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Le Mars, IA Hotels for Sale

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Merrill, IA Remsen, IA Hinton, IA Ireton, IA Adelanto, CA Orange City, IA Kingsley, IA Sioux Center, IA
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‑unit hotel built in 1989 with 3 floors and interior corridors
Unit mix: 2 deluxe suites, 4 standard suites, 10 standard room king beds, 43 two double beds, plus 1 standard suite queen bed ADA
Each room includes a PTAC unit; roof shingles replaced on the main building in 2016 with updates in 2017
Included in the sale: all fixtures, furniture, and equipment
Amenities on site include complimentary breakfast in the dining area, security cameras, and coin‑operated W/D plus vending
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60-Unit Hotel in LeMars, Iowa
Updated: Mar 23
60-Unit Hotel in LeMars, Iowa

1201 Hawkeye Ave SW, Le Mars, IA 51031

$1,399,999
23,869 sqft
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
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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.

Riverfront Hospitality Asset with Redevelopment Potential
Riverfront Hospitality Asset with Redevelopment Potential

1 River Bend Pl, Chaska, MN 55318

$5,750,000
72,578 sqft

Riverfront property in downtown Chaska with redevelopment potential.

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Chaska Hospitality Property For Sale
Chaska Hospitality Property For Sale

1 Oak Ridge Dr |, Chaska, MN 55318

Contact for pricing
171 sqft

Hospitality property in Chaska, Minnesota, near retail, parks, and schools.

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Turnkey Hotel in Downtown Hartington
Turnkey Hotel in Downtown Hartington

202 N Broadway, Hartington, NE 68739

$699,900

Fully renovated hotel with income-producing potential in downtown Hartington.

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Historic Hotel with Subdividable Retail
Historic Hotel with Subdividable Retail

525 6th Street, Sioux City, IA 51101

Contact for pricing
1.50 AC lot

Restored 1930s hotel includes about 12,400 SF of commercial space with parking and options to subdivide.

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.

Prime Corner Land in Waukee
Prime Corner Land in Waukee

Outlot W Grand Prairie Parkway, Waukee, IA 50263

$3,920,400
4.56 AC lot

4.56 acres in Iowa's fastest growing community.

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Commercial Development Land with IDD Zoning
Commercial Development Land with IDD Zoning

21133 775th St, Albert Lea, MN 56007

$975,000
6.50 AC lot

6.5-acre parcel off Interstate 35 with IDD zoning and city utilities available for a wide range of commercial uses.

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Grand Island Commercial Opportunity
Grand Island Commercial Opportunity

James Rd, Grand Island, NE 68803

$688,722
1.61 AC lot

Prime commercial land in a high-growth Grand Island location.

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Commercial Land Near Highway 71
Commercial Land Near Highway 71

71 South N/a, Maryville, MO 64468

$420,000
242,193 sqft 5.50 AC lot

5.5 acre commercial land for sale near US 71.

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

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

$1,820,000
Estimated value
27,408 sqft 2.01 AC lot
View details
1285 Sleepy Eye Dr
HOTEL/MOTEL

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

$665,000
Estimated value
36,342 sqft 2.41 AC lot
View details
1201 Hawkeye SW Ave
HOTEL/MOTEL

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

$645,000
Estimated value
21,771 sqft 2.33 AC lot
View details
Le Mars, IA 51031
HOTEL/MOTEL

Le Mars, IA 51031

Value Estimation by Request
2,294 sqft 1.09 AC lot
View details
635 8th SW Ave
HOTEL/MOTEL

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

$615,000
Estimated value
28,712 sqft 1.86 AC lot
View details

Le Mars, IA Hotels Market Trends and Statistics

Explore 7 hotels 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 resorts 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

Commercial property segments ranked by active listings on the market

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 average 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 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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