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    Spirit Lake, IA
    Hospitality

    Spirit Lake, IA Hospitality Properties for Sale

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    Orleans, IA Okoboji, IA Arnolds Park, IA Wahpeton, IA Milford, IA Lake Park, IA Estherville, IA Spencer, IA
    Travelodge Motel with Expansion Lot
    Updated: Apr 10
    Travelodge Motel with Expansion Lot

    1905 18th Street, Spirit Lake, IA 51360

    $1,649,500
    36‑room Travelodge motel built in 1962
    22 rooms with two king beds; 14 rooms with one queen bed
    Updated carpet, furniture, and bathrooms in 14 rooms
    Manager's quarters and detached 2‑car garage
    Additional 1.089‑acre lot for future expansion
    View details
    See hot listings in Spirit Lake

    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 13 Potential Opportunities for your consideration. Besides 1 Active listings in Spirit Lake, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 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.

    40-Key Hotel with Restaurant
    40-Key Hotel with Restaurant

    2007 Highway 71 N, Jackson, MN 56143

    $1,350,000
    30,514 sqft

    Hospitality property with food-and-beverage space, event rooms, and an on-site pool area.

    View details
    Hotel Property with Manager Suite
    Hotel Property with Manager Suite

    1923 Dover St, Worthington, MN 56187

    $899,000
    2,921 sqft

    Three-building hospitality property with 36 furnished rooms and an attached office.

    View details
    Hotel Property with Furnished Rooms
    Hotel Property with Furnished Rooms

    1923 Dover Street, Worthington, MN 56187

    $899,000
    1.24 AC lot

    Three buildings include guest accommodations and a separate manager’s residence.

    View details
    Recently Updated Two-Story Hotel
    Recently Updated Two-Story Hotel

    110 BELMONT LN, Jackson, MN

    Contact for pricing

    Recently updated, two-story hotel with 52 rooms, interior corridor, and an elevator—positioned for easy highway access.

    View details

    Off-Market Properties in Spirit Lake, IA

    Consider similar Off-Market properties in Spirit Lake, 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.

    2203 Cir W Dr
    HOTEL/MOTEL

    2203 Cir W Dr, Spirit Lake, IA 51360-1065

    Estimated value:
    $905,000
    19,080 sqft 1.08 AC lot
    View details
    2704 17th St
    HOTEL/MOTEL

    2704 17th St, Spirit Lake, IA 51360-1081

    Estimated value:
    $2,600,000
    22,736 sqft 1.50 AC lot
    View details
    2051 Hwy 9th 9
    HOTEL/MOTEL

    2051 Hwy 9th 9, Spirit Lake, IA 51360-7231

    Estimated value:
    $215,000
    5,832 sqft 1.08 AC lot
    View details
    259 242nd Ave
    HOTEL/MOTEL

    259 242nd Ave, Spirit Lake, IA 51360

    Estimated value:
    $240,000
    6,930 sqft 0.13 AC lot
    View details
    23131 Nature Ctr Rd
    HOTEL/MOTEL

    23131 Nature Ctr Rd, Spirit Lake, IA 51360-7716

    Estimated value:
    $325,000
    7,774 sqft 1.00 AC lot
    View details
    1905 18th St
    HOTEL/MOTEL

    1905 18th St, Spirit Lake, IA 51360-1091

    Estimated value:
    $255,000
    5,841 sqft 1.38 AC lot
    View details
    21455 Seward St
    HOTEL/MOTEL

    21455 Seward St, Spirit Lake, IA 51360-7720

    Estimated value:
    $45,000
    1,296 sqft 0.23 AC lot
    View details
    21455 Seward St
    HOTEL/MOTEL

    21455 Seward St, Spirit Lake, IA 51360-7720

    Estimated value:
    $45,000
    1,296 sqft 0.23 AC lot
    View details

    Spirit Lake, IA Hospitality Properties Market Trends and Statistics

    Explore 9 hospitality properties for sale in Spirit Lake, IA on our real estate platform.

    Sale prices for hospitality properties in Spirit Lake, IA average $1,649,500 — 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

    Motels 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    51360 $1.6M

    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%

    Listings Trend

    New vs delisted commercial listings in Dickinson County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Spirit Lake, IA

    • 51360

    Featured Spirit Lake Real Estate Agencies

    Realmo connects you with licensed Spirit Lake CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Hinn Real Estate
    2916 Hwy 71 S Spirit Lake, IA 51360
    Phone: 17123361240
    www.buyokoboji.com

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