le Mars, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Le Mars, IA 51031
    MANUFACTURING (LIGHT)
    6,720 SF Lot: 0.34 Acres
    Value Estimation by Request

    Le Mars, IA 51031

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    1391 1st SE St
    DAY CARE, PRE-SCHOOL
    2,536 SF Lot: 0.57 Acres
    Value Estimation by Request

    1391 1st SE St, Le Mars, IA 51031-1794

    View details
    410 4th SW St
    RESTAURANT
    2,171 SF Lot: 0.28 Acres
    Value Estimation by Request

    410 4th SW St, Le Mars, IA 51031-1910

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    37 1st NW Ave
    FINANCIAL BUILDING
    17,254 SF Lot: 0.62 Acres
    Value Estimation by Request

    37 1st NW Ave, Le Mars, IA 51031-3511

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    1105 Hawkeye SW Ave
    VACANT COMMERCIAL LAND
    Lot: 0.40 Acres
    Estimated value
    $1,285,000

    1105 Hawkeye SW Ave, Le Mars, IA 51031-1864

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    724 Plymouth SW St
    VETERINARY, ANIMAL HOSPITAL
    3,410 SF Lot: 1.11 Acres
    Value Estimation by Request

    724 Plymouth SW St, Le Mars, IA 51031-3409

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    1345 12th SW Ave
    WAREHOUSE, STORAGE
    21,800 SF Lot: 4.16 Acres
    Estimated value
    $650,000

    1345 12th SW Ave, Le Mars, IA 51031-3017

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    Industrial SW Rd
    WAREHOUSE, STORAGE
    3,080 SF Lot: 2.94 Acres
    Value Estimation by Request

    Industrial SW Rd, Le Mars, IA 51031

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    1822 24th SW St
    WAREHOUSE, STORAGE
    16,000 SF Lot: 1.63 Acres
    Estimated value
    $1,250,000

    1822 24th SW St, Le Mars, IA 51031-8839

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    101 5th NW St
    LAUNDROMAT (SELF-SERVICE)
    1,600 SF Lot: 0.22 Acres
    Value Estimation by Request

    101 5th NW St, Le Mars, IA 51031-3249

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    Le Mars, IA 51031
    WAREHOUSE, STORAGE
    2,067 SF Lot: 0.51 Acres
    Value Estimation by Request

    Le Mars, IA 51031

    View details
    601 12th SW St
    DAY CARE, PRE-SCHOOL
    11,479 SF Lot: 2.14 Acres
    Estimated value
    $1,865,000

    601 12th SW St, Le Mars, IA 51031-2205

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    17 Central NW Ave
    RETAIL STORES (PERSONAL SERVICES)
    6,552 SF Lot: 0.06 Acres
    Value Estimation by Request

    17 Central NW Ave, Le Mars, IA 51031-3517

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    Plymouth NE St
    OFFICE BUILDING
    2,176 SF Lot: 0.09 Acres
    Value Estimation by Request

    Plymouth NE St, Le Mars, IA 51031

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    30 Plymouth SW St
    OFFICE/RESIDENTIAL (MIXED USE)
    7,916 SF Lot: 0.09 Acres

    30 Plymouth SW St, Le Mars, IA 51031-3525

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    41 Central NW Ave
    RETAIL STORES (PERSONAL SERVICES)
    2,310 SF Lot: 0.06 Acres
    Value Estimation by Request

    41 Central NW Ave, Le Mars, IA 51031-3517

    View details
    126 Plymouth SW St
    SERVICE STATION (FULL SERVICE)
    1,312 SF Lot: 0.07 Acres
    Value Estimation by Request

    126 Plymouth SW St, Le Mars, IA 51031-3526

    View details

    Le Mars, IA Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Le Mars, IA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 28,669 square feet of properties for sale, with an estimated market value of $1,524,999.

    Sale prices for business properties in Le Mars, IA start at $125,000, averaging $762,499, and reaching up to $1,399,999 — 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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    Demographics Overview

    Population 13K
    Population Growth (5Y) +5.2%
    Median Household Income $74,978
    College Educated 30.0%

    High-Yield Neighborhoods for Investment

    Identify Le Mars submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    51031 $599.4K

    Taxes & Financing

    Tax Rate (average for all types) 1.99%
    Property Tax per SF $21.15 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Plymouth County

    New Delisted

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