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    Le Mars, IA
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    Le Mars, IA Hospitality Properties for Sale

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    Merrill, IA Remsen, IA Hinton, IA
    LeMars Hotel with Event Room
    $1,399,999
    2.30 Acres
    LeMars Hotel with Event Room

    Le Mars, IA 51031

    60-unit hotel with event room in high-traffic area.
    • High‑traffic location in LeMars, Iowa, near a stop light, with proximity to restaurants, grocery stores (Hy‑Vee, Wal‑Mart), and other retail.
    • 60‑unit hotel with a variety of room types, including deluxe and standard suites, king rooms, and double bed rooms.
    • Includes an 1800 SF event room with potential for conversion into a dining/bar area.
    • Ample parking with 64 marked spots and a large gravel area for trucks/trailers.
    • On‑site amenities include complimentary breakfast, coin‑operated laundry, vending machines, and security cameras.
    Updated: Mar 5
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    60-Unit Hotel in LeMars, Iowa
    $1,399,999
    23,869 SF
    60-Unit Hotel in LeMars, Iowa

    1201 Hawkeye Ave SW, Le Mars, IA 51031

    60-unit hotel with event room in high-traffic area.
    • High‑traffic location in LeMars with easy access via stop light
    • 60‑unit hotel with a variety of room types, including suites
    • Includes all fixtures, furniture, and equipment (FF&E)
    • Event room (1800 SF) with potential for dining/bar or other uses
    • Ample parking, including a large gravel area for trucks/trailers
    Updated: Mar 23
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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 2 Active listings in Le Mars, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Fully Renovated Extended-Stay Hotel
    $2,600,000
    2.87 Acres
    Fully Renovated Extended-Stay Hotel

    Modernized 71-room extended-stay facility with guest-friendly amenities, positioned directly across from airport expansion.

    6166 HARBOR DR, Sioux City, IA 51111

    View details
    100-Room Hospitality Investment Opportunity
    $3,500,000
    100-Room Hospitality Investment Opportunity

    Hospitality property with 100 rooms, great investment opportunity.

    1300 West Russell Street, Sioux Falls, SD 57104

    View details
    Sioux Falls Commercial Property For Sale
    $3,200,000
    Sioux Falls Commercial Property For Sale

    Two-building commercial property with strong revenue potential in Sioux Falls.

    1000 South Grange Avenue, 1201 W. 18th Street, Sioux Falls, SD 57104

    View details
    Historic Hotel Building with Retail Space
    Contact for pricing
    1.50 Acres
    Historic Hotel Building with Retail Space

    Restored 1930s hotel building offers subdividable commercial space, ample parking, and support for budgeting through flat CAM.

    525 6th Street, Sioux City, IA 51101

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Ocean View Finca Development Potential
    $1,550,000
    115.90 Acres
    Ocean View Finca Development Potential

    46.9 hectares with ocean views and natural springs near Playa Carrillo.

    Sioux City, 51101

    View details
    Waterfront Recreational Land Parcel
    $124,900
    9.30 Acres
    Waterfront Recreational Land Parcel

    Private lakeshore acreage with a gravel central drive and recognized RV or seasonal campground potential, subject to approvals.

    Fulda, MN 56131

    View details
    Gretna Agricultural Land For Sale
    $4,500,000
    28.45 Acres
    Gretna Agricultural Land For Sale

    28+ acres of agricultural land near proposed commercial development.

    18900 Capehart Road, Gretna, NE 68028

    View details
    Lake Thompson Waterfront Recreational Lot
    $193,800
    0.46 Acres
    Lake Thompson Waterfront Recreational Lot

    0.46 acre lot with 75 feet of lake frontage.

    21425 Sunset Trail, Lake Preston, SD 57249

    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.

    1314 12th SW St
    HOTEL/MOTEL
    27,408 SF Lot: 2.01 Acres
    Estimated value
    $1,820,000

    1314 12th SW St, Le Mars, IA 51031-1834

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    1285 Sleepy Eye Dr
    HOTEL/MOTEL
    36,342 SF Lot: 2.41 Acres
    Estimated value
    $665,000

    1285 Sleepy Eye Dr, Le Mars, IA 51031-2894

    View details
    1201 Hawkeye SW Ave
    HOTEL/MOTEL
    21,771 SF Lot: 2.33 Acres

    1201 Hawkeye SW Ave, Le Mars, IA 51031-1865

    View details
    Le Mars, IA 51031
    HOTEL/MOTEL
    2,294 SF Lot: 1.09 Acres
    Value Estimation by Request

    Le Mars, IA 51031

    View details
    635 8th SW Ave
    HOTEL/MOTEL
    28,712 SF Lot: 1.86 Acres
    Estimated value
    $615,000

    635 8th SW Ave, Le Mars, IA 51031-1812

    View details

    Le Mars, IA Hospitality Properties Investment Opportunities Market Analysis

    Explore 7 hospitality properties for sale in Le Mars, IA 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 $1,399,999.

    Sale prices for hospitality properties in Le Mars, IA start at $1,399,999, averaging $1,399,999, 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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    Top Commercial Asset Segments

    Hotels 2

    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 median listing prices of real estate assets

    Neighborhood Average Price
    51031 $1.4M

    Taxes & Financing

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

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