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Le Mars, IA

Le Mars, IA Commercial Real Estate for Sale

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Merrill, IA Remsen, IA Hinton, IA Ireton, IA Adelanto, CA Orange City, IA Kingsley, IA Sioux Center, IA

7 properties

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60-Unit Hotel with Event Room

Updated: Mar 5

60-Unit Hotel with Event Room

Le Mars, IA 51031

$1,399,999

2.30 AC lot

60‑room hotel built in 1989 with interior corridors and room mix including 2 deluxe suites, 4 standard suites, and ADA‑accessible suite
PTAC in every unit; newer carpet and shingle roof replacement on the main building in 2016 with updates in 2017
On‑site coin‑operated laundry and vending; security cameras in place
Attached event room totaling 1,800 SF with its own bathroom, water heater, and electrical panel
64 marked parking spots plus large gravel area for trucks/trailers and larger vehicles

Historic Two-Story Retail Building

Updated: May 6

Historic Two-Story Retail Building

Le Mars, IA 51031

$125,000

0.05 AC lot

4,800 SF, 2‑story commercial building built in 1887
Main floor currently leased as an antique store; tenant may consider staying
Second floor is not currently usable
Unfinished basement
Forced air heating and central air cooling

Historic Storefront Property with Two Apartments

Historic Storefront Property with Two Apartments

Le Mars, IA 51031

$584,900

0.09 AC lot

Fully renovated historic storefront building with exposed brick, original tin ceilings, and two apartments upstairs.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

60-Unit Hotel in LeMars, Iowa

60-Unit Hotel in LeMars, Iowa

1201 Hawkeye Ave SW, Le Mars, IA 51031

Contact for pricing

23,869 sqft

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

Historic Two-Story Commercial Building

Historic Two-Story Commercial Building

Le Mars, IA 51031

$300,000

0.09 AC lot

Two-story commercial building with split main level, apartment-style weekly rental space, and an unfinished basement.

Commercial Land Development Site

Commercial Land Development Site

Le Mars, IA 51031

$180,000

0.34 AC lot

Two combined lots on a main street in LeMars, rezoned for commercial use.

Heated Storage Unit with Overhead Door

Heated Storage Unit with Overhead Door

Le Mars, IA 51031

$192,000

0.15 AC lot

Commercial storage unit with in-floor radiant heat, a floor drain, and a 14-foot overhead door.

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

Historic Building in Downtown Remsen

260-262 S Washington Street, Remsen, IA 51050

Contact for pricing

2,538 sqft 0.12 AC lot

Restored commercial space ready for build out in Remsen.

Historic Downtown Brick Retail Building

Historic Downtown Brick Retail Building

260-262 S Washington Street, Remsen, IA 51050

Contact for pricing

0.12 AC lot

Brick storefront on a corner lot with new windows and doors, sized for one user or two separate spaces.

Land For Sale in Hinton

Land For Sale in Hinton

BlackHawk Ridge lot: 26, Hinton, IA 51024

$59,995

0.37 AC lot

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

Land in Hinton, Iowa

Land in Hinton, Iowa

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

$73,000

0.50 AC lot

Land for sale with a view in Hinton, Iowa.

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)

Le Mars, IA 51031

Value Estimation by Request

6,720 sqft 0.34 AC lot

1391 1st SE St

DAY CARE, PRE-SCHOOL

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

Value Estimation by Request

2,536 sqft 0.57 AC lot

410 4th SW St

RESTAURANT

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

Value Estimation by Request

2,171 sqft 0.28 AC lot

37 1st NW Ave

FINANCIAL BUILDING

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

Value Estimation by Request

17,254 sqft 0.62 AC lot

1105 Hawkeye SW Ave

VACANT COMMERCIAL LAND

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

$1,285,000

Estimated value

0.40 AC lot

724 Plymouth SW St

VETERINARY, ANIMAL HOSPITAL

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

Value Estimation by Request

3,410 sqft 1.11 AC lot

1345 12th SW Ave

WAREHOUSE, STORAGE

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

$650,000

Estimated value

21,800 sqft 4.16 AC lot

Industrial SW Rd

WAREHOUSE, STORAGE

Industrial SW Rd, Le Mars, IA 51031

Value Estimation by Request

3,080 sqft 2.94 AC lot

1822 24th SW St

WAREHOUSE, STORAGE

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

$1,250,000

Estimated value

16,000 sqft 1.63 AC lot

101 5th NW St

LAUNDROMAT (SELF-SERVICE)

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

Value Estimation by Request

1,600 sqft 0.22 AC lot

Le Mars, IA 51031

WAREHOUSE, STORAGE

Le Mars, IA 51031

Value Estimation by Request

2,067 sqft 0.51 AC lot

601 12th SW St

DAY CARE, PRE-SCHOOL

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

$1,865,000

Estimated value

11,479 sqft 2.14 AC lot

17 Central NW Ave

RETAIL STORES (PERSONAL SERVICES)

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

Value Estimation by Request

6,552 sqft 0.06 AC lot

Plymouth NE St

OFFICE BUILDING

Plymouth NE St, Le Mars, IA 51031

Value Estimation by Request

2,176 sqft 0.09 AC lot

30 Plymouth SW St

OFFICE/RESIDENTIAL (MIXED USE)

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

Value Estimation by Request

7,916 sqft 0.09 AC lot

41 Central NW Ave

RETAIL STORES (PERSONAL SERVICES)

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

Value Estimation by Request

2,310 sqft 0.06 AC lot

126 Plymouth SW St

SERVICE STATION (FULL SERVICE)

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

Value Estimation by Request

1,312 sqft 0.07 AC lot

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 23,869 square feet of properties for sale, with an estimated market value of $2,781,899.

Sale prices for business properties in Le Mars, IA start at $125,000, averaging $463,649, 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	$463.6K

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%

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